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SSEZY SSE PLC (PK)

21.66
0.30 (1.40%)
02 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
SSE PLC (PK) USOTC:SSEZY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.30 1.40% 21.66 21.27 21.73 21.7425 21.46 21.46 56,711 21:05:29

SSE Completes Caithness-Moray Electricity Transmission Link

11/01/2019 12:04pm

Dow Jones News


SSE (PK) (USOTC:SSEZY)
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By Oliver Griffin

 

SSE PLC (SSE.LN) said Friday that it has completed the construction, commissioning and energization of the new Caithness-Moray electricity transmission link in Scotland, its largest-ever single investment.

The energy company said the total spend on the project is expected to be 970 million pounds ($1.24 billion), within an initial budget of GBP1.06 billion.

SSE said the transmission link was completed on time and within Ofgem's requirements.

The Caithness-Moray link provides up to 1.2 gigawatts of capacity to transmit power from the increasing sources of renewable energy from across the far north of Scotland, SSE said.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

January 11, 2019 06:49 ET (11:49 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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