On November 18, 2021, SSE has rejected calls from Elliott Investment for a breakup and plans to sell minority stakes to fund a £12.5bn green energy spending spree. The FTSE 100 power generation and networks company will sell stakes in its transmission and distribution businesses and cut the dividend in 2023 to help pay for the investment. It aims to build wind farms, batteries, hydrogen and carbon capture facilities over the next four years, mainly in the UK and Ireland, in a major clean energy push. SSE dismissed demands from Elliott Investment to split up the company and said the plans meant it could deliver a quarter of the UK's offshore wind target.