SSE plc is due to publish and virtually present its financial results on 17 November 2021 for the six months to 30 September 2021.

Strategic focus

As outlined within its RNS on 20 September in response to media speculation, the Board remains as ever fully focused on strategic choices which will drive shareholder and societal value from the wealth of net zero opportunities SSE is creating.

Through the successful GBP2.7bn disposal programme which has further reshaped the group towards low-carbon electricity infrastructure, SSE's strategic focus is on renewables and regulated electricity networks, supported by carefully chosen complementary businesses which include flexible low-carbon generation. Its business mix contains exciting growth potential aligned with net zero targets and shares common capabilities in the development, building, operation and financing of low-carbon electricity infrastructure. SSE is currently building more offshore wind than any company in the world, expanding internationally, and investing in the decarbonising infrastructure that society needs.

As outlined in May, SSE will provide an update on its plans to further accelerate growth in its portfolio with its Half-year Results in November. This will include details of upweighted capital investment for the period to 2026, the sources of funding to underpin the plans, as well as the company's vision for further growth ambitions extending into the 2030s.

As the Board progresses its plans to accelerate growth and create value, it will continue to engage with shareholders and other stakeholders.

Finance Director, Gregor Alexander, said: 'SSE's very deliberate mix of economically regulated and market-based businesses provides resilience against seasonal variability. The operational issues we've faced in the first half are, by their nature, time-limited and the key months of our financial year are still to come.

'The successful reshaping of the Group through our disposals programme has sharpened the focus on our core renewables and electricity networks businesses, and those businesses that are truly complementary to them. We are creating significant growth opportunities, most recently with our Japanese announcement today.

'We look forward to updating the market with an ambitious new investment plan that will optimise the SSE Group's options and opportunities in the transition to net zero, and to partnering with the UK Government as Principal Partner of COP26 in Glasgow.'

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