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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  SSE plc    SSE   GB0007908733

SSE PLC

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SSE : business to invest £2.3 million in power supply upgrades

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06/25/2020 | 12:08pm EDT
FILE PHOTO: An SSE company logo is seen on signage outside the Pitlochry Dam hydro electric power station in Pitlochry

British utility SSE' s networks business, Scottish and Southern Electricity Networks, said on Thursday it will invest 2.3 million pounds in upgrades to electricity transmission infrastructure in southern England.

One of the projects involves upgrading and replacing underground cables to power 38,000 homes and businesses in Andover at a cost of 1.1 million pounds.

The other project, valued at 1.3 million pounds, will involve the upgrade of an underground cable in Bournemouth, increasing the capacity of the area's power supply to reach 14,000 local customers.

(Reporting by Nina Chestney; editing by Barbara Lewis)


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