SSE pledges to reinvest excess profits in green energy

SSE has insisted that any “additional profits” driven by market turmoil will be reinvested in building new low-carbon assets. It comes amid predictions the company could generate a pre-tax profit of almost £1.7 billion in the current financial year, which runs until March 2023. This compares to the £1.1 billion unveiled earlier this year and £950 million in March 2021.

This content is for members only. Please click here to view the full article.