Skip to main content
Search

SSE accelerates infrastructure spend while keeping full-year guidance on track

Date: 04 February 2026

1 minute read

4 February 2026

If you are covering SSE's latest results please see the following commentary from Phil Ross, equity research analyst at Quilter Cheviot:
 
SSE’s Q3 2026 trading statement shows the company continuing to make solid progress towards its ambitions for sizeable growth in electricity networks, while further expanding its footprint in renewables. Networks capital expenditure of £1.8bn at the nine-month stage is up 64% year-on-year, underlining the pace of investment in electricity infrastructure that investors were looking for and which was supported by the recent capital raise.
 
Alongside this, renewable electricity generation rose 7% year-on-year and 17% growth in the third quarter alone, reflecting increased capacity. The company has guided for its full-year earnings guidance in line with investor expectations. While earnings are lower year-on-year due to mixed weather conditions, the update reinforces SSE’s ability to execute on its ambitious growth plans and maintain momentum across its core businesses.

Alex Berry

External Communications Manager
+44 (0)7741 151931

Notes to Editors

Notes to Editors:

About Quilter plc

Quilter plc is a leading wealth management business, helping to create brighter financial futures for every generation.

Quilter plc oversees £157.4 billion in customer investments (as at 30 June 2026).

It has an adviser and customer offering spanning financial advice, investment platforms, multi-asset investment solutions and discretionary fund management.

The business is comprised of two branded segments: Quilter and Quilter Cheviot.

Quilter encompasses the financial advice network and national, Quilter's investment platform and multi-asset solutions and Quilter Invest, the digital savings and investment app.

Quilter Cheviot is a discretionary fund management and financial planning business.

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Senator House, 85 Queen Victoria Street, London, EC4V 4AB, United Kingdom. Registered number: 6404270.  Registered in England.

PRIVACY INFORMATION
We hold your name, email address, job role and the name of your publication on our Press Distribution List and use this information to send you press releases which we believe will be of interest to you. You can stop receiving emails from us at any time by emailing us at: pressoffice@quilter.com and asking us to remove you from the Distribution List.

Related Articles

Quilter Cheviot adds to Dubai and Jersey offices to support international clients

3 minute read

Quilter Cheviot has today announced it has appointed Jack Herbert as Head of Business Development EMEA, based in Dubai, and Laura Gibson as Relationship Director, based in Jersey, to support the international business.

Published 4 days ago

Government borrowing climbs, and bond markets expect more to come

2 minute read

If you are covering the latest public sector finances data, please see the following comment from Richard Carter, head of fixed interest research at Quilter Cheviot:

Published 4 days ago