SSE Completes Caithness-Moray Electricity Transmission Link

Date : 11/01/2019 @ 23:04
Source : Dow Jones News
Stock : Sse (PC) (SSEZY)
Quote : 13.205  0.365 (2.84%) @ 06:07
Sse (PC) share price Chart

SSE Completes Caithness-Moray Electricity Transmission Link

Sse (LSE:SSE)
Historical Stock Chart

6 Months : From Nov 2018 to May 2019

Click Here for more Sse Charts.

By Oliver Griffin

 

SSE PLC (SSE.LN) said Friday that it has completed the construction, commissioning and energization of the new Caithness-Moray electricity transmission link in Scotland, its largest-ever single investment.

The energy company said the total spend on the project is expected to be 970 million pounds ($1.24 billion), within an initial budget of GBP1.06 billion.

SSE said the transmission link was completed on time and within Ofgem's requirements.

The Caithness-Moray link provides up to 1.2 gigawatts of capacity to transmit power from the increasing sources of renewable energy from across the far north of Scotland, SSE said.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

January 11, 2019 06:49 ET (11:49 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Your Recent History
FX
EURAUD
Euro vs Au..
FX
USDAUD
US Dollar ..
ASX
WPL
Woodside
NASDAQ
AAPL
Apple
ASX
BHP
BHP Bilito..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:au D:20190525 22:09:32