SSE has updated guidance for 2025/26 after reporting a 10% year-on-year increase in generation from renewables.
The developer said annual output is expected to be around 14.5 terawatt-hours in the 12 months to 31 March, reflecting increased capacity from SSE’s construction programme offsetting mixed weather conditions from the year.
The regulated networks business is meanwhile due to deliver an around 60% year-on-year increase in capital investment. Most of this rise is in transmission where five of SSE’s 11 major projects are under construction.
Total capital investment for the group is expected to be around £3.5bn for 2025/26 as SSE progresses its five-year £33bn spending plan.
SSE said adjusted earnings per share is expected to be in the range of 147-152 pence.
Operating profit expectations and forecasts for the group’s other business units remains unchanged.
Full-year results are due to be released at the end of May.