SSE Distribution unit announces massive investment for Scottish subsea cable upgrades

SSE selected five partners for a major subsea network upgrade to support Scottish islands. This five-year project will cost up to 1.28 billion dollars in total.

Insights:
SSEN Distribution, the electricity distribution unit of SSE plc , has announced the selection of five contract partners for a major investment of up to £950 million to upgrade the subsea electricity network connecting Scotland's island communities. This regional infrastructure project in the United Kingdom GBGB involves significant work on the distribution network to modernize critical subsea transmission assets. The selection of the partners and the formalization of these agreements commit substantial capital to the region and will determine the framework for procurement and delivery over the coming years.
An SSE company logo is seen on signage outside the Pitlochry Dam hydro electric power station in Pitlochry, Scotland, Britain, November 8, 2017. REUTERS/Russell Cheyne
An SSE company logo is seen on signage outside the Pitlochry Dam hydro electric power station in Pitlochry, Scotland, Britain, November 8, 2017. REUTERS/Russell Cheyne
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