# SSE says half-year network investment rose around 70%

> In a 1 October trading update, SSE said half-year networks investment was around 70% higher year on year and renewable output was expected to rise about 20%. It also forecast adjusted half-year earnings per share of 64–68 pence.

- Canonical URL: https://newsverum.com/en/news/sse-october-2026-half-year-trading-update-investment-and-outlook
- Publisher: Newsverum
- Section: Energy
- Country: United Kingdom
- Published: 2026-10-10T17:23:44+00:00
- Updated: 2026-10-12T06:27:51+03:00
- Event / data period: 2026-10-01
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The company said most of the rise in network investment came from transmission, where work was accelerating across 11 major projects. It attributed the expected increase in renewable output to more favourable weather and capacity growth, and said turbine installation at Dogger Bank B was more than halfway complete.

SSE reiterated adjusted earnings guidance of 168–193 pence per share for 2026/27. It expected half-year group capital investment of about £2.5 billion and adjusted net debt plus hybrid capital of about £11.5 billion. These are company expectations ahead of its 18 November half-year results, not reported final results, and the update covers SSE Group rather than Scotland alone.

## Data

### SSE 2026 half-year trading update — in percent

Company-reported performance indicators and expectations; group scope.

Methodology: Company-reported half-year comparisons and expectations in SSE’s 1 October 2026 trading update; figures described as expected are not final results. Pound amounts are for the group and are not Scotland-only.

| Indicator label (Turkish) | Indicator label (English) | Indicator label (Arabic) | Indicator label (French) | Indicator label (Spanish) | Indicator label (German) | Indicator label (Portuguese) | Value |
|---|---|---|---|---|---|---|---|
| Şebeke yatırımlarındaki yaklaşık artış (yıllık) | Approximate year-on-year increase in networks investment | الزيادة السنوية التقريبية في استثمارات الشبكات | Hausse approximative sur un an des investissements dans les réseaux | Aumento interanual aproximado de la inversión en redes | Ungefährer Anstieg der Netzinvestitionen im Jahresvergleich | Aumento homólogo aproximado do investimento em redes | 70 |
| Yenilenebilir üretimde beklenen yaklaşık artış (yıllık) | Expected approximate year-on-year increase in renewable output | الزيادة السنوية التقريبية المتوقعة في إنتاج الطاقة المتجددة | Hausse annuelle approximative attendue de la production renouvelable | Aumento interanual aproximado previsto de la producción renovable | Erwarteter ungefährer Anstieg der erneuerbaren Erzeugung im Jahresvergleich | Aumento homólogo aproximado esperado na produção renovável | 20 |

Sources: <https://www.sse.com/news-and-views/2026/09/half-year-trading-update/> · Download data: [JSON](https://newsverum.com/api/v1/articles/sse-october-2026-half-year-trading-update-investment-and-outlook/data/sse-trading-update-metrics-october-2026-percent?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/sse-october-2026-half-year-trading-update-investment-and-outlook/data/sse-trading-update-metrics-october-2026-percent?lang=en&format=csv)

### SSE 2026 half-year trading update — GBP billions

Company-reported performance indicators and expectations; group scope.

Methodology: Company-reported half-year comparisons and expectations in SSE’s 1 October 2026 trading update; figures described as expected are not final results. Pound amounts are for the group and are not Scotland-only.

| Indicator label (Turkish) | Indicator label (English) | Indicator label (Arabic) | Indicator label (French) | Indicator label (Spanish) | Indicator label (German) | Indicator label (Portuguese) | Value |
|---|---|---|---|---|---|---|---|
| Grubun yarıyıl sermaye yatırımı beklentisi (yaklaşık) | Approximate expected group half-year capital investment | التوقع التقريبي للاستثمار الرأسمالي للمجموعة في النصف الأول | Prévision approximative de l’investissement en capital du groupe au premier semestre | Previsión aproximada de la inversión de capital del grupo en el semestre | Ungefähre Erwartung der Konzerninvestitionen im Halbjahr | Previsão aproximada do investimento de capital do grupo no semestre | 2.5 |
| Düzeltilmiş net borç ve hibrit sermaye beklentisi (yaklaşık) | Approximate expected adjusted net debt and hybrid capital | التوقع التقريبي لصافي الدين المعدل ورأس المال الهجين | Prévision approximative de la dette nette ajustée et du capital hybride | Previsión aproximada de deuda neta ajustada y capital híbrido | Ungefähre Erwartung für bereinigte Nettoverschuldung und Hybridkapital | Previsão aproximada da dívida líquida ajustada e do capital híbrido | 11.5 |

Sources: <https://www.sse.com/news-and-views/2026/09/half-year-trading-update/> · Download data: [JSON](https://newsverum.com/api/v1/articles/sse-october-2026-half-year-trading-update-investment-and-outlook/data/sse-trading-update-metrics-october-2026-billion-gbp?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/sse-october-2026-half-year-trading-update-investment-and-outlook/data/sse-trading-update-metrics-october-2026-billion-gbp?lang=en&format=csv)

## Sources

- [SSE plc](<https://www.sse.com/news-and-views/2026/09/half-year-trading-update/>) (Source checked: 2026-10-10; Published: 2026-10-01)

## Correction history

- 2026-10-12T06:27:51+03:00: Wording in the translations of data labels or explanations was corrected.

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