SSE to increase clean energy investment by ?2.5bn after profits rise

Budget lift of 14% will be used on investing in renewable energy and upgrading UK's energy gridsSSE plans to grow its investment in clean energy by 14% to ?20.5bn for its current budget after reporting better than expected profits for the first half of the financial year.The FTSE 100 utility told investors it will add an extra ?2.5bn to its spending plan for the five years to the 2023-2024 financial year, most of which will be used to invest in renewable energy and upgrading the UK's energy grids. Continue reading...