SCOTTISH & SOUTHERN ENERGY

SSE PLC announced a 33 billion British Pounds five-year investment plan to upgrade the U.K.'s energy infrastructure, tripling its previous spending levels.

SSE PLC said Wednesday it has successfully raised approximately 2 billion British Pounds through a sale of new shares to help fund a major expansion of the U.K.'s electricity grid.

SSE PLC launched a 33 billion British Pounds five-year investment plan and will raise approximately 2 billion British Pounds in an equity sale to help fund it, the company said Wednesday.

SSE on Wednesday announced a plan to triple its investment in UK energy infrastructure to 33 billion British Pounds over five years, focusing heavily on upgrading the country's electricity networks.

SSE PLC on Wednesday announced a fully-funded 33 billion British Pounds five-year investment plan, a significant increase that reverses earlier spending cuts.

SSE PLC on Wednesday announced a fully-funded, 33 billion British Pounds five-year investment plan to upgrade the U.K.'s electricity grid, deepening its strategic pivot towards regulated networks.