REG - SSE Plc - SSE PLC ISSUES NEW €600m GREEN BOND

SSEAnnouncement

11/03/2025 17:00

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RNS Number : 2524A  SSE PLC  11 March 2025

SSE PLC

SSE PLC ISSUES NEW €600m GREEN BOND

SSE plc has successfully issued a new €600m 7-year green bond maturing on 18
March 2032 with a coupon of 3.5%.

Today's issuance is SSE's ninth green bond in eight years and reaffirms its
status as the largest UK corporate issuer of green bonds. This brings the
total outstanding green bonds issued by SSE and its subsidiaries to £4.9bn.

The proceeds from today's green bond will specifically help finance and/or
refinance SSE Renewables projects currently under construction or recently
completed. These include Yellow River, Viking and Seagreen wind farms, as well
as the world's largest offshore wind farm at Dogger Bank.

Barry O'Regan, SSE's Chief Financial Officer, said:

"SSE is at the heart of the clean energy transition and our renewables
business is growing as it delivers nationally important investments which will
make a significant contribution to meeting UK renewables deployment and
climate targets.

"This bond was well received and 3 times oversubscribed, offering yet another
attractive SSE proposition to investors looking to channel finance into green
infrastructure."

Notes

SSE's latest published Green Bond Report can be found at
https://www.sse.com/sustainabilityfinancingframework
(https://www.sse.com/sustainabilityfinancingframework) , along with an
Assurance Report from EY and DNV's Opinion Report on our Sustainability
Financing Framework.

 

 

 Enquiries
 Investors  SSE Investor Relations  ir@sse.com (mailto:ir@sse.com)        Michael Livingston  +44 (0)345 0760 530
 Media      SSE Media               media@sse.com (mailto:media@sse.com)  Glenn Barber        +44 (0)345 0760 530

            MHP Group                                                     Oliver Hughes       +44 (0)7885 224 532
                                                                          James McFarlane     +44 (0)7584 142 665

 

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