Energy firm promises £22 billion investment in ‘critical grid infrastructure’

  • 📰 LBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 74%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

SSEN Transmission said an additional £9.4 billion of investment could take total spending over the five years of its plan to £31.7 billion.

SSEN Transmission said an additional £9.4 billion of investment could take total spending over the five years of its plan to £31.7 billion.

That includes £16 billion for “strategic investments” already approved by Ofgem as part of work to improve the UK’s transmission network. And if the additional spending goes ahead, it said investment of £31.7 billion would help support up to 37,000 jobs across the UK, including 17,500 in Scotland and 8,400 in the north of Scotland.

He added: “In what is one of the largest investment programmes of all time in Scotland, this plan will also support tens of thousands of jobs across the country, turbo-charging the economy and delivering a transformational and lasting legacy for communities, the economy and nature.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines