SSE share price surges as utility unveils £33bn grid investment plan and £2bn equity raise
SSE shares rose 10.7% to 2,186p by late morning after the company announced a £33 billion, five-year plan to upgrade UK power networks and boost clean energy. The utility will raise about £2 billion in new equity to help fund the strategy. Shares hit a 52-week high of 2,228p after the news. SSE expects its investment to increase jobs beyond the current 67,000 supported.