SSE Chief To Retire as Five-Year Clean Spending Program Reaches Halfway Point
- SSE Sees Further Delays to World’s Largest Offshore Wind Park
- Profit from local electricity grid business jumped 188%
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SSE Plc’s chief executive officer Alistair Phillips-Davies is set to retire next year as the company reaches the halfway point in its five-year £20.5 billion ($26.1 billion) green investment plan.
Phillips-Davies will remain until a successor is appointed, according to a statement on Wednesday. The British power generator also announced a delay to it’s flagship Dogger Bank A offshore wind farm as installing the turbines is taking longer than expected. The project will now be completed in the second half of 2025.