Supporting the green energy transition in Scotland!
On Tuesday, 26 August, SSE plc returned to the EUR market for the third time this year via the Scottish Hydro Electric Transmission PLC issuing entity, which is part of the Scottish & Southern Electricity Network (SSEN) Transmission business, with a EUR 750m Long 8-year Senior unsecured green bond.
The proceeds will finance or refinance critical infrastructure, including upgrades across the north of Scotland’s electricity network as part of SSE’s £22 billion-plus investment programme—supporting the UK’s 2030 net-zero targets.
This deal marks SSEN Transmission’s second EUR-bond issuance and the tenth green bond by the SSE Group in eight years, and reaffirms its status as the UK’s largest corporate issuer of green bonds.
Crédit Agricole CIB acted as joint bookrunner.
Delighted to have supported SSEN Transmission on its first green bond with CACIB. Partnering with market leaders like SSE is central to driving the UK’s net-zero transition. As the UK’s largest corporate green bond issuer, this breakthrough further strengthens our sustainable banking credentials in the UK.
Nibras Hadi
Sustainable Investment Banking, UK
It’s been a pleasure to support SSE for the first time in the capital markets with their second green issuance from SSEN Transmission. This successful transaction highlights both investor confidence in the company and the strong demand for credible green issuers - a clear demonstration of the trust placed in our platform.
Igor Semianchuk
DCM Corporates
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