SSE Puts Renewables Under One Umbrella

OrbisEnergy tenant SSE plc is consolidating the development, operation and ownership of its renewable energy assets in the UK and Ireland under a single entity.

SSE Renewables will comprise SSE’s offshore and onshore wind projects, and flexible hydroelectricity, run-of-river hydroelectricity, and pumped storage assets that are operational or under development and construction in the UK and Ireland.

The creation of the entity is expected to result in the creation of more opportunities in different renewable energy markets, SSE said, adding that the process of early assessment of potential opportunities is already underway.

SSE Renewables will have its own management team, with Jim Smith, currently SSE’s Managing Director Generation, acting as the Managing Director Designate and leading the work being done to prepare for the formation of the new entity.

The consolidation is expected to largely be completed by the end of the current financial year. Management of and reporting in relation to the new entity is likely to begin in advance of the formal incorporation.

According to SSE, the establishment of the entity is in line with the company’s commitment, set out in its Business Update in May, to take forward a new business model that gives greater focus on core businesses including renewables.

“The creation of SSE Renewables is the latest step in our strategic goal to give greater focus to renewable energy, give investors greater visibility of assets and earnings in the future and give each of the businesses in SSE the best platform for success,” said Alistair Phillips-Davies, Chief Executive of SSE plc.

“Success will mean maximising SSE’s contribution to the ongoing decarbonisation of the electricity system and creating value for shareholders and society in a sustainable way, with a clear focus on maximising future growth opportunities.”

sourced by offshorewind.biz

Gallery

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The Team

Angela Grey

Angela Grey is the newest member of the team at OrbisEnergy and joined as Centre Coordinator in July 2017.  She brings over 20 years experience of sales and customer service.

Angela is new to offshore renewables and is eager to build a sound knowledge of the industry.

Devon Mills

Devon has joined the team at OrbisEnergy as an Administration Coordinator in November 2014 and more recently a Senior Coordinator in January 2016. Having previously worked within various customer service roles she is pleased to be able to apply her skills and knowledge to her position at OrbisEnergy.

She is keen to build a strong understanding within the Offshore Renewable industry, whilst being able to develop a good mind for business and sales.

Johnathan Reynolds

Johnathan is responsible for all aspects of business and supply chain development for the flagship innovation and incubation centre for offshore renewables in the east of England, OrbisEnergy.

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