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Evening Standard
Evening Standard
Business
Nick Forbes

Energy firm sets out £10.6bn plan to boost electricity infrastructure

Electricity SP Energy Networks Ofgem
An energy firm has set out a five-year plan to spend £10.6 billion on electricity infrastructure (Yui Mok/PA) - (PA Archive)

An energy firm has set out a £10.6 billion five-year plan that it says will lower household energy bills and help the country meet its green energy targets.

SP Energy Networks, which is a subsidiary of ScottishPower, is submitting plans to energy regulator Ofgem for the period April 2026 to March 2031, in which it is pledging to spend £10.6 billion on new and upgraded transmission infrastructure in central and southern Scotland.

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