National Grid and Tennet explore offshore grid

National Grid and Dutch transmission system operator Tennet are working on plans for a multipoint interconnector that would connect offshore wind farms to both countries. The plan involves simultaneously connecting 4GW of British and Dutch offshore wind, providing an additional…

SSE shrugs off Moody’s negative outlook

SSE has shrugged off a negative outlook rating from Moody’s, which yesterday maintained SSE’s Baa1 rating but changed its outlook to negative. Moody’s cited higher than anticipated leverage and said that even £2bn of planned disposals would be insufficient to…