Independent Scotland poses investment risk says SSE

The firm said it had no desire to get into political debates, and that its existing planned investments would not be affected, but that new investments would have to price in the risk of regulatory and policy changes resulting from Scotland ceasing to be part of the United Kingdom.

“All investments have to be adequately remunerated and additional uncertainty about key issues such as regulation and legislation makes decision-making in long-term business more difficult,” SSE said in a statement.

“The additional risk of regulatory and legislative change does not mean that SSE will not invest in projects in Scotland while its future is being determined,” said the company. “It does mean, however, that the additional uncertainty represents increased risk, of which SSE will have no alternative but to take account in making final investment decisions on those projects while that additional uncertainty remains.”

Any premium for risk could mean higher bills for SSE customers.