Scottish and Southern Energy
Inveralmond House, 200 Dunkeld Road, Perth, Perthshire, PH1 3AQ, United Kingdom
Overview
SSE’s purpose is to responsibly provide the energy and related services needed now and in the future. It aims to be a leading provider of energy and related services in a low-carbon world. Its strategy is to create value for shareholders and society from developing, owning and operating energy and related infrastructure and services in a sustainable way. These are the four pillars of the SSE strategy. Delivery of this strategy is dependent on the shared talent, skills and values of people throughout SSE.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 0
Sector focus
- Electronics
- Energy
- Oil and Gas
- Renewable Energy
- Retail
- Wholesale
Investment portfolio
- Renewco Power
Participated · Equity · Dec 2025
Founded in 2021, Renewco Power develops, owns and operates utility-scale clean energy assets spanning solar PV, onshore wind, battery storage and green hydrogen. Headquartered in Glasgow, the company has built a diversified development pipeline exceeding 7 GW in its core markets of the UK, Spain and Italy. Management plans to convert this pipeline into 2 GW of ready-to-build renewable capacity by 2030, positioning the firm as a significant contributor to Europe’s net-zero transition. Renewco’s strategy focuses on originating and advancing greenfield projects and then bringing them to financial close or operation. The company emphasizes Scotland as a priority geography, leveraging local resources and policy support to accelerate deployment. Current funding supports project development rather than commercial operations revenue, and no specific revenue or user metrics were disclosed in the article.
- Aquamarine Power
Participated · Equity · Nov 2010
Aquamarine Power develops the Oyster technology, a nearshore wave-energy device that captures energy from waves and converts it into electricity. The company is using new funding to continue development of Oyster and advance commercialization plans. It operates a 2.4MW Oyster array at the European Marine Energy Centre (EMEC) in Orkney. Management aims to reach commercialization by 2014, supported by investor commitments. The company is led by CEO Martin McAdam and is based in Edinburgh, Scotland. Recent financing activity includes both equity-style funding and a prior loan to support project completion. Aquamarine Power develops the Oyster wave power technology to capture energy in nearshore waves and convert it into clean, sustainable electricity. The company is based in Edinburgh, UK. It intends to use the new capital to commercialize Oyster. Aquamarine received an £11m equity financing to support that commercialization. The financing includes strategic participation from ABB Technology Ventures and existing shareholder Scottish and Southern Energy (SSE) Venture Capital. Through the ABB agreement Aquamarine will access ABB’s technical, research and engineering expertise and its global supply chain network.
Team
No current team members are available.