
SP Transmission Plc, founded in 2005 and headquartered in Glasgow, Scotland, operates as a leading electricity transmission company in the UK. Its primary purpose is to deliver safe and reliable high-voltage electricity to homes and businesses, facilitating the transition to a low-carbon energy system. The company is a key player in ensuring the integrity and efficiency of the electrical network across its operational regions.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IBESM 2.00% 2031-11-13 GBPSP Transmission Plc | United Kingdom | 2031-11-13 | 2.000 | 4.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SP Transmission Plc began issuing bonds in 2005 to support its capital investment plans and infrastructure improvements. One notable issuance was the £400 million bond in 2019, which garnered significant interest and was used to finance key projects aimed at enhancing grid connectivity. Currently, the yield on their long-term bonds is competitive compared to industry standards, reflecting their strong credit rating and low risk profile. The issuance strategy includes fixed-rate bonds, which appeal to investors seeking predictable returns. Recent news highlighted the company’s ongoing commitment to sustainable investments, further enhancing its attractiveness in the green bond market.