November 8, 2018 / 6:53 PM / 8 months ago

SSE talking to Innogy about changes to terms of energy retail tie-up

Nov 8 (Reuters) - British energy supplier SSE Plc said it was in talks with Innogy SE about potential changes to terms for the tie-up of its retail unit with Innogy’s Npower, after Britain’s regulator proposed a price cap on default energy bills.

SSE, whose deal with Innogy would create UK’s second-largest retail power provider, said it was likely that the completion of deal would be delayed beyond the first quarter of 2019.

Reporting by Noor Zainab Hussain in Bengaluru Editing by Alexandra Hudson

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below