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SSE Launches Issue Of Hybrid Capital Securities
SSE Plc Says Approved Final Investment Decision For Viking Onshore Wind Farm
SSE Plc Sees £150 Mln To £250 Mln Hit To FY21 Operating Profit
SSE PLC is an energy company. The Company is engaged in the generation, transmission, distribution and supply of electricity, in the production, storage, distribution and supply of gas and in other energy services. Its segments include Electricity Transmission, Electricity Distribution, Gas Distribution, Renewables, Thermal Generation, Gas Storage, Business Energy, Airtricity, Enterprise and Energy Portfolio Management (EPM). It owns, maintains and invests in the electricity transmission network in the north of Scotland. It holds shares in Scotia Gas Networks, which operates two regulated gas distribution networks in Scotland and the South of England. It is also engaged in the generation of power from renewable sources, such as onshore and offshore windfarms and run of river and pumped storage hydro assets in the United Kingdom and Ireland. The Company engages in the storage of gas for the purpose of benefitting from market price fluctuations.
Inveralmond House, 200 Dunkeld Road
Richard D. Gillingwater
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer
Gregor Ramage Alexander
Finance Director, Executive Director
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European shares rose for a second day on Wednesday as expectations of more U.S. stimulus and hopes the global economy can bounce back from an appalling April offset fears of further lockdowns after a new COVID-19 outbreak in China.
London's FTSE 100 rose for a second straight day on Wednesday as a series of upbeat corporate earnings bolstered hopes of an economic recovery, but the index ended with a fraction of the session's gains as fears of a second wave of COVID-19 persisted.
British renewable power generator and network operator SSE Plc <SSE.L> confirmed its full-year dividend and posted a better- than-expected annual pre-tax profit on Wednesday, but warned the coronavirus crisis would dent earnings for the current financial year.
London's FTSE 100 rose for a second straight day on Wednesday as investors remained optimistic about a post-coronavirus economic recovery, with energy firm SSE Plc jumping after posting an upbeat annual profit.
Britain's SSE Plc on Wednesday posted a better- than-expected annual pre-tax profit, but warned of a hit to its profit for current year due to lower demand for electricity and related services due to the coronavirus crisis.
Britain's second largest energy supplier, OVO Energy, plans to cut 2,600 jobs and close some offices in a restructuring as the coronavirius pandemic had changed the way it engaged with consumers, it said on Tuesday.
British energy supplier SSE Plc said its renewable energy output for the first nine months of the fiscal year was behind schedule, but maintained its earnings target for the year in a trading statement on Friday.
The UK's Competition and Markets Authority (CMA) said on Thursday it would investigate whether OVO Energy's 500 million pound ($646 million) deal to buy power company SSE's <SSE.L> retail arm will lessen competition in the sector.
The UK Competition and Markets Authority (CMA) said on Thursday it was looking into whether OVO Energy's 500 million pound ($646.00 million) deal to buy power company SSE Plc's retail arm will lessen competition in the United Kingdom.
Relative newcomer OVO Energy is set to become one of Britain's Big Six energy suppliers after striking a 500 million pound ($622.65 million) deal to buy SSE's <SSE.L> retail arm, announced on Friday.
British energy provider SSE Plc said on Friday it had agreed to sell its SSE Energy Services business to OVO Energy Limited, a unit of OVO Group Limited, for an enterprise value of 500 million pounds ($617.6 million).
Power company SSE Plc <SSE.L> on Thursday reported a 1.2% dip in customer accounts and stuck to its full-year targets despite seeing a dip in the volume of renewable energy delivered in its first quarter compared to previous expectations.
British energy supplier SSE Plc plans to shut its Fiddler's Ferry coal-fired plant in northwest England by March 2020, saying the loss-making plant could not compete with more efficient gas and renewable energy options.
British energy supplier SSE Plc said on Thursday it plans to close its Fiddler's Ferry coal-fired plant in northwest England, as the UK focuses on green energy.
Energy supplier SSE Plc said on Wednesday annual earnings fell more than a third as it battled stiff competition and warned of an uncertain outlook due to the opposition Labour party's plans to nationalise Britain's energy networks.
British energy supplier SSE Plc on Wednesday missed analysts' expectations for annual profit and warned of another hit to results in 2019 as it battled stiff competition and rising costs.
SSE said on Wednesday it would cut jobs in its customer service and metering teams as the British energy company faces a perfect storm of stiff competition, higher costs and a cap on how much it can charge.
British energy company SSE Plc has approached companies including broadband provider TalkTalk Telecom Group about a deal to sell its household supply unit, Sky News reported http://bit.ly/2Lm9c2T on Saturday.
British energy company SSE Plc has approached companies including broadband provider TalkTalk Telecom Group about a deal to offload its household supply arm, Sky News reported http://bit.ly/2Lm9c2T on Saturday.
British utility SSE Plc cut its full-year profit forecast on Friday as the suspension of payments from a back-up power scheme dented income.
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