• News (190)
    Financial Times (12 Aug 2019)

    SSE in talks with Ovo over sale of UK energy business

    SSE is looking to sell its UK energy supply business to OVO. A deal to spin off its domestic business with NPOWER fell through last year. The acquisition would make Ovo the second largest electricity and gas supplier in the UK. SSE wants to concentrate its efforts of developing renewable energy and its regulated networks business. 

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    City AM (17 Dec 2018)

    SSE abandons takeover of rival energy provider Npower as government price cap takes its toll

    SSE will no longer be merging with NPOWER after they were unable to reach an agreement on 'revised commercial terms'. SSE will now explore other options for offloading its energy services arm which could include separating it from the main business as a standalone.

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