• News (52)
    Financial Times (13 Sep 2019)

    Ovo to buy SSE retail energy business in £500m deal

    OVO ENERGY has secured a £500m deal for the UK household business of its rival SSE to turn it into Britain's second biggest energy suppliers. Completion is expected later this year or early next year as it goes through the regulatory process.

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    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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