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| Name | Symbol | Market | Type |
|---|---|---|---|
| SSE PLC (PK) | USOTC:SSEZY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.61 | 2.77% | 22.62 | 22.62 | 22.70 | 22.66 | 22.37 | 22.37 | 16,649 | 17:12:45 |
From May 2021 to May 2024
By Jaime Llinares Taboada
Shares in IGas Energy PLC rose Monday in early trading after it announced a deal with SSE PLC to develop a geothermal district heating project in Stoke-on-Trent, England.
The oil-and-gas company said the memorandum of understanding grants exclusivity to both partners for a period of 12 months, with milestones including an offtake agreement for the geothermal plant.
"Deep geothermal has the potential to become a world leading industry here in the U.K., provide a stable transition away from oil and gas, and help meet the government's net zero ambitions by decarbonizing heat on a mass scale," Chief Executive Stephen Bowler said.
Shares at 0723 GMT were up 16% at 22 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
September 20, 2021 03:45 ET (07:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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