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SSE Sse Plc

1,709.50
13.50 (0.80%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sse Plc LSE:SSE London Ordinary Share GB0007908733 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  13.50 0.80% 1,709.50 1,714.00 1,715.00 1,730.00 1,699.00 1,703.00 2,143,096 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 12.49B -60.6M -0.0555 -309.01 18.74B

SSE Secures 4.41GW of 1-Year Capacity Agreements in UK Auction

19/12/2014 9:01am

Dow Jones News


Sse (LSE:SSE)
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LONDON--SSE PLC (SSE.LN) said Friday it secured a total of 4.41 gigawatts of one-year capacity agreements starting in October 2018 in a U.K. government auction.

The capacity which has secured an agreement includes 849 megawatts of hydro-electric and pumped-storage plant, 2.27 gigawatts of gas-fired plant, and 1.29 gigawatts of coal-fired plant, SSE said.

The agreements were priced at GBP19.40 per kilowatt.

De-rated capacity totalling 2.8 gigawatts didn't secure an agreement, including Abernedd, Ferrybridge, Peterhead, and one unit at Fiddler's Ferry.

Shares at 0830 GMT traded 29 pence or 1.8% lower at 1,617 pence.

Write to Ed Ballard at ed.ballard@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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