ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SSE Sse Plc

1,667.00
2.00 (0.12%)
23 Apr 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
  2.00 0.12% 1,667.00 1,667.00 1,668.00 1,683.00 1,658.00 1,683.00 3,378,973 16:29:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 12.49B -60.6M -0.0555 -300.36 18.22B

SSE Sells GBP350 Million Stake in Walney Offshore Wind Farm to Greencoat

01/09/2020 11:56am

Dow Jones News


Sse (LSE:SSE)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Sse Charts.
   By Adria Calatayud 
 

SSE PLC said Tuesday that it has agreed to sell its 25.1% stake in the Walney wind farm, offshore U.K., to Greencoat UK Wind PLC for 350 million pounds ($467.9 million)

The FTSE 100 energy company said the deal is part of a program to sell non-core assets with the intention of generating GBP2 billion by the fall of 2021. Walney--which is operated by 50.1%-owner Oersted AS--falls into that category, SSE said.

SSE said this program will support its GBP7.5 billion five-year capital expenditure plans to invest in core strategic assets as part of its transition to net zero emissions.

Greencoat UK Wind, a London-listed renewable infrastructure fund, separately said Walney is a natural addition to its portfolio of operating U.K. wind farms and increases its net generating capacity to over 1 gigawatt for the first time.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

September 01, 2020 06:41 ET (10:41 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Sse Chart

1 Year Sse Chart

1 Month Sse Chart

1 Month Sse Chart

Your Recent History

Delayed Upgrade Clock