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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 Sells Gas Connections Unit to SEP Fund For GBP52.7 Million

01/09/2014 4:55pm

Dow Jones News


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U.K. utility SSE PLC (SSE.LN) said Monday it sold SSE Pipelines Ltd, an independent gas transporter, to the Environmental Capital Fund, a new fund managed by Scottish Equity Partners, for an estimated 52.7 million pounds ($87.6 million).

The disposal of the unit, which provides gas connections to new residential and commercial developments across the U.K., is part of a program of asset and business sales announced earlier this year, SSE said.

Shares were little changed after the announcement, trading one pence higher at 1,519 pence.

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

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


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