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| 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 |
From May 2021 to May 2024
By Anthony O. Goriainoff
SSE PLC said Thursday that it will invest almost 50 million pounds ($68.8 million) to extend operations at its Tummel Bridge hydro-electric power plant in Scotland for a further 40 years.
The FTSE 100 energy company said its subsidiary SSE Renewables will start refurbishing work in spring 2022, and that it expects works--which will support up to 65 construction jobs--to be completed in late 2023.
"By replacing the existing turbines at Tummel Bridge with a modern, efficient plant, we will be able to safely extend the operational life of the station by at least 40 years, meaning Tummel Bridge will be part of our future net-zero power system," the company said.
Shares at 1002 GMT were down 7 pence, or 0.4%, at 1,638.50 pence.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
August 26, 2021 06:40 ET (10:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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