We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 8.00 | 0.47% | 1,704.00 | 1,704.00 | 1,704.50 | 1,715.00 | 1,700.50 | 1,703.00 | 189,246 | 10:28:30 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electric Services | 12.49B | -60.6M | -0.0555 | -306.85 | 18.61B |
From May 2021 to May 2024
By Jaime Llinares Taboada
The U.K. markets regulator said Thursday that it has dismissed appeals against new remuneration rules for the country's energy networks.
In December, energy regulator Ofgem set lower returns for power and gas network companies for 2021-2026 compared with the previous five-year period. Infrastructure companies including National Grid PLC and SSE PLC had appealed against the decision. Now, the Competition and Markets Authority in its final decision found in favor of Ofgem on the matter of the cost of equity--an important ratio that determines the profit that companies are allowed to retain on their regulated network investments.
Both National Grid and SSE said they are disappointed that the CMA didn't find in favor on the cost of equity.
However, the CMA has upheld the companies' appeals against the outperformance wedge and has instructed Ofgem to remove it. National Grid expects this decision will increase revenue from fiscal 2023 onward.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
October 28, 2021 03:09 ET (07:09 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Sse Chart |
1 Month Sse Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
