Shares of SSE vaulted 12% higher in early London trade even as the utility announced a £2 billion equity placing. It announced a £33 billion investment plan over five years. "The new plan brings ...
TipRanks on MSN
SSE Raises £2 Billion to Fund Strategic Energy Investments
SSE ( ($GB:SSE) ) has shared an update. SSE plc has successfully completed a non-pre-emptive equity issue, raising approximately £2.0 billion ...
The company plans to spend two-thirds of that to upgrade wiring and increase high-voltage grid capacity to get power from the ...
As well as the £2bn equity raise, the plan will be funded by about £21bn of cash flow from its existing power stations and ...
SSE launches £33bn investment to modernise UK electricity networks, backed by £2bn share placing and £2bn asset sales to fund ...
Irish Examiner on MSN
SSE announces £2bn share sale as part of massive upgrade plans
Bloomberg reported last week that SSE was exploring funding options. The new investment plan “brings clarity to the balance sheet and the company’s growth outlook,” said Ahmed Farman, a European ...
SSE Thermal and Siemens Energy have launched a collaboration to deliver gas turbine technology capable of running on 100% hydrogen. The project is called Mission H2 Power, and will support the ...
28 April 2004 – Scottish and Southern Energy (SSE) has today completed the acquisition of the assets of fellow UK utility Atlantic Electric & Gas (Atlantic) from the Receivers, KPMG LLP. The total ...
SSE unveils a £33bn plan to rewire the North of Scotland, boosting green energy, power networks and creating new jobs across the.
LONDON, Nov 10 (Reuters) - Scottish & Southern Energy has put off plans to build more gas storage because of regulatory uncertainty and reduced profitability, but hopes to open its first nuclear plant ...
Nearly a quarter of the wind power generated by one of Britain’s biggest electricity companies is being wasted because of ...
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