Sse

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The Scottish National Investment Bank has invested £20 million in Renewco Power, a Glasgow-headquartered renewable energy developer, via a fund managed by Corran Capital, a specialist private equity firm focused on clean energy and the environment. The bank joins existing investor, SSE plc, wh

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SSE plc has named Martin Pibworth as its next chief executive, succeeding Alistair Phillips-Davies. Mr Pibworth, currently SSE's chief commercial officer and a board member since 2017, will formally assume the CEO role after the company's annual general meeting (AGM) on 17 July 2025. He joined SSE i

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Energy giant SSE has posted an adjusted operating profit of £2.4 billion, down 4% from the previous year, in its annual results for the 2023/24 fiscal year.

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SSE plc has published details of its 2023/24 interim results and announced a £2.5 billion increase to its existing five-year investment programme, expecting £20.5bn of investment to 2027 compared to £18bn previously.

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SSE has reached agreement to sell a 25% minority stake in its electricity transmission network business, SSEN Transmission, to Ontario Teachers’ Pension Plan board in a transaction valued at £1.465 billion. The energy giant says the deal will help unlock significant growth in both the tr

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Perth-headquartered energy firm SSE has warned it will have to reconsider its renewables investments after the UK government's newly announced 45% windfall tax. The levy on low carbon electricity generators was unveiled in last week's Autumn Statement with the aim to raise £14 billion in

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Perth-based energy company SSE has reported a 221% jump in adjusted pre-tax profits year on year in the six months to the end of September reaching £559 million as energy prices across the UK continued to increase this year. Energy firms have increasingly come under fire from the British publi

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SSE Plc is today completing the sale of SSE Energy Services Group Limited, its household energy and services business in the UK, to OVO Energy Limited for £500 million.

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The Competition and Markets Authority (CMA) has approved the proposed £500 million sale of SSE's Energy Services to Ovo. In October, the CMA launched an enquiry into the £300m purchase of the retail arm of SSE after the firm announced its intention to buy SSE the month prior.

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