SSE to sell 50% stake in Enterprise Telecoms for up to £380m
21st Dec 2018 11:19
(Sharecast News) - SSE has agreed to sell a 50% stake in its Enterprise Telecoms Business (SSEET) to Infracapital for up to £380m, which will be used to reduce net debt.
Read moreTuesday broker round-up
18th Dec 2018 13:51
(Sharecast News) - Intu Properties: Credit Suisse downgrades to underperform with a target price of 100p.
Read moreSSE pulls retail unit merger with Npower
17th Dec 2018 07:29
(Sharecast News) - British energy supplier SSE on Monday pulled out of its planned merger with Innogy's Npower retail unit, saying the two companies could not agree on commercial terms and "challenging" market conditions.
Read moreOfgem calls for changes from SSE Orkney link
14th Dec 2018 12:11
(Sharecast News) - The UK energy regulator has provided some constructive criticism of SSE's planned new electricity link connecting wind farms and tidal power projects on the island of Orkney.
Read moreMonday broker round-up
10th Dec 2018 13:19
(Sharecast News) - RSA: Jefferies upgrades to buy with a target price of 606p.
Read moreFTSE 100 movers: Randgold shines but Centrica, SSE hit by Deutsche note
10th Dec 2018 07:59
(Sharecast News) - London's FTSE 100 was down 0.4% to 6,750.59 in afternoon trade on Monday even as the pound sank after Theresa May confirmed that this week's parliamentary vote on her Brexit deal will be postponed.
Read moreSSE to buy other half of Seagreen Wind Energy
25th Sep 2018 08:22
(Sharecast News) - SSE announced on Tuesday that it was exercising its pre-emption right in the sale of Fluor's 50% share in Seagreen Wind Energy, established to develop offshore wind projects in the Firth of Forth Zone.
Read moreMajor gas discovery off West Shetlands for Total, Ineos, SSE
24th Sep 2018 07:56
(Sharecast News) - The exploration arm of French energy giant Total has unearthed a major gas discovery at its Glendronach site among the West Shetland islands, also giving a boost to UK partners Ineos and SSE, which each own 20%.
Read moreWednesday broker round-up
19th Sep 2018 13:13
(Sharecast News) - PureCircle: Kepler Cheuvreux downgrades to hold with a target price of 325p.
Read moreDouble upgrade for SSE as Deutsche sees buying opportunity
19th Sep 2018 09:33
(Sharecast News) - Deutsche Bank upgraded SSE to 'buy' from 'sell' on Wednesday, lifting the price target to 1,250p from 1,200p after shares tanked last week on the back of a profit warning
Read moreBoardroom veteran Martin Read to chair merged SSE-npower entity
14th Sep 2018 09:30
(Sharecast News) - SSE and npower parent innogy have appointed Dr Martin Read CBE as chairman-designate for the new independent British energy supply and services company they have agreed to form, the announced on Friday, subject to final regulatory approval.
Read moreSSE warns of half-year profits dip
12th Sep 2018 07:23
(Sharecast News) - SSE warned that first-half profits are likely to have halved compared to last year due to higher costs and lower volumes of energy being consumed, but promised that the dividend would be unaffected.
Read moreUtilities rally as in-line Ofgem price cap provides clarity
6th Sep 2018 10:18
(Sharecast News) - London-listed utilities rallied on Thursday as investors breathed a sigh of relief after Ofgem's proposed price cap came in in line with expectations, ending uncertainty for the sector.
Read moreSSE welcomes CMA's provisional findings on npower merger
30th Aug 2018 07:32
(Sharecast News) - SSE welcomed the provisional findings from the Competition and Markets Authority's inquiry into the proposed merger of its household energy and services business in Great Britain and Innogy's retail business npower on Thursday.
Read moreHousehold energy bills expected to rise in 2019 despite price cap
20th Aug 2018 09:50
(Sharecast News) - Power bills in the UK are likely to rise by £60 next year despite the introduction of a price cap by the government, according to a new analysis.
Read more