SSE Q1 trading 'slightly' exceeds expectations, FY guidance reaffirmed
21st Jul 2022 07:07
(Sharecast News) - Energy provider SSE said on Thursday that its first-quarter trading performance had "slightly exceeded" internal expectations, leading the group to reaffirm its full-year guidance for adjusted earnings per share of at least 120.0p.
Read moreSSE Q1 trading 'slightly' exceeds expectations, FY guidance reaffirmed
21st Jul 2022 07:07
(Sharecast News) - Energy provider SSE said on Thursday that its first-quarter trading performance had "slightly exceeded" internal expectations, leading the group to reaffirm its full-year guidance for adjusted earnings per share of at least 120.0p.
Read morePrime Minister not planning to extend windfall tax to electricity generators
11th Jul 2022 13:12
(Sharecast News) - Electricity generators will be spared from the government's tax net, a spokesman for the Prime Minister said.
Read moreOfgem unveils £21bn package to boost electricity networks
29th Jun 2022 12:04
(Sharecast News) - Ofgem, the energy regulator, has unveiled a £21bn package to upgrade the UK's regional electricity networks, but insisted that household bills will not rise as a result.
Read moreSSE partners with Equinor to acquire Saltend Power Station operator
28th Jun 2022 07:06
(Sharecast News) - Scottish energy firm SSE and Norwegian petroleum refining company Equinor have jointly agreed to acquire Saltend Power Station operator Triton Power Holdings from Energy Capital Partners for a total of £341.0m, shared equally between the partners.
Read moreSector movers: Miners gain on news of easing in China lockdowns, talk of trade tariff reductions
6th Jun 2022 22:45
(Sharecast News) - Shares in Industrial Metals & Mining names were among the best performers on the FTSE 350 at the start of June as UK investors reacted to news that Chinese authorities were easing Covid-19 restrictions.
Read moreJP Morgan reiterates positive stance on UK energy
26th May 2022 10:36
(Sharecast News) - JP Morgan has reiterated its positive stance on the UK energy sector, despite the likely imposition of windfall taxes.
Read moreSSE pledges £25bn infrastructure investment as FY profits rise
25th May 2022 09:18
(Sharecast News) - SSE posted a jump in full-year profit on Wednesday as it announced plans to invest £25bn in the UK and Ireland electricity infrastructure.
Read moreBerenberg upgrades SSE to 'buy'
12th May 2022 08:52
(Sharecast News) - Analysts at Berenberg upgraded energy firm SSE from 'hold' to 'buy' on Thursday, stating they now see "a buying opportunity".
Read moreFTSE 100 movers: Defensives wanted amid hawkish Fed comments
22nd Apr 2022 16:41
(Sharecast News) - Defensive issues were wanted on Friday after US Federal Reserve President, Jerome Powell, told an audience the night before that a 50 basis point interest rate hike at the 4 May policy meeting was in play.
Read moreSSE acquires renewable energy development platform from SGRE
20th Apr 2022 07:57
(Sharecast News) - Energy firm SSE has acquired Siemens Gamesa Renewable Energy's existing European renewable energy development platform for €580.0m.
Read moreUK energy firm websites crash as customers rush to get readings in
31st Mar 2022 13:23
(Sharecast News) - Britons bracing for a 54% rise in energy prices were given an extra dose of pain on Thursday as the websites of several energy suppliers crashed before they could submit readings ahead of a midnight deadline.
Read moreSSE ups earnings guidance after weather gain
29th Mar 2022 07:57
(Sharecast News) - SSE increased its earnings guidance after changes to the weather improved output from renewable energy sources.
Read moreCiti upgrades SSE to 'buy'
9th Mar 2022 10:09
(Sharecast News) - Citi upgraded SSE to 'buy' from 'neutral' on Wednesday as it said the company was well placed to benefit from any long-term acceleration of energy transition.
Read moreSSE lining up banks for £10bn network assets sales - report
25th Feb 2022 13:28
(Sharecast News) - SSE has reportedly has lined up banks to lead the sale of minority stakes in two electricity networks as it seeks funds for its green spending drive.
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