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Pin to quick picksSSE Share News (SSE)

Share Price Information for SSE (SSE)

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Share Price: 1,863.50
Bid: 1,857.00
Ask: 1,857.50
Change: 1.50 (0.08%)
Spread: 0.50 (0.027%)
Open: 1,862.00
High: 1,867.00
Low: 1,853.50
Prev. Close: 1,862.00
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Greencoat Renewables To Acquire Wind Farm Assets For EUR136.1 Million

Tue, 11th Sep 2018 13:14

LONDON (Alliance News) - Greencoat Renewables PLC said Tuesday it agreed to acquire the majority of Coillte's shareholding in its portfolio of operating wind generation assets for EUR136.1 million.

Greencoat will buy the full 50% stake Coillte holds in Raheenleagh, Cloosh Valley, and Castlepook wind farms and a 25% stake in Sliabh Bawn in which Coillte will retain a 25% ownership. All the wind farms are located in Ireland.

The four wind farms come with a long-term fixed rate financing and have a net enterprise value of EUR281 million, Greencoat said. The buy is expected to complete in November.

Coillte joint venture partners - SSE PLC, ESB Group and Bord Na Mona PLC - will remain partners in their respective wind farms.

"The investments total a net generating capacity of 105.1 megawatts, taking Greencoat Renewables' total installed capacity to 299 megawatts," the company said.

Greencoat shares were trading down 0.2% at EUR1.046 each.

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17 Nov 2022 13:01

UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,555) a year from April after he reined in the scale of support for gas and electricity, but kept a price cap until 2024.

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17 Nov 2022 12:52

Sterling, UK bond prices edge lower as Hunt outlines tough budget

LONDON, Nov 17 (Reuters) - Sterling and government bond prices fell on Thursday after British finance minister Jeremy Hunt announced a string of tax increases and tighter public spending in a tough budget plan.

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17 Nov 2022 12:42

Energy firms resilient as Hunt announces new windfall taxes

(Sharecast News) - Shares in energy firms initially slumped on Thursday after Chancellor Jeremy Hunt outlined new windfall taxes in his Autumn Statement, but prices quickly recovered.

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17 Nov 2022 12:28

UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,554.70) a year from April after he reined in his predecessor's vast support package for gas and electricity bills.

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17 Nov 2022 12:17

Britain's Hunt sets out plans to reduce energy consumption by 15% by 2030

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money.

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17 Nov 2022 11:48

UK's Hunt increases energy windfall tax

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a hole in the public finances.

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16 Nov 2022 09:45

TOP NEWS: SSE swings to interim loss on costs despite big revenue jump

(Alliance News) - SSE PLC on Wednesday said it swung to a pretax loss in the six months that ended September 30, as the Perth, Scotland-based electricity provider saw its cost of sales soar.

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16 Nov 2022 09:01

LONDON MARKET OPEN: Sterling firms after record UK inflation print

(Alliance News) - Stocks in London were mixed at the open on Wednesday, but the pound was getting support, following a hotter-than-expected inflation reading from the UK.

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16 Nov 2022 07:55

LONDON BRIEFING: SSE swings to interim loss despite 60% revenue rise

(Alliance News) - Stocks in London are called lower on Wednesday, following a hotter-than-expected inflation reading for the UK and a day before UK Chancellor Jeremy Hunt unveils his autumn budget.

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16 Nov 2022 07:04

SSE swings to H1 loss in volatile trading environment

(Sharecast News) - UK energy provider SSE swung to an interim loss on a reported basis in the face of what it called "unprecedented" market volatility as gas storage earnings driven by soaring prices offset weaker earnings from renewables.

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15 Nov 2022 21:08

U.S. stocks bob and weave, end higher

Main U.S. indexes end higher: Nasdaq leads

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15 Nov 2022 19:26

Walmart gives bright start to retail results this week

Main U.S. indexes advance: Nasdaq up ~1.6%

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15 Nov 2022 17:58

JPM warns recession risks persist despite market euphoria

Main U.S. indexes advance: Nasdaq up ~2.1%

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Watch out what the VIX says after CPI, PPI data

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15 Nov 2022 16:48

First the downshift, then the pause, then the pivot, then the party

Main U.S. indexes advance: Nasdaq up ~2.5%

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