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Share Price: 1,755.00
Bid: 1,751.00
Ask: 1,752.00
Change: 39.00 (2.27%)
Spread: 1.00 (0.057%)
Open: 1,719.00
High: 1,759.50
Low: 1,717.00
Prev. Close: 1,716.00
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SSE, Coillte secure financing for Galway Wind Park

Thu, 07th Jan 2016 08:49

LONDON, Jan 7 (Reuters) - British energy supplier SSE, in partnership with Irish firm Coillte, has securedfinancing to complete construction of Galway Wind Park, thecompanies said on Thursday.

The companies raised 176 million euros to finish Ireland'slargest wind farm, which is set to generate 169 megawatts ofpower.

The project finance was agreed with mandated lead arrangerbanks BBVA, Cooperatieve Rabobank U.A. and NORD/LB.

The wind farm is due to begin operation in the third quarterof 2017. (Reporting by Sarah McFarlane; editing by Jason Neely)

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23 Jan 2013 17:05

London close: Stocks lifted by upbeat US earnings

London's FTSE 100 finished with moderate gains on Wednesday afternoon ahead of a key vote over the potential extension of the debt ceiling Stateside, as some decent results from US bellwethers Google, McDonald's and IBM lifted sentiment across stock markets worldwide. The US House of Representative

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23 Jan 2013 14:51

FTSE 100 movers: Tullow Oil and Unilever lead the way

Tullow Oil, Unilever and Marks & Spencer were at the top of the FTSE 100 game on Wednesday. Tullow Oil led the race, a day after the company said it completed the acquisition of Spring Energy Norway AS. The group announced that the acquisition had already brought success for Tullow. Also to be had

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23 Jan 2013 13:27

STOCKS NEWS EUROPE-SSE falls as CEO departs, trades ex-dividend

Shares in Scottish & Southern Energy (SSE) shed 3.6 percent, the second biggest FTSE 100 faller, extending earlier ex-dividend falls after the multi-utility said its chief executive, Ian Marchant, had decided to step down on July 1 2013 after ten years in the job. Alistair Philips-Davies, S

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23 Jan 2013 13:25

SSE's Chief Executive to leave after 10 years

Chief Executive of SSE, Ian Marchant, is stepping down after more than 10 years in the role, the energy giant announced Wednesday. Marchant said he felt the 'time was right' to resign as he was ready for a change. Deputy Chief Executive Alistair Phillips-Davies will succeed Marchant on July 1st

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23 Jan 2013 12:21

British utility SSE says CEO Ian Marchant to step down

Jan 23 (Reuters) - British utility SSE Plc said Chief Executive Ian Marchant would step down after a decade at the helm and deputy CEO Alistair Phillips-Davies would succeed him on July 1. The company also said Finance Director Gregor Alexander would have an expanded role, supporting the CE

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23 Jan 2013 11:38

London midday: Stocks hold on to gains, but markets cautious

The mood on the stock markets was cautious on Wednesday morning as traders digested a barrage of economic announcements, corporate earnings and a key speech by David Cameron. The FTSE 100 managed to stay in positive territory after a strong start, albeit only just. UK Prime Minister David Cameron's

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23 Jan 2013 08:28

London open: Stocks rise ahead of US debt-ceiling vote

Well-received earnings from some Wall-Street heavyweights were boosting market sentiment on Wednesday morning, with London's FTSE 100 making moderate gains early on. Both Google and IBM impressed the US market late last night with better-than-expected fourth-quarter results. Markets will likely be

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21 Jan 2013 10:43

Ex-divs to take 2 points off FTSE 100 on Jan. 23

LONDON, Jan 21 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market m

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11 Jan 2013 07:01

Friday broker round-up UPDATE

Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.

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20 Dec 2012 13:54

Britain's new dash for gas will require more storage investment

* Rising import dependency requires new gas storage sites * Volatile renewable capacity creates need for flexible storage * But current market conditions fail to provide investment case * Industry calls for government incentives By John McGarrity LONDON, Dec 20 (Reuters) - Britain needs to provide m

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20 Dec 2012 00:00

UK energy firms should fully disclose power trades-MPs

LONDON, Dec 20 (Reuters) - Britain's top energy suppliers should be forced to disclose what proportion of their electricity they trade on the open market, amid concerns that firms are not doing enough to boost liquidity and competition, a group of politicians said on Thursday. Forcing energy compani

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17 Dec 2012 16:40

London close: Stocks fall as 'fiscal cliff' deadline looms

Increasing optimism surrounding budget talks between US politicians may have helped the FTSE 100 come off its intraday low, but the index was stuck firmly in negative territory with markets remaining nervous ahead of the January 1st deadline. Without a deal, the $600bn in automatic spending cuts a

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17 Dec 2012 15:23

FTSE 100 movers: Aggreko plummets on cautious outlook

Temporary power and temperature control solutions group Aggreko plummeted on Monday after giving a gloomy outlook for next year, saying that its performance would likely be lower than the 2012. Investec downgraded its rating for the stock from 'buy' to 'hold' this morning, after the company said t

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17 Dec 2012 09:36

BP sells stake in Sean gas field to SSE for 288 million dollars cash

BP has agreed to sell its interest in the Sean gas field in the UK North Sea to SSE for 288 million dollars in cash. The sale to SSE is taking place through SSE's wholly-owned subsidiary SSE E&P. The divestment comprises BP's non-operated 50% stake in Sean. Completion of the deal is anticipated dur

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25 Nov 2012 17:40

Sunday newspaper round-up: BP, Thomas Cook, RBS

BP has opened secret talks with Russia's state-owned energy giant Gazprom to help build a pipeline to bring vast quantities of gas into Britain by 2016. David Peattie, BP's director for Russia, said talks were at 'an early stage' but Financial Mail understands that David Cameron has given the thumb

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