SSE completes sale of retail unit to OVO Energy for £500m

The deal makes OVO one of the biggest suppliers in Britain, now serving almost five million customers

Competition watchdog approves OVO Energy’s £500m SSE deal

The acquisition is expected to be completed in January 2020

Electricity pylon
SSE and National Grid move offshore to protect against nationalisation plans

The precaution would not prevent the companies from being taken over by a Labour Government but could help to protect investors

UK ‘can get to net zero by 2050 but government must step up ambition’

That’s the call from SSE Chief Executive Alistair Phillips-Davies, who spoke on Radio 4’s Today Programme this morning

Competition watchdog investigates £500m OVO Energy and SSE deal

The Competition and Markets Authority is inviting comments from interested parties until 6th November 2019

SSE unleashes new free EV tariff

The supplier says the deal offers the equivalent of 8,000 miles free a year

SSE to sell retail arm to OVO Energy in £500m deal

The deal, once approved, will make OVO the second largest energy supplier in the UK

SSE recruits next generation of energy workers with 100 new apprentices

The energy giant says they will be trained up to tackle climate change across a variety of roles within the organisation

SSE to cut energy prices in line with Ofgem’s cap

However, some very low energy usage customers may see an increase on their bills

SSE in talks over sale of UK retail energy business to OVO

If the deal is reached, OVO will become one of the largest energy companies in the country