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Sale of SSE Energy Services to Ovo Energy

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idpickering
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Sale of SSE Energy Services to Ovo Energy

#277511

Postby idpickering » January 15th, 2020, 7:11 am


funduffer
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Re: Sale of SSE Energy Services to Ovo Energy

#277524

Postby funduffer » January 15th, 2020, 8:31 am

The £500M received will be used to pay down SSE's debt, so no special dividend or return of capital unfortunately.

Still, it probably helps the sustainability of the dividend for now.

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Re: Sale of SSE Energy Services to Ovo Energy

#277716

Postby moorfield » January 15th, 2020, 8:18 pm

funduffer wrote:
Still, it probably helps the sustainability of the dividend for now.


Well I should certainly hope so, having just cut it ...

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Re: Sale of SSE Energy Services to Ovo Energy

#277758

Postby Horsey » January 16th, 2020, 6:58 am

moorfield wrote:
funduffer wrote:
Still, it probably helps the sustainability of the dividend for now.


Well I should certainly hope so, having just cut it ...


I think you mean "re-based" ;)


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