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SSE (SSE)

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maximan
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SSE (SSE)

#198113

Postby maximan » February 1st, 2019, 10:00 am

SALE OF STAKE IN STRONELAIRG AND DUNMAGLASS WINDFARMS TO GREENCOAT

SSE has entered into an agreement to sell a 49.9% stake in its Stronelairg and Dunmaglass wind farms to Greencoat UK Wind Plc ("UKW") in partnership with a major UK pension fund whose investment is managed by Greencoat Capital. The stakes equate to 160.6MW (megawatts) of capacity and the total consideration is £635m, which implies an average valuation for the two wind farms of around £4m/MW. SSE will continue to operate both assets while future development rights are in line with equity share. SSE announced in November 2018 its intention to create value through disposals of stakes in its growing portfolio of onshore and offshore wind farms, in line with its strategy to create value from development and operation, as well as ownership, of assets.
https://www.investegate.co.uk/sse-plc-- ... 10228013O/

Raptor
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Re: SSE (SSE)

#201875

Postby Raptor » February 17th, 2019, 9:14 am


daveh
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Re: SSE (SSE)

#204172

Postby daveh » February 27th, 2019, 8:33 am

SSE have been naughty and misreported FIT payments to OFGEM and have had to repay £4.07m, plus interest of £455,705 and a "fine" (sorry voluntary redress payment) of £250,000.

www.investegate.co.uk/article.aspx?id=2 ... 1863R&fe=1

and they've updated the reporting procedures so it doesn't happen again.

OLTB
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Re: SSE (SSE)

#207697

Postby OLTB » March 14th, 2019, 4:04 pm

SSE appointed by Ofgem to take on 17,000 Brilliant Energy customers:

https://af.reuters.com/article/commodit ... FL8N21163X

Cheers, OLTB.

maximan
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Re: SSE (SSE)

#208539

Postby maximan » March 19th, 2019, 7:10 am

Ofgem is minded to approve a proposal by Scottish and Southern Energy Networks (SSEN) to build a 600MW subsea electricity transmission link from Shetland to mainland Scotlan
https://www.investegate.co.uk/ofgem/rns ... 00041998T/

daveh
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Re: SSE (SSE)

#208549

Postby daveh » March 19th, 2019, 8:30 am

But not the Western Isles link unless SSE modify their proposal to give better value for customers.

dspp
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Re: SSE (SSE)

#208555

Postby dspp » March 19th, 2019, 9:11 am

daveh wrote:But not the Western Isles link unless SSE modify their proposal to give better value for customers.


There's all sorts of skullduggery associated with that Western Isles link ...... and almost as much associated with not having it !

- dspp


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