SSE (SSE)

Sector:

Electricity Generation and Distribution

Index:

FTSE 100

1,700.50p
   
  • Change Today:
      7.50p
  • 52 Week High: 2,013.00
  • 52 Week Low: 1,463.50
  • Currency: UK Pounds
  • Shares Issued: 1,106.33m
  • Volume: 164,065
  • Market Cap: £18,813m
  • RiskGrade: 133

SSE sells 25% stake in transmission business for £1.46bn

By Frank Prenesti

Date: Friday 25 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Energy utility SSE is selling a 25% stake in its electricity transmission network business to Ontario Teachers' Pension Plan Board for £1.46bn.
The company said the deal would "unlock significant growth in both the transmission business and across the wider SSE group".

SSEN Transmission, which operates as Scottish Hydro Electric Transmission, will be chaired by SSE finance director Gregor Alexander. Ontario Teachers' will get proportional representation on the board.

The deal follows SSE's announcement in November last year to extend the partnering approach used in its renewables business to its core electricity distribution and transmission network assets as part its net zero acceleration programme.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Scottish & Southern Market Data

Currency UK Pounds
Share Price 1,700.50p
Change Today 7.50p
% Change 0.44 %
52 Week High 2,013.00
52 Week Low 1,463.50
Volume 164,065
Shares Issued 1,106.33m
Market Cap £18,813m
RiskGrade 133

Scottish & Southern Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.01% above the market average56.01% above the market average56.01% above the market average56.01% above the market average56.01% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
11.82% below the market average11.82% below the market average11.82% below the market average11.82% below the market average11.82% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income
37.70% above the market average37.70% above the market average37.70% above the market average37.70% above the market average37.70% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
10.73% above the market average10.73% above the market average10.73% above the market average10.73% above the market average10.73% above the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 15
buy
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Scottish & Southern Dividends

  Latest Previous
  Interim Final
Ex-Div 02-Jan-25 25-Jul-24
Paid 27-Feb-25 19-Sep-24
Amount 21.20p 40.00p

Trades for 13-May-2025

Time Volume / Share Price
09:36 359 @ 1,700.50p
09:36 0 @ 1,701.50p
09:35 40 @ 1,701.33p
09:34 867 @ 1,701.50p
09:34 1,849 @ 1,701.50p

Scottish & Southern Key Personnel

CEO Alistair Phillips-Davies

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