Announcement • Jun 12
SSE plc, Annual General Meeting, Jul 16, 2026 SSE plc, Annual General Meeting, Jul 16, 2026. Location: the perth concert hall, mill street, ph1 5hz, perth United Kingdom Announcement • Nov 13
SSE plc has completed a Follow-on Equity Offering in the amount of £6.956511 million. SSE plc has completed a Follow-on Equity Offering in the amount of £6.956511 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 339,342
Price\Range: £20.5
Transaction Features: Regulation S Announcement • Aug 29
SSE plc Approves Final Dividend for the Year Ended March 31, 2025, Payable on September 18, 2025 SSE plc announced on 27 August 2025 that a total of 23,080 shareholders have elected to receive the final dividend for the year ended 31 March 2025 of 43 pence per ordinary share in respect of 58,951,063 ordinary shares in the form of Scrip dividend. This will result in a reduction in final dividend cash funding of £25,348,957. The overall Scrip dividend take-up for the financial year ended 31 March 2025 was 9.7%, which is under the cap of 25%; as a result, no buy-back to limit scrip dilution will be implemented. A total of 1,369,268 new ordinary shares, fully paid, will be issued on 18 September 2025, representing an increase of 0.12% on the issued share capital (excluding treasury shares) on the dividend record date of 25 July 2025. The relevant Scrip Reference Share Price was 1,849 pence per ordinary share. Announcement • Jul 18
SSE plc Announces Board Committee Changes The Board of SSE plc, on the Nomination Committee's recommendation, approved the following changes to its Committees, effective after the AGM. Hixonia Nyasulu, as previously announced, became a member of the Audit Committee and Safety, Sustainability, Health, and Environment Advisory Committee (SSHEAC). Dame Angela Strank, as previously announced in the Annual Report 2025, became Chair of the SSHEAC. Martin Pibworth stepped down from the SSHEAC and Energy Markets Risk Committee. Tony Cocker stepped down from the SSHEAC. Announcement • Mar 29
SSE plc, Annual General Meeting, Jul 17, 2025 SSE plc, Annual General Meeting, Jul 17, 2025. Announcement • Nov 02
SSE plc Appoints Hixonia Nyasulu as an Independent Non-Executive Director and Senior Independent Director on 1 January 2025 Anglo American plc announced that Hixonia Nyasulu, an independent non-executive director of the company, will be appointed as an independent non-executive director and senior independent director (SID) designate of SSE plc (SSE) on 1 January 2025. Ms. Nyasulu is expected to assume the role of SID of SSE from 18 July 2025. Announcement • Nov 01
SSE plc Announces Resignation of Helen Mahy as Senior Independent Director, Effective of 18 July 2025 The Board of SSE plc announced resignation of Helen Mahy as Senior Independent Director (SID) effective of 18 July 2025. Helen first joined the SSE Board on 1 March 2016, therefore this transition represents a time-limited extension to her tenure, and has been agreed to ensure a smooth SID succession process for Hixonia and the Board. Helen will now step down from the Board on17 July 2025, the expected date of SSE's Annual General Meeting 2025, and will not stand for re-election. Following completion of the above succession plan on 18 July 2025,the Board of SSE plc will comprise the Chair, three Executive Directors and eight independent non-Executive Directors; and will comprise seven men and five women. Each Director of SSE plc is subject to annual re-appointment and Hixonia's appointment to the Board from 1 January 2025 will be the subject of a resolution at the Company's Annual General Meeting 2025. Announcement • Oct 02
SSE plc (LSE:SSE) commences an Equity Buyback Plan for 109,345,335 shares, representing 10% of its issued share capital, under the authorization approved on July 18, 2024. SSE plc (LSE:SSE) commences share repurchases on September 30, 2024 under the program mandated by the shareholders in the Annual General Meeting held on July 18, 2024. As per the mandate, the company is authorized to repurchase up to 109,345,335 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.5 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled, sold for cash or used to meet the company’s obligations under its employee share schemes. The authority shall expire at the earlier of the conclusion of the 2025 Annual General Meeting and close of business on September 30, 2025. As of May 21, 2024, the company had 1,096,239,455 ordinary shares in issue and 2,786,105 ordinary shares in treasury. Announcement • Aug 09
SSE plc to Report First Half, 2025 Results on Nov 13, 2024 SSE plc announced that they will report first half, 2025 results on Nov 13, 2024 Announcement • May 25
SSE plc Announces Final Dividend for the Year Ended 31 March 2024, Payable on 19 September 2024 SSE plc announced final dividend of 40 pence per ordinary share for the year ended 31 March 2024. Dividend payable on 19 September 2024, record date of 26 July 2024 and ex-dividend date of 25 July 2024. Announcement • Mar 23
SSE Thermal Appoints Finlay McCutcheon as the New Managing Director SSE has announced the appointment of Finlay McCutcheon as the new Managing Director of SSE Thermal. Finlay will be responsible for driving the strategy, performance and development of the company's flexible power generation and energy storage activities in the UK and Ireland, including the delivery of SSE's new low-carbon hydrogen and carbon capture projects. Finlay will commence his new role in May 2024 and will become part of the Group Executive Committee during the course of the summer. He will report to Martin Pibworth, SSE's Chief Commercial Officer and Board member. Finlay is currently Director of Onshore Renewables (Europe) at SSE Renewables, where he has been responsible for the development, construction, and operation of all of SSE's Onshore Wind, Hydro, Pumped Storage, and Solar and Battery investments across Europe. Prior to that he has held several senior roles within SSE, including as Managing Director of SSE's Energy Portfolio Management division (now Energy Markets) and as Director of SSE Business Energy. After graduating from the University of Edinburgh, Finlay worked as a Corporate & Commercial lawyer, before joining SSE in 2010. Finlay joins SSE Thermal following a period of strong performance with the company's existing assets playing a key role in recent years supporting the electricity systems in both the UK and Ireland. SSE Thermal has a growing portfolio of low-carbon growth options, with development work progressing on carbon capture projects at Keadby and Peterhead, sustainable biofuels in Ireland and hydrogen projects across the value chain of production, storage and power generation. The company has recently announced plans for a new hydrogen-ready power station at Keadby. Announcement • Oct 05
SSE plc Announces Directorate Change SSE plc announced that Helen Mahy, current non-Executive Director having served on the Board since March 2016, has been appointed as Senior Independent Director from 1 November 2023. Helen succeeds Tony Cocker who will remain on the Board as an independent non-Executive Director. Outside of the above change, Helen will remain Chair of SSE's Safety, Sustainability, Health and Environment Advisory Committee, and a member of SSE's Nomination Committee and Audit Committee. Tony will remain Chair of SSE's Energy Markets Risk Committee and a member of SSE's Nomination Committee, Audit Committee, and Safety, Sustainability, Health and Environment Advisory Committee. Announcement • May 26
SSE plc Announces Final Dividend for the Year Ending 31 March 2023, Payable 21 September 2023 SSE plc announces its timetable in relation to the final dividend of 67.7 penceper ordinary share for the year ending 31 March 2023. 27 July 2023 Ex-dividend date. 28 July 2023. 28 July 2023 Record date. 21 September 2023: Cash dividend payment date. Announcement • Feb 14
SSE plc Declares Interim Dividend for the Year ended 31 March 2023 SSE plc notified on 13 February 2023 that a total of 25,835 shareholders have elected to receive the interim dividend for the year ended 31 March 2023 of 0.29 pence per ordinary share in respect of 548,180,093 ordinary shares in the form of Scrip dividend. This will result in a reduction in interim dividend cash funding of £158,972,227. A total of 9,413,103 new ordinary shares, fully paid, will be issued on 9 March 2023, representing an increase of 0.87% on the issued share capital (excluding treasury shares) on the dividend record date of 13 January 2023. The relevant Scrip Reference Share Price was 1,689 pence per ordinary share. Announcement • Dec 15
SSE Appoints Catherine Raw to Executive Committee SSE announced that Catherine Raw, Managing Director of SSE Thermal, will join its Group Executive Committee, effective from January 2023. Catherine is responsible for the strategy, performance and development of the company's flexible power generation and energy storage activities. She joined SSE in April 2022 following being both Chief Operating Officer for North America and Chief Financial Officer for international metals and mining firm, Barrick Gold. Prior to this she worked at Blackrock as a managing director and fund manager. Catherine has a wealth of expertise in operational and financial performance, commodity markets and investment management. She holds an MA in Natural Sciences from Downing College, University of Cambridge, an MSc in Mineral Project Appraisal from Imperial College London and is a CFA charterholder. In her first year at the company Catherine has also helped progress SSE Thermal's decarbonisation plans, driving forward a number of key options for power generation and energy storage activities using CCS and hydrogen technologies. Announcement • Nov 26
Ontario Teachers' Pension Plan Board has reached agreement to acquire a 25% stake in Scottish Hydro Electric Transmission plc from SSE plc (LSE:SSE) for £1.5 billion. Ontario Teachers' Pension Plan Board has reached agreement to acquire a 25% stake in Scottish Hydro Electric Transmission plc from SSE plc (LSE:SSE) for £1.5 billion on November 25, 2022. The sale of a minority stake will allow SSE as the majority shareholder to retain control in relation to operating and managing the business, with Ontario Teachers' to be proportionately represented on SSEN Transmission's Board of Directors. SSE's Finance Director Gregor Alexander will be Chair of this new Board and Rob McDonald will continue in his role as Managing Director for SSEN Transmission, along with other key members of SSEN Transmission's Leadership Team. The Transaction does not require SSE shareholders' approval. The transaction is expected to complete shortly. Morgan Stanley and Rothschild and Co acted as financial advisors and Freshfields Bruckhaus Deringer LLP acted as legal adviser to SSE. Evercore acted as financial adviser and Linklaters LLP acted as legal adviser to Ontario Teachers. Announcement • Oct 05
SSE plc (LSE:SSE) announces an Equity Buyback for 106,767,170 shares, representing 10% of its issued share capital, under the authorization approved on July 21, 2022. SSE plc (LSE:SSE) commences share repurchases on October 3, 2022, under the program mandated by the shareholders in the Annual General Meeting held on July 21, 2022. As per the mandate, the company is authorized to repurchase up to 106,767,170 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.5 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled, sold for cash or used to meet the company’s obligations under its employee share schemes. The authority shall expire at the earlier of the conclusion of the 2023 Annual General Meeting and close of business on September 30, 2023. As of May 24, 2022, the company had 1,067,671,700 ordinary shares in issue and 5,465,076 ordinary shares in treasury.
On September 28, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,904,083 shares for £125 million through its broker in 2 phases. The first half of the program will be executed by Morgan Stanley and the second half will be executed by Credit Suisse. The end date for the program will be the earlier of when one of these parameters is met, or December 31, 2022. Announcement • Jun 29
SSE plc (LSE:SSE) and Equinor ASA (OB:EQNR) entered into an agreement to acquire Triton Power Holdings Ltd from Energy Capital Partners for a total consideration of £340 million. SSE plc (LSE:SSE) and Equinor ASA (OB:EQNR) entered into an agreement to acquire Triton Power Holdings Ltd from Energy Capital Partners for a total consideration of £340 million on June 28, 2022. Once the transaction is complete, Equinor and SSE Thermal will own Triton Power through a 50:50 joint venture. The 82 existing employees of Triton Power will be employed by the joint venture. The transaction is expected to complete in September and subject to approval from UK National Security Filing and EU Merger Control. Announcement • May 28
Sse plc Announces Final Dividend for the Year Ending March 31, 2022, Payable on September 22, 2022 SSE plc announced its timetable in relation to the final dividend of 60.2 pence per ordinary share for the year ending 31 March 2022. Ex-dividend date is July 28, 2022. Record date is July 29, 2022. Cash dividend payment date is September 22, 2022. Announcement • May 26
Sse plc Appoints John Bason as Non-Executive Director, Effective from June 1, 2022 Bloomsbury Publishing Plc confirms that John Bason, a Non-Executive Director on the Board, has been appointed as a Non-Executive Director of SSE Plc, with effect from June 1, 2022. Announcement • Feb 17
SSE plc Announces Interim Dividend for the Year Ended 31 March 2022 SSE plc was notified on 15 February 2022 that a total of 26,301 shareholders have elected to receive the interim dividend for the year ended 31 March 2022 of 25.5 pence per ordinary share in respect of 110,505,847 ordinary shares in the form of Scrip dividend. This will result in a reduction in interim dividend cash funding of £28,178,991. A total of 1,782,473 new ordinary shares, fully paid, will be issued on 10 March 2022, representing an increase of 0.17% on the issued share capital (excluding treasury shares) on the dividend record date of 14 January 2022. Announcement • Dec 07
Elliott Renews Push to Break Up SSE Plc On December 7, 2021, Elliott Investment Management has renewed its push to get SSE Plc to split off its renewables business into a separate unit, a move the activist investor says would create 5 billion pounds ($6.6 billion) of value. In a letter sent to the Company Chairman John Manzoni, Elliott said the company had failed to provide a convincing explanation for why it’s not pursuing a listing for its renewables division, according to a statement. Elliott said the Company is missing out on value and urged the Company to provide a detailed and credible plan to address its concerns. SSE made clear at a strategy announcement last month that it would not be breaking itself up, saying such a move would lead to 95 million pounds a year of lost value. The Company announced a dividend cut from 2024 to fund a 12.5-billion-pound increase in spending for net-zero infrastructure over the next five years. Announcement • Sep 21
SSE Declares No Plans to Break Up SSE plc (LSE:SSE) said that no decision has been made to split the company after speculation that activist investor Elliott Investment Management is pushing to break up the utility. “There has been no decision to break up the SSE Group,” the company said in a statement. “SSE’s strategic focus is on renewables and regulated electricity networks”. SSE’s Chief Executive Officer, Alistair Phillip-Davies has been involved in emergency talks with the business minister Kwasi Kwarteng over the weekend to discuss how to help the customers of companies in trouble. Elliott has been building a position in SSE and is said to be putting pressure on SSE management to split its renewables and networks businesses to create two separate companies that would get a higher value. The firm could be nearing that threshold now, the bank calculates. The next update will be at the company’s half year results in November 2021, SSE said. Announcement • Sep 20
SSE Reportedly Close to Being Split Up After Activist Campaign SSE plc (LSE:SSE) is close to being split into two separate blue-chip companies following pressure from a Wall Street activist. The Daily Telegraph has learnt that SSE, chaired by former civil service head Sir John Manzoni, could announce the plans in the coming weeks at the company's interim results. Insiders cautioned that the split was yet to be finalised and the board could still decide to sell to one of the businesses to private equity or scrap the plans altogether. Activist investor Elliott Advisors is understood to have amassed a stake worth more than £500m in SSE, making it a top five shareholder. Elliott is believed to have convinced SSE's board of the merits of a separate listing that would allow the new entity to raise capital for investors to fund its expansion. A spokesman for SSE said: "We do not comment on market speculation. SSE intends to update in November 2021". Announcement • Sep 15
Elliott Management Demands the Break-Up of SSE Plc On September 15, 2021, SSE Plc has come under pressure to break up its business from activist investor Elliott Management. Elliott Management has taken a stake in the Perth firm and is leaning on management to split its renewable energy arm from its electricity business. Announcement • Aug 20
SSE plc (LSE:SSE) acquired 50MW Battery Storage Asset of Harmony Energy Ltd from Harmony Energy Ltd. SSE plc (LSE:SSE) acquired 50MW Battery Storage Asset of Harmony Energy Ltd from Harmony Energy Ltd on August 18, 2021.
SSE plc (LSE:SSE) competed the acquisition of 50MW Battery Storage Asset of Harmony Energy Ltd from Harmony Energy Ltd on August 18, 2021. Announcement • May 27
SSE plc Recommends Final Dividend for the Year Ended March 31, 2021, Payable on 23 September 2021 SSE plc announced that it has recommend a final dividend of 56.6 pence per share for the year ended March 31, 2021 and the payment on 23 September 2021, representing an average annual RPI rate of 1.2%, making a full-year dividend of 81.0 pence per share. Ex-dividend date is 29 July 2021 and Record date is 30 July 2021. Announcement • Mar 11
SSE plc Announces Retirement of Richard Gillingwater as the Chair and Director of the Board, Effective March 31, 2021 SSE plc announced the retirement of Richard Gillingwater as the Chair and as a director of the Board effective March 31, 2021. Announcement • Jan 09
European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd completed the acquisition of 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE). European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd entered into an agreement to acquire 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE) for approximately £1 billion on October 13, 2020. The consideration will be paid in cash. The transaction is subject to regulatory approval and antitrust approval by the European Commission. The transaction is expected to complete by late 2020. The proceeds of these disposals will support SSE's plans to invest £7.5 billion in low-carbon energy infrastructure over the next five years, helping the UK to reach net-zero carbon emissions, as well as reduce SSE's net debt. The transaction is expected to be completed late in 2020, with the final closing date set as March 31, 2021. Barclays PLC (LSE:BARC) and Morgan Stanley (NYSE:MS) acted as joint financial advisors to SSE while Freshfields Bruckhaus Deringer LLP acted as legal advisor to SSE. Morgan Stanley acted as a Corporate Broker to SSE. Jefferies LLC acted as a financial advisor to First Sentier Investors (Australia) IM Ltd. Conrad Andersen and Brendan Moylan of Latham & Watkins LLP acted as legal advisors to First Sentier Investors IM Ltd.
European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd completed the acquisition of 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE) on January 7, 2021. The transaction has been approved by European Commission. Announcement • Dec 23
RockRose Energy PLC agreed to acquire an unknown stake in Portfolio of gas exploration and production (E&P) assets in three regions in the North Sea from SSE plc (LSE:SSE) for £120 million. RockRose Energy PLC agreed to acquire an unknown stake in Portfolio of gas exploration and production (E&P) assets in three regions in the North Sea from SSE plc (LSE:SSE) for £120 million on December 22, 2020. Consideration includes £25 million in cash, with the remainder, adjusted for leakage, forming a vendor loan (repayable three years from completion accruing interest at 7.125%). Additional consideration of up to £40 million is payable if the gas price in H2 2021 reaches agreed thresholds; and up to $0.75 (£0.56) million per Bcf if the Glendronach prospect, in the Greater Laggan Area, successfully produces. Transaction is subject to regulatory approval and partner consent. There is currently expected to be a small gain on sale, which will be part of SSE's reported results. Bank of America Merrill Lynch International Limited acted as financial advisor and CMS acted as legal advisor to SSE plc. Announcement • Nov 21
SSE plc to Report Q3, 2021 Results on Feb 02, 2021 SSE plc announced that they will report Q3, 2021 results on Feb 02, 2021 Announcement • Oct 16
SSE plc Promotes Martin Pibworth to Its Newly Created Role of Group Energy and Commercial Director Effective 1 November 2020 The Board of SSE plc confirms that Martin Pibworth has been promoted to the newly created role of Group Energy and Commercial Director effective 1 November 2020. Martin has served on the Board of SSE since September 2017, most recently as Energy Director. Martin will be accountable for identifying and delivering on growth opportunities across all of SSE's market businesses. He will be aided in this by the recent expansion of SSE's Energy Portfolio Management (EPMI) division, which now benefits from enhanced commercial analytics capability and market insights following the addition of SSE's Energy Economics and Markets Codes teams. SSE Enterprise, led by Enterprise MD Neil Kirkby and comprising distributed energy including solar and storage, will now report into Martin. Martin will retain his existing responsibilities for SSE Renewables, SSE Thermal, EPMI and Energy Customer Solutions. In addition, he will now have Group-level responsibility for driving commercial market risk activities for all SSE's non-networks businesses. Group level risk activities related to the wider company will continue to be overseen by the Finance Director, Gregor Alexander. The promotion recognises Martin's strong contribution to the Group over many years and is a natural expansion of his previous role, bringing together a complementary group of market and customer-facing businesses under his leadership. Announcement • Oct 15
European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd entered into an agreement to acquire 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE) for approximately £1 billion. European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd entered into an agreement to acquire 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE) for approximately £1 billion on October 13, 2020. The consideration will be paid in cash. The transaction is subject to regulatory approval and antitrust approval by the European Commission. The transaction is expected to complete by late 2020. The proceeds of these disposals will support SSE's plans to invest £7.5 billion in low-carbon energy infrastructure over the next five years, helping the UK to reach net-zero carbon emissions, as well as reduce SSE's net debt. The transaction is expected to be completed late in 2020, with the final closing date set as March 31, 2021. Barclays PLC (LSE:BARC) and Morgan Stanley (NYSE:MS) acted as joint financial advisors to SSE while Freshfields Bruckhaus Deringer LLP acted as legal advisor to SSE. Morgan Stanley acted as a Corporate Broker to SSE. Jefferies LLC acted as a financial advisor to First Sentier Investors (Australia) IM Ltd. Announcement • Oct 04
SSE plc Provides Earnings Guidance for the Fiscal 2021 SSE plc provided earnings guidance for the fiscal 2021. As set out in its Preliminary Results, SSE continues to expect the adverse effects of coronavirus on its 2020/2021 operating profit to be in the range of £150 million to £250 million before mitigation with the greater impacts likely to be experienced in the first six months of the financial year. In line with this, the impact on operating profit for the six months to 30 September is expected to be around £120 million -£130 million, none of which will be treated as exceptional. Announcement • Sep 29
SSE plc Announces Directorate Change After more than five years' service, Crawford Gillies has confirmed he will step down from the SSE Board on 30 September. Crawford will be succeeded as Senior Independent Director by Tony Cocker, who joined the SSE Board as a non-Executive Director in May 2018. Tony has a wealth of experience in energy and utilities both through his executive career with Powergen and EON, and more recently as Chairman of Affinity Water and Infinis. He currently chairs SSE's Energy Markets Risk Committee. Announcement • Sep 26
Equitix Limited signed an agreement to acquire Maple TopCo Limited from SSE plc (LSE:SSE), Ontario Teachers' Pension Plan Board and OMERS Infrastructure Management Inc. Equitix Limited signed an agreement to acquire Maple TopCo Limited from SSE plc (LSE:SSE), Ontario Teachers' Pension Plan Board and OMERS Infrastructure Management Inc. on September 23, 2020. Based on its 33% equity share, SSE will receive net proceeds of around £90 million. Closing of the transaction is expected in Q4 2020. DC Advisory acted as financial advisor while Allen & Overy LLP acted as legal advisor to the founding consortium. Investec Bank plc acted as financial advisor while Ashurst LLP acted as legal advisor and PricewaterhouseCoopers LLP acted as accountant to Equitix Limited. Announcement • Sep 02
Greencoat UK Wind PLC (LSE:UKW) managed by Greencoat Capital LLP agreed to acquire 25.1% stake in Walney (UK) Offshore Windfarms Limited from SSE plc (LSE:SSE) for £350 million. Greencoat UK Wind PLC (LSE:UKW) managed by Greencoat Capital LLP agreed to acquire 25.1% stake in Walney (UK) Offshore Windfarms Limited from SSE plc (LSE:SSE) for £350 million on September 1, 2020. The acquisition will be funded by Greencoat UK Wind's acquisition facility, recently re-sized to £400 million. The cash proceeds from the deal will support SSE's £7.5 billion five-year capital expenditure plans to invest in core strategic assets that will support the ongoing transition to net zero emissions. Greencoat UK Wind was advised by Jefferies International Limited and Norton Rose Fulbright LLP. 
