21 Dec 2007
Acquisition of telecom duct network
Scottish and Southern Energy plc (“SSE”) has entered into an agreement to
acquire 160km of telecom duct network within London, extending from Heathrow
through to the London Docklands. This acquisition follows the recent acquisition
of a UK national network from TeliaSonera in October 2007, and will provide
SSE’s telecoms subsidiary, Neos Networks, with one of the most extensive
wholly-owned telecom duct and fibre footprints in the UK.
21 Dec 2007
Second largest supplier of energy
Scottish and Southern Energy plc (“SSE”) has overtaken EON UK to become the
UK’s second largest supplier of electricity and gas, according to the
Datamonitor Market Share Monitor.
20 Dec 2007
SSE announces extension to Barking Power
Ministers have given consent to Barking Power Ltd, in which Scottish and
Southern Energy plc ("SSE") has a 30.4% stake, to construct an extension of its
existing Combined Cycle Gas Turbine power station at Dagenham. The extension
will allow for the development of a further 470MW of capacity, in addition to
the existing 1,000MW. This would effectively add over 140MW to the portfolio of
electricity generation assets owned by SSE.
19 Dec 2007
Gas Distribution Price Control Review accepted
Scotia Gas Networks ("SGN"), in which Scottish and Southern Energy ("SSE")
has a 50% stake, has decided to accept Ofgem’s final proposals for the gas
distribution price control for 2008-13, subject to confirmation that the related
licence reflects the intent of the proposals.
14 Nov 2007
SSE Announces increased reward for exported solar energy
Scottish and Southern Energy plc ("SSE") has developed a new tariff for
householders and small businesses which export power to the electricity network
generated via solar photovoltaic (pv) panels installed on their premises.
14 Nov 2007
SSE acquisition of Slough Heat and Power Ltd
Scottish and Southern Energy plc ("SSE") has entered into an agreement with
SEGRO plc to acquire its shares in Slough Heat and Power Ltd, an integrated
energy business, for a total cash consideration of £49.25m. The agreement is
subject to a condition precedent, which once satisfied, should result in
ownership transferring to SSE by the end of December 2007.
14 Nov 2007
SSE interim results for the six months to 30 September 2007
SSE has again delivered an excellent financial and operational performance, with significant progress being made in all parts of the business to position it for continuing growth. Our core responsibility to shareholders is to deliver sustained real growth in the dividend, and we have again achieved that, with an interim dividend which is double that paid in 2001.
07 Nov 2007
SSE is the undisputed number one for customer service after winning hat-trick of awards
Scottish and Southern Energy ("SSE") has had its reputation for providing the
best customer service in the energy supply industry confirmed, by three
independent surveys - J.D. Power and Associates 2007 UK Electricity and Gas
Supplier Customer Satisfaction Study, uSwitch.com’s Customer Satisfaction
Report, and the quarterly supplier performance report by Energywatch.
24 Oct 2007
First to offer financial reward to customers for reducing energy use
Scottish and Southern Energy (“SSE”) has today launched a unique green
product that for the first time will provide financial rewards to customers for
using less energy. The company supplies energy through its brands: Southern
Electric, Scottish Hydro Electric, and SWALEC.