Agreement to sell SSE Energy Services to OVO signed
Topics: SSE ENERGY OVO
Completion of the Transaction is expected in late 2019 or early 2020 and is subject to the necessary regulatory approvals.
On completion, the net cash proceeds of this transaction will be used to reduce SSE’s net debt. See Transaction Details below.
In the event of successful completion SSE will do all it can to ensure a smooth transition for customers and employees. In the meantime, SSE Energy Services remains focused on the important work of delivering its sector-leading service for its customers – for whom nothing changes in the short term. ■