Loading market dashboard
SSE plc
SSEZYUtilitiesOTCGB
Loading disclosure news
News and disclosures filtered by period, publisher, and event group.
Select a headline to open the full news page in the app.
Shares in SSE PLC (LSE:SSE), Centrica and several renewable energy investment companies rose after the UK government confirmed plans to move older wind and solar farms onto fixed-price contracts, or else be hit with higher windfall taxes. SSE, which owns windfarms and hydroelectric power plants, saw its share climb 3.3% to 2,610p on Tuesday, while fellow FTSE 100-listed energy producer Centrica PLC (LSE:CNA), which owns British Gas, and FTSE 250-listed biomass burner Drax Group (LSE:DRX) were up 2.3% and 1.8%.
SSE PLC (LSE:SSE) shares rose after the UK government confirmed plans to move older wind and solar farms onto fixed-price contracts. Shares in SSE, which owns windfarms and hydroelectric power plants, rose 3.8% to 2,614p early on Tuesday, while fellow FTSE 100-listed energy producers Centrica PLC (LSE:CNA) and FTSE 250-listed Drax Group (LSE:DRX) were up 1.7% and 1.8%.
Shares in SSE PLC (LSE:SSE) and Centrica PLC (LSE:CNA) took a heavy beating on Friday after Chancellor Rachel Reeves signalled that the government is actively working to sever the link between electricity and gas prices - a reform that could fundamentally reshape the economics of the UK energy sector. SSE fell 5.2% and Centrica dropped 4.9%, making the two utilities among the biggest fallers on the FTSE 100 on a day when the broader mood across European markets was broadly positive, buoyed by hopes of progress in Middle East peace talks.
Sse Plc (OTCMKTS:SSEZY - Get Free Report) has received a consensus rating of "Hold" from the six ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. SSEZY has
