SSE in discussions with OVO over sale of household energy supply arm

Scottish and Southern Energy (SSE) announced on 10 August that it is in discussions with OVO Group over the possible sale of its UK household energy supplier arm, SSE Energy Services, “having determined that its best future lies outside the SSE group”.

Cornwall Insight research suggests SSE supplies energy to roughly 585,000 accounts in Scotland.

In a statement, SSE said: “These discussions are continuing, however no final decisions have been taken and no agreements regarding the terms of any transaction have been entered into. The Board remains focused on securing the best long-term future for the business, its customers and employees, and for shareholders.”

SSE

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