U.K. Regulator Approves OVO Energy Acquisition Of SSE Energy Services
The U.K. Competition and Markets Authority (CMA) has approved OVO Energy's proposed acquisition of SSE Energy Services.
"The leadership teams from ...
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SSE Retail Supplier Sees Customer Decline, Drags On Parent Earnings As Sale To Ovo Pending
The Financial Times reports that U.K. retail supplier SSE Energy Services continues to drag SEE earnings as a sale of SSE Energy Services to Ovo Ener...
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OVO Energy To Acquire SSE Energy Services, One Of U.K.'s "Big Six" Retail Suppliers
U.K. retail supplier OVO Energy has agreed to acquire SSE’s household energy supply and related services business (SSE Energy Services) in the U...
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Ovo In Talks To Acquire SSE Retail Energy Supply Business
SSE plc confirmed it is in discussions with Ovo Group over the possible sale of the SSE Energy Services business, which supplies energy and related ...
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U.K. Regulator Appoints Supplier Of Last Resort To Serve Customers Of Defaulting Retail Supplier
U.K. regulator Ofgem said that Cardiff Energy Supply, a small retail supplier with approximately 800 domestic gas customers, will be ceasing to trade....
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SSE Sheds 70,000 Retail Customers In Quarter, Reiterates Plan To Exit Retail Energy Biz
In a trading update, SSE reported that SSE Energy Services lost 70,000 domestic energy customers in the U.K. from March 31, 2019 to June 30, 2019, en...
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SSE Sets Deadline For Divestment Of U.K. Household Retail Supplier, Appoints New Executive Chair
SSE has set a target of the second half of 2020 for disposing of its U.K. residential retail energy supplier, which has suffered significant customer...
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SSE Cutting 400+ Jobs In Retail Energy Segment, Citing Competitive Intensity, Market Conditions
SSE is cutting 444 jobs in its retail energy sector, in customer service and smart meter installation, citing competitive market conditions, the U.K....
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Report: SSE Approaches Telecom, Cable Giant About Sale Of £1bn European Retail Supplier
Sky News reported that SSE approached TalkTalk, a provider of cable, broadband internet, landline, and mobile phone service in the U.K., about a sale ...
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SSE Sets Timetable For Decision On Future Of U.K. Retail Supplier
SSE said in a financial update that work on the future options for its U.K. retail supplier SSE Energy Services (see prior story here for previous d...
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Parent Of Big Six U.K. Retail Supplier Assessing Retail Supplier's Future, Held For Disposal
In a trading update, SSE confirmed the options that SSE is assessing for the future of U.K. retail supplier SSE Energy Services, "which remains held f...
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Joule Community Power Launches Community Solar For NY Town
The Town of Geneva, NY and Joule Community Power announced the launch of Geneva Community Power, a new community solar project for NYSEG customers res...
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Texas REPs Raise Concern On Inability To Hedge Marginal Losses
In comments to the Texas PUC concerning an evaluation of marginal losses, retail providers expressed concern with the complexity of such a system and ...
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Pinnacle Asset Management Acquires North American Wholesale Natural Gas Trading Business
Pinnacle Asset Management, L.P. and affiliated investment entities, a commodities and natural resources investment organization, announced the acquisi...
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Pipeline Announces "PowerServe" Service and Open Season Aimed At Marketers Supplying Power Plants
Tennessee Gas Pipeline Company, L.L.C. announced the start of its non-binding PowerServe open season, which it called a new, customized, flexible firm...
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