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  • Shanghai Stock Exchange probing transaction delays
    The Shanghai Stock Exchange (SSE) issued a statement saying it is investigating the slow confirmation of stock transactions found after the opening of the morning session on Friday. The exchange said it identified an "abnormal situation" related to transaction delays after a number of investors...
  • TotalEnergies, SSE to form EV charging joint venture
    TotalEnergies SE and SSE plc announced on Tuesday that they agreed to create a joint venture dubbed Source, which will focus on bringing electric vehicle (EV) chargers to the United Kingdom and Ireland.Spurce is set to deploy up to 3,000 high power charge points in both countries within the next...
  • SSE to sell 25% stake in transmission business for £1.5B
    British energy company SSE announced on Friday it reached an agreement to sell a 25% minority stake in its electricity transmission network business SSEEN Transmission to Ontario Teachers’ Pension Plan Board for £1.5 billion. The company noted the transactions is expected to close "shortly" and...
  • SSE Renewables chooses GE as supplier for wind farm
    British wind farm developer SSE Renewables said on Friday that it chose General Electric’s renewable energy division as its preferred turbine supplier for the third and final phase of an offshore, largest in the world, wind farm. According to the announcement, a 14 megawatt (MW) version of GE’s...
  • Ant Group filing for IPO gets approved by SSE
    The Shanghai Stock Exchange (SSE) approved on Friday listing of the world's biggest fintech startup Ant Group for an Initial Public Offering (IPO). Backed by Chinese technology company Alibaba and acting as a parent group of the Chinese mobile payment system Alipay, Ant group is...
  • SSE selling stake in wind farms for £635M
    SSE plc is selling a 49.9% stake in its wind farms Stronelairg and Dunmaglass to Greencoat UK Wind Plc for £635M, the Scottish company announced on Friday. The stakes are equivalent to 160.6MW of capacity, with an average valuation for the two wind farms of around £4m per MW. "Onshore wind...
  • SSE, Npower to renegotiate merger terms
    SSE plc and Innogy SE, the owner of Npower Limited are renegotiating merger terms amid the introduction of the new energy price cap and "tough market conditions." Government in London introduced legislation in September capping the default electricity and gas bill at £1,136 a year. The cap,...
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