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SSE, Npower name Martin Read as chairman designate for UK retail tie-up

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By Reuters
SSE, Npower name Martin Read as chairman designate for UK retail tie-up
FILE PHOTO: An SSE vehicle is parked outside the Pitlochry Dam hydro electric power station in Pitlochry, Scotland, Britain, November 8, 2017. REUTERS/Russell Cheyne/File Photo   -   Copyright  Russell Cheyne(Reuters)
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(Reuters) – SSE Plc <SSE.L> and Innogy SE <IGY.DE> said on Friday it named Martin Read as the chairman designate for the new independent British energy supply and services company that they have agreed to form.

Read is a former chairman of Laird Plc and will begin his role at the new company after the merger of the retail power units of SSE and Innogy’s Npower.

(Reporting by Muvija M in Bengaluru; Editing by Bernard Orr)

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