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British power generator SSE agrees $460 million private placement in green push

British power company SSE says inclement weather to hit half-year renewable output
British power company SSE says inclement weather to hit half-year renewable output Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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- British renewable power generator and network operator SSE said on Thursday it had agreed a 350 million pounds ($460.5 million) private placement to bolster investments in electricity transmission as the shift to greener power ramps up.

The London-listed company said the placement will be also be used to cover maturing debt.

($1 = 0.7601 pounds)RCOM B

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