SSE plc
British energy company
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2023 | SSE's energy customers were fully migrated to the OVO Energy brand. |
February 2022 | SSE plc signed up to the UN's Women Empowerment Principles, an initiative supporting women in the workplace, launched in collaboration with United Nations Global Compact and UN Women. |
August 2021 | SSE agreed to sell its 33.3% stake in gas distribution company SGN for £1.2 billion, marking a significant divestment in the company's portfolio. |
September 2020 | Ofgem imposed a £2.06 million fine on SSE for failing to publish timely information about its generation capacity availability, with the company fully cooperating with the investigation. |
January 2020 | SSE completed the sale of its retail business to OVO Energy. |
November 2019 | SSE established a new Swiss holding company for its UK business, a strategic move made in response to potential nationalization risks from the Labour Party's policy proposals. |
September 2019 | SSE announced its intention to sell its retail business to OVO Energy. |
December 17 2018 | SSE and Npower abandoned their planned merger, citing 'very challenging market conditions'. |
October 10 2018 | The Competition and Markets Authority gave full clearance to the SSE-Npower merger. |
August 30 2018 | The proposed SSE-Npower merger received preliminary regulatory clearance from the Competition and Markets Authority. |
November 2017 | SSE announced plans to separate its retail supply division and merge with Npower's division, with SSE shareholders set to own 65.6% of the proposed new entity. |
October 2014 | SSE became the first FTSE 100 company to be awarded the Fair Tax Mark, demonstrating its commitment to transparency in tax reporting and practices. |
2013 | SSE became the largest officially accredited Living Wage Employer in the United Kingdom, guaranteeing all its UK employees a minimum hourly rate of £7.85. |
April 2013 | Ofgem fined SSE £10.5 million for mis-selling gas and electricity, highlighting regulatory issues in the company's business practices. |
April 2010 | Purchased natural gas exploration and production assets from Hess Corporation in three areas of the UK Continental Shelf: Everest/Lomond, Easington, and Bacton. |
January 2010 | Rebranded from Scottish and Southern Energy to SSE, updating its corporate identity. |
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