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SSE Plc engages in the generation, transmission, distribution, and supply of electricity. It operates through the following segments: Networks, Retail, and Wholesale. Read More The Networks segment includes electricity distribution, electricity transmission, gas distribution, and other networks. The Retail segment provides energy supply and energy-related services to household and business customers. The Wholesale segment involves the portfolio management, electricity, gas storage, and gas production. The company was founded in 1943 and is headquartered in Perth, the United Kingdom. SSEZY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
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Oil and Gas
Utilities Drop in U.K. on Labour Nationalization Report
(Bloomberg) -- The U.K.’s biggest utilities fell after a report showing the opposition Labour Party is preparing to nationalize parts of the energy industry if it takes power.
Seeking AlphaMay 8
SSE to cut jobs amid competition and energy price cap
SSE (OTCPK:SSEZY -3% ) said it would cut 444 jobs, equivalent to ~5% of employees, in its retail business, blaming a lack of interest from customers for the smart meter devices that could possibly help cut energy emissions.