OVO completes £500m acquisition of SSE Energy Services

clock • 2 min read

Deal marks the latest development as the UK's energy sector is reshaped by the net zero transition

Green energy supplier OVO yesterday confirmed the completion of its £500m acquisition of SSE's household energy business, making the company the UK's second largest energy supplier with over five million...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Ecotricity debuts dynamic energy pricing for homes with renewables installed
Energy

Ecotricity debuts dynamic energy pricing for homes with renewables installed

New model will allow homes with solar and batteries to access cheaper power prices and sell surplus electricity back to the grid

Amber Rolt
clock 08 May 2025 • 2 min read
IEA: Fossil fuel industry failing to curb 'stubbornly high' methane emissions
Energy

IEA: Fossil fuel industry failing to curb 'stubbornly high' methane emissions

Methane emissions from oil, gas, and coal production showing little sign of falling, despite huge financial benefits on offer from tackling powerful greenhouse gas

Michael Holder
Michael Holder
clock 07 May 2025 • 4 min read
Study: Over 70 per cent of businesses to push forward with electrification
Energy

Study: Over 70 per cent of businesses to push forward with electrification

But drive to electrify is fuelling concerns over security of supply and volatile energy costs, according to a major new study from EY

Stuart Stone
Stuart Stone
clock 01 May 2025 • 4 min read