0 £0.00
This item was added to your basket
Credit Strategy homepage

Dear visitor,
You are viewing 1 of your 1 free articles

We’ve invested in our content to provide more news, analysis, features, interviews and opinions across a wide range of Credit and Financial Services. Register now to access more of the trustworthy, insightful information that’s on offer.

Register now or Login

SSE “in discussions” with Ovo Energy over sale of UK energy arm

Energy provider SSE has confirmed it is negotiating the sale of its energy retail business to Ovo Group.

Share on LinkedInShare on TwittereCard

While SSE stress that no deal has yet been struck, it would make Ovo one of the largest energy companies in the UK should it go through.


Ovo was only founded 10 years ago and supplies energy and related services to around 5.7 million household customers across the UK.


SSE said it is “actively progressing a number of options for the future of SSE Energy Services”, having determined that its “best future lies outside the SSE group”.


An SSE statement said: “These discussions are continuing, however no final decisions have been taken and no agreements regarding the terms of any transaction have been entered into.


“The board remains focused on securing the best long-term future for the business, its customers and employees, and for shareholders.”

Share on LinkedInShare on TwittereCard
Add New Comment
You must be logged in to comment. Login or Register to access enhanced features of the website.


Credit Strategy
LinkedIn page

Member of

Did you find our website useful?

Thank you for your input

Thank you for your feedback

creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace. @ Copyright Shard Media Group