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Insider UK
Insider UK
Business
Peter A Walker

SSE to sell 25% stake in transmission network for £1.5 billion

SSE has agreed an almost £1.5bn deal to sell a quarter of its power transmission network business to a Canadian pension fund.

The Perth-headquartered power company has sold a 25% stake in SSEN Transmission to the Ontario Teachers’ Pension Plan Board.

The transmission arm operates under its licensed entity Scottish Hydro Electric Transmission.

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