Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  SSE PLC    SSE   GB0007908733

SSE PLC (SSE)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Greencoat UK Wind to Raise GBP205 Million in Main Market Float

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/06/2013 | 08:33am CET

LONDON--Greencoat U.K. Wind PLC, which invests in wind farms, Wednesday said it plans to raise at least 205 million pounds in an initial public offering on the Main Market of the London Stock Exchange.

MAIN FACTS:

-Company to raise GBP205 million by means of Deeds of Subscription, a Placing and an Offer for Subscription of Ordinary Shares, with the option to increase the size of the Issue by up to GBP55 million

-Company will be fully invested from launch as it has signed agreements to acquire a seed portfolio of operational U.K. wind farms from two major utilities: RWE AG (>> RWE AG) and SSE PLC (>> SSE PLC)

-Greencoat U.K. Wind will aim to provide shareholders with a sustainable income stream through an initial annual 6 pence dividend on the issue price of 100 pence

-Department for Business, Innovation and Skills has committed to subscribe for 50 million Ordinary Shares

-SSE has committed to subscribe for up to 43 million Ordinary Shares

-Expected that dealings in Shares will commence in March

-Board will be chaired by Tim Ingram, former chief executive of Caledonia Investments

Write to Jana Weigand at jana.weigand@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : RWE AG, SSE PLC
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SSE PLC
02/23 SSE : Moody's Assigns Baa2 Rating To SSE's Hybrid Notes With Stable Outlook
02/22 British Gas to launch 100 million pound customer loyalty scheme
02/22 Britain's Ofgem has power to impose energy tariff price cap - CEO
02/22 SSE : Scrip alternative
02/16 CENTRICA : Decline of UK's Rough storage site to raise gas import costs
02/10 UK's Scottish Power to increase dual-fuel prices by 7.8 percent
02/09 UK energy market watchdog to review supply licences this year - CEO
02/07 SSE : 2017 Capacity Market Year A head Auction
02/06 SSE : Wins Deals To Provide 4,451MW Of De-rated Electricity Generation Capacity
02/06 SSE : 2017 Capacity Market Year Ahead Auction
More news
Sector news : Electric Utilities - NEC
02/23DJVECTOR : 1st Half Net Profit Rises
02/22 British Gas to launch 100 million pound customer loyalty scheme
02/22 Britain's Ofgem has power to impose energy tariff price cap - CEO
02/22DJSOUTHERN : Profit Falls
02/17DJNEXTERA ENERGY : Energy Future Wins Chapter 11 Plan Confirmation -- 2nd Update
More sector news : Electric Utilities - NEC
News from SeekingAlpha
2016 SSE Plc (SSEZY) Investor Presentation - Slideshow
2016 Atlantica Yield Is Top Utility Dog For Gains Per Broker September Ratings
2016 PALO ALTO NETWORKS : Whither Now?
2016 WESTERN DIGITAL : As Low As It Gets?
2016 Is Ericsson A Long-Term Play?
Advertisement
Financials ( GBP)
Sales 2017 30 440 M
EBIT 2017 1 717 M
Net income 2017 1 179 M
Debt 2017 8 581 M
Yield 2017 5,91%
P/E ratio 2017 13,41
P/E ratio 2018 13,23
EV / Sales 2017 0,80x
EV / Sales 2018 0,79x
Capitalization 15 652 M
More Financials
Chart SSE PLC
Duration : Period :
SSE PLC Technical Analysis Chart | SSE | GB0007908733 | 4-Traders
Full-screen chart
Technical analysis trends SSE PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 16,2  GBP
Spread / Average Target 4,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Alistair Phillips-Davies Chief Executive Officer & Executive Director
Richard D. Gillingwater Chairman
Gregor Alexander Executive Director & Finance Director
Katie Bickerstaffe Independent Non-Executive Director
Jeremy J. Beeton Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SSE PLC-0.77%19 504
DUKE ENERGY CORP4.24%56 466
SOUTHERN CO0.98%49 490
DOMINION RESOURCES, IN..-0.56%48 260
IBERDROLA SA-2.01%42 881
EXELON CORPORATION1.38%34 327
More Results