Energy Magazine September 2021 | Page 12

TIMELINE

2005 2011 2016

SSE buys into Scotia Gas Networks by paying £ 505mn for 50 % of the business
Winter of 2010 / 11 is “ the worst for several decades ”, but Scotia Gas Networks records regulated asset value of £ 4.3bn , and headcount grows to 3,921 by March-end
SSE sells 16.7 % stake to the Abu Dhabi Investment Authority for £ 621mn

2008 2014

SSE buys Airtricity , an Irish wind farm business
Scotia Gas Networks ( together with Scotland Gas Networks and Southern Gas Networks ) is rebranded to SGN and spends £ 500mn upgrading its network
12 September 2021