Energy Magazine September 2021 | Page 13

sells stake in SGN

Following news that SSE is selling its 33.3 % stake in SGN for £ 1.2bn , here is a timeline of key events spanning the last 16 years
MARCH
AUGUST

2017 2021

Scotland ’ s gas and SSE agrees to sell its electricity networks 33.3 % holding in SGN deliver around half of all to a consortium of energy used in Scotland international investors

2017 2020 2045

Two new companies were unveiled , MapleCo , an independent Meter Asset Provider , and SGN Smart , a subsidiary of SGN
SSE sells its GB electricity supply business to Ovo Energy to focus on core business of electricity networks and renewables
SSE aims to make all its business operations net-zero by this date
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