OVO secures approval for £500m SSE Energy Services deal

James S Murray
clock • 2 min read

CMA approval paves way for transaction to complete next month, creating a major new energy player with almost five million customers that has pledged to go net zero emissions

The Competition and Markets Authority (CMA) has today approved OVO Energy's planned £500m acquisition of SSE Energy Services, clearing the path for the transaction to complete next month. The deal,...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'The major most committed to the energy transition': TotalEnergies strengthens methane targets

'The major most committed to the energy transition': TotalEnergies strengthens methane targets

Oil and gas giant beefs up target to deliver 60 per cent reduction in methane emissions from its facilities against 2020 levels by the end of this year

Michael Holder
clock 28 March 2025 • 2 min read
Ofgem smart meter consultation to help households 'gain control' of energy usage

Ofgem smart meter consultation to help households 'gain control' of energy usage

Energy regulator floats proposals to clamp down on faulty smart meters, fast track repairs, and enhance compensation and standards

Stuart Stone
clock 28 March 2025 • 5 min read
'Massive increase': World adds record levels of new renewables capacity in 2024

'Massive increase': World adds record levels of new renewables capacity in 2024

IRENA data shows global economy added a record-shattering 585GW of new clean power capacity last year alone, thanks in large part to China's renewables boom

Michael Holder
clock 26 March 2025 • 4 min read
Loading page