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The company was formed in 2005 as Scotia Gas Networks. [4] From that year it was 50% owned by SSE plc. [5] In September 2014 it was renamed SGN. [6] SSE sold 16.7% of the company to the Abu Dhabi Investment Authority in 2016. [7][5] In March 2021, SSE sold its remaining one-third share for £1225 million, and the Abu Dhabi Investment Authority ...
May 26, 2021 · SSE will put its stake in UK gas distribution business Scotia Gas Networks up for sale this summer, the latest move by a British energy group to seek reduced exposure to gas infrastructure.
Aug 2, 2021 · SSE has agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd (SGN) to a consortium comprising existing SGN shareholder Ontario Teachers' Pension Plan Board...
Aug 2, 2021 · Perth-based energy giant SSE is to sell its stake in gas firm Scotia Gas Networks (SGN) in a £1.2 billion deal. SSE’s decision to sell its 33.3% stake will allow it to focus on low carbon ...
Aug 2, 2021 · SSE has agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd (SGN) to a consortium comprising existing SGN shareholder Ontario Teachers' Pension Plan Board (Ontario Teachers') and Brookfield Super-Core Infrastructure Partners (Brookfield) (the Consortium).
Apr 1, 2021 · SGN is valued at 2.1 billion pounds taking the equity value of SSE’s stake to about 900 million, according to Barclays Bank Plc. SSE expects to update the market further on its approach and...
Aug 2, 2021 · London-listed energy company SSE will sell its 33.3% stake in gas distribution operator Scotia Gas Networks (SGN) for £1.22 billion. The buyer is a consortium comprising existing SGN...
