SSE has cut its earnings outlook, lost another 240,000 customers and said it is assessing options for its retail arm following the collapse of a merger with rival Npower. SSE has cut its earnings outlook, lost another 240,000 customers and said it is assessing options for its retail arm following the collapse of a merger with rival Npower. In a third quarter trading update, SSE also said it is considering a standalone demerger and listing, a sale or ring-fencing of its energy services arm. It put this down to not being able to recognise income from the UK's Capacity Market scheme following a court ruling. "We are also making progress in assessing the options for the future of the energy services business.

Source: Irish Independent February 08, 2019 08:26 UTC