Perth utility giant SSE will explore new options for its domestic supply division after pulling the plug on its proposed multi-billion merger with npower.
SSE’s multi-billion pound merger with Npower has been given the green light by competition regulators.
The competition watchdog has backed a merger of SSE and Npower’s retail divisions in a move that paves the way for the UK’s Big Six energy providers to become the Big Five.
Shareholders of energy giant SSE will cast their votes at a general meeting in Perth next month on whether to merge their domestic energy business with nPower.
The chief executive of the new multi-billion pound domestic energy company to be formed by a merger of Perth-based SSE and Npower has been appointed.
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