Financial News

SSE stock price gains 9% on a new £580m investment in giant wind project

By: Invezz

Shares of SSE Renewables (LON: SSE) surged nearly 9% today after the Scottish company said it will invest £580 million in the Viking Wind Farm. As a result, the SSE stock price surged to 1400p to test the 3-month high.  Fundamental analysis: A major investment in the mainland Scotland SSE Renewables, the Scotland-based energy giant, made a final decision to invest £580 million in the Viking Wind Farm. The project, expected to be completed in 2024, is on course to become the UK’s largest onshore wind farm, as far as the electricity output is concerned. Viking Wind Farm, which will

The post SSE stock price gains 9% on a new £580m investment in giant wind project appeared first on Invezz.

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