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    SSE   GB0007908733

SSE PLC

(SSE)
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SSE, Acciona Join to Explore Offshore Wind Opportunities in Poland

07/27/2021 | 07:04am EDT

By Jaime Llinares Taboada

SSE PLC and Acciona SA said Tuesday that they have agreed to form a 50/50 joint venture to explore offshore wind opportunities in Poland.

The two energy companies, which already have a similar agreement for Spain and Portugal, said they have signed a memorandum of understanding to formalize the joint venture.

Poland is seeking to deploy around 6 gigawatts of offshore wind by the end of the decade and has a target of generating at least 23% of gross energy consumption from renewable sources by 2030, SSE said.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

07-27-21 0703ET

Stocks mentioned in the article
ChangeLast1st jan.
ACCIONA, S.A. -3.42% 141 Delayed Quote.25.11%
SSE PLC 1.48% 1675 Delayed Quote.10.03%
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More news
Analyst Recommendations on SSE PLC
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Financials
Sales 2022 7 513 M 10 358 M 10 358 M
Net income 2022 895 M 1 235 M 1 235 M
Net Debt 2022 8 588 M 11 840 M 11 840 M
P/E ratio 2022 18,5x
Yield 2022 5,02%
Capitalization 17 346 M 23 896 M 23 915 M
EV / Sales 2022 3,45x
EV / Sales 2023 3,45x
Nbr of Employees 11 865
Free-Float 99,1%
Chart SSE PLC
Duration : Period :
SSE plc Technical Analysis Chart | SSE | GB0007908733 | MarketScreener
Technical analysis trends SSE PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 1 650,50 GBX
Average target price 1 696,25 GBX
Spread / Average Target 2,77%
EPS Revisions
Managers and Directors
Alistair Phillips-Davies Chief Executive Officer & Executive Director
Gregor Alexander Finance Director & Executive Director
John Alexander Manzoni Chairman
Sue Bruce Independent Non-Executive Director
Peter John Lynas Independent Non-Executive Director
Sector and Competitors
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SSE PLC10.03%23 657
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SOUTHERN COMPANY7.39%69 893
IBERDROLA, S.A.-18.84%69 299