Chair­man named for SSE ven­ture

The Scotsman - - Business -

SSE, the Perth-based util­ity gi­ant, has ap­pointed a chair­man­des­ig­nate for the new re­tail business it is cre­at­ing with ri­val Npower.

Martin Read is set to chair the en­ergy sup­ply and ser­vices com­pany the two firms have agreed to form, sub­ject to fi­nal reg­u­la­tory ap­proval. SSE said work con­tin­ued to pre­pare for the list­ing of the new firm – due to take place by the end of the first quar­ter of 2019.

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