SSE Is Said to Explore Funding Options Including Share Sale
Power transmission in Ferrybridge, UK.
Photographer: Matthew Lloyd/Bloomberg
SSE Plc is exploring funding options, including a share sale that could raise billions of pounds, as the utility seeks capital to meet a grid spending boost, according to people familiar with the matter.
The London-listed power generator has been holding discussions with advisers on proposals to bolster its balance sheet, the people said, asking not to be identified as the information is private. Details have not been finalized, the people added.