Scottish and Southern Energy
Scottish and Southern Energy plc operates as an energy company in the United Kingdom. It engages in the generation, transmission, distribution, and supply of electricity; storage, distribution, and supply of gas; electrical and utility contracting; and domestic appliance retailing. The company also operates telecoms network, as well as provides services to other telecoms providers, companies, and public sector organizations. [1] It is the second largest energy supplier in the UK with consolidated revenues of £15.3 billion for the year ending 31 March 2008. [2]
History
The Company was formed in 1998 following a merger between Scottish Hydro-Electric plc and Southern Electric plc.[3]
In 2004 the Company acquired the Ferrybridge power station and Fiddlers Ferry Power Station for £250million.[4] In 2008 it went on to buy Airtricity Holdings, an Irish wind farm business. [5]
It was named as the most environmental and ethical company on the London Stock Exchange in The Observer Good Companies Guide. [6] All is not rosy in the garden however. A project that the company see as vital for the future of renewable energy is bogged down in a long running Public Inquiry. A wide grouping of environmental campaigners see the attempt to upgrade the transmission line from Beauly to Denny as a disaster for the areas it will pass through: "'The Applicants' (Scottish and Southern Energy), who are the transmission company applying to build the line, accept that landscape and visual adverse effects will occur extensively. For this proposal to be justified, there would have to be no other, less destructive alternative and the line would need to be of national importance. Our evidence, brought forward to the Inquiry, shows that neither of these is the case."[7]
Contact
Head Office
Scottish and Southern Energy, Inveralmond House, 200 Dunkeld Road, Perth PH1 3AQ UK
Notes
- ↑ 'Scottish & Southern Energy plc' Business Week, accessed Nov 2008
- ↑ 'Moody's cuts Scottish and Southern Energy' Reuters, 5 June 2008, accessed Nov 2008
- ↑ Scottish and Southern Energy Website: Group History accessed Nov 2008
- ↑ Scottish & Southern buys Fiddlers Ferry The Independent, 31 July 2004, accessed Nov 2008
- ↑ Scottish & Southern to buy Irish Windfarm firm Reuters, Jan 4 2008, accessed Nov 2008
- ↑ Zoe Wood, 'Energy giant tops guide to ethical firms', Guardian, November 16 2008, accessed Nov 2008
- ↑ The John Muir Trust, The proposed Beauly Denny 400kV transmission line:An update about the Public Local Inquiry
