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SSE Plc To Sell Stake In Walney - Quick Facts

SSE plc (SSE.L) said it has agreed to sell the Group's 25.1% non-operating stake in Walney Offshore Wind Farm to Greencoat UK Wind Plc. The stake equates to 92MW of capacity and the total consideration is 350 million pounds. Following the disposal, SSE's renewable generation capacity will be around 3.9GW.

Walney is a 367MW offshore wind farm located off the west coast of the United Kingdom. SSE plc said the sale of Walney marks the first stage of the Group's disposal plans. SSE will update on further disposals in due course.

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