17th Aug 2015 06:14
LONDON (Alliance News) - A green energy company backed by FTSE 100 constituent SSE PLC could be sold later this year, the Sunday Times reported.
Vital Energi, a consultancy, has hired advisers at audit firm EY to find a buyer, according to the report.
Citing industry sources, the report said the business could be worth as much as GBP100 million.
The report said that SSE holds a significant interest in Vital alongside venture capital investor Scottish Equity Partners.
http://www.thesundaytimes.co.uk/sto/business/Companies/article1593914.ece
By Samuel Agini; [email protected]; @samuelagini
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