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Britain's SSE rebuffed EDP proposal to merge, sources say

UPDATE 1-EXCLUSIVE-Britain's SSE rebuffed EDP proposal to merge, sources say Deal would have created one of Europe's biggest utilities Combined company would have market value around $44 billion Talks ended around June, source says Adds share price move in paragraph 9 By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON, Oct 15 (Reuters) - Portugal's main power utility EDP EDP.LS initiated merger discussions with London-listed peer SSE SSE.L earlier this year, but talks did not progre
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UK's SSE up on Reuters report of rebuffing merger proposal from Portugal's EDP

BUZZ-UK's SSE up on Reuters report of rebuffing merger proposal from Portugal's EDP ** Shares in British power generator and network operator SSE SSE.L up 1.5% at 1,902 pence ** Portugal's main power utility EDP EDP.LS initiated merger talks with SSE earlier this year, but discussions stalled, according to sources ** Proposed deal would have create
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Britain's SSE rebuffed EDP proposal to merge, sources say

EXCLUSIVE-Britain's SSE rebuffed EDP proposal to merge, sources say Deal would have created one of Europe's biggest utilities Combined company would have market value around $44 billion Talks ended around June, source says Adds background from paragraph 6 By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON, Oct 15 (Reuters) - Portugal's main power utility EDP EDP.LS initiated merger discussions with London-listed peer SSE SSE.L earlier this year, but talks did not progress, three peo
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Britain's SSE rebuffed EDP proposal to merge, sources say

EXCLUSIVE-Britain's SSE rebuffed EDP proposal to merge, sources say By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON, Oct 15 (Reuters) - Portugal's main power utility EDP EDP.LS initiated merger discussions with London-listed peer SSE SSE.L earlier this year, but talks did not progress, three people with familiar with the matter told Reuters.
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Britain sets out funding model for renewable energy storage projects

UPDATE 1-Britain sets out funding model for renewable energy storage projects Adds company comment By Susanna Twidale LONDON, Oct 10 (Reuters) - Britain will offer developers of renewable energy storage projects, such as pumped hydro, a guaranteed minimum income to spur investment in technologies that help the country meet its climate targets. Britain is aiming to decarbonise its power sector by 2030. Meeting this target will require a large increase in renewable energy, such as wind and solar,
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