Company: SSE plc
Brand value: US$1,635 million
Change since 2019: -5%
Headquarter city: Perth, Perthshire
Year formed: 1998
SSE is a supplier of domestic electricity and gas, and describes itself as a reliable and sustainable supplier of energy. The business became part of the OVO family in early 2020, alongside Boost, Spark Energy and OVO energy, helping make OVO one of the biggest suppliers in the UK, serving close to 5 million customers. The deal was announced as a way for SSE to better position itself for a low-carbon future. At around the same time, SSE revealed plans for a £100 million wind farm project in Sunderland, adding 11 turbines to the 35 already in operation.
In April, SSE announced it was developing electric vehicle charging sites at lock-up garages in London, working with InfraTech Property to combine rapid charging with 5G and Edge computing technology. The effort is in line with the Mayor of London’s aim to have 50,000 chargers available across the capital by 2025. The brand is the sponsor of the SSE Arena in London, and SSE customers can get event tickets for the venue in advance of general sales.