SSE completes Environmental Energies Fund deal with SEP

Energy company SSE, through its wholly owned SSE Ventures business, has completed a deal with Scottish Equity Partners (SEP) that involves SEP’s Environmental Energies Fund (EEF) acquiring a portfolio of cleantech investments owned by SSE Ventures. 

As part of the deal, SSE Ventures has become a major partner in the new fund.

The Environmental Energies Fund (EEF) has acquired nine investments from the SSE Ventures portfolio.

According to SSE, the fund will have substantial fresh capital available for investment in the portfolio and also has an agreement to add up to five further SSE investments to the portfolio in future.