SSE has sold its subsidiary SSE Pipelines Ltd to a new fund, the Environmental Capital Fund (ECF) for £52.7 million.  ECF is managed by Scottish Equity Partners LLP (SEP).
SSE Pipelines has provided 130,000 gas connections to new residential and commercial developments throughout the UK.  The disposal is part of a programme to spin off SSE’s “non-core” assets and activities, intended to reduce the company debt by £1 billion.