SSE PLC Shares Jump as Norges Bank Raises Stake Before May Results
Norges Bank raised its stake in SSE PLC to 3.15% of voting rights, crossing a regulatory threshold on April 28. SSE shares closed up 2.98% at 2,650p, ahead of full-year results due May 28. Investors are watching the company’s £33 billion investment plan and rising debt levels. Fitch expects leverage to increase, citing risks from delays and cost inflation.