The Competitions and Markets Authority is seeking new assurances from both SSE and Npower over their proposed merger, considering that the move could be detrimental to consumers.
Scottish & Southern Electricity (SSE) has said the merger of its supply arm with npower’s will bring about a “completely new model” for the UK supply market.
Innogy is doubling down on its vision for growth in decentralised generation and new grid infrastructure as it prepares to “rigorously implement” its new strategy.
UPDATE: SSE and innogy owner nPower have confirmed that, subject to Competitions and Markets Authority (CMA) approval, the two companies are to merge to create "a major new independent competitor in the energy and home services market".