Elliott Advisors, which has built a stake in the company, has reportedly called for SSE to separate or sell its renewables business
SSE could face pressure to break up its energy business as the activist hedge fund Elliott Advisors pushes for a spin-off of its renewable energy division after building a stake in the company.
The hedge fund has reportedly begun talks with senior SSE executives after investing in the company over the summer, and has joined industry analysts in calling for the company to separate or sell its renewables business.