SSE to auction Hornsea gas storage capacity for 2016/17
LONDON, April 13 (Reuters) - SSE (LSE: SSE.L - news) said on Wednesday it will auction 130,000,000 standard bundled units (SBU) of gas storage capacity at its Hornsea site for 2016/17 at a reserve price of 7.3 pence per SBU per year.
Bids must be submitted by April 20 at 1100 GMT (1200 local time), the company added.
(Reporting by Nina Chestney; Editing by Alexander Smith)