The board of Airtricity Holdings Limited announced that an agreement has been reached to sell Airtricity to Scottish and Southern Energy Plc (SSE). The board of believes that this transaction will offer value to all shareholders and ensures continued investment in the growth and development of the company under the custodianship of SSE.

"Investment opportunities in renewable energy will become increasingly important as the world becomes more carbon constrained and the EU becomes more concerned about energy security." --Ian Marchant, CEO, SSE