UK supplier Bulb Energy to run under ‘special administration’ through winter

Taxpayer to shoulder cost of running collapsed firm after fundraising plans scuppered by energy crisis

Bulb Energy could be in the hands of an administrator within hours after the regulator applied to the courts for an advisory firm to run it after its collapse on Monday.

Britain’s seventh-largest supplier is expected to become the first energy company to be placed into a “special administration” process so it can continue to provide gas and electricity to its 1.7 million customers through the winter after going bust on Monday.

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isototo
isototo
1 year ago

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Paus4d Login
10 months ago

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