Bulb Energy Limited: consent to apply for a Special Administration Regime
Published By GOV.UK [English], Wed, Nov 24, 2021 2:14 PM
Following the insolvency of Bulb, the court has appointed energy administrators to continue running the company under what is called a Special Administration Regime (SAR).
Prior to applying to the court for a SAR, Ofgem wrote to the Business Secretary seeking his consent and setting out why a SAR is in the best interest of Bulb customers. This letter from the Business Secretary to Ofgem grants them consent to pursue a SAR.
See Ofgem’s letter to the Business Secretary.
Find out what a SAR means for Bulb customers.
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