Bulb Energy Limited: consent to apply for a Special Administration Regime
Letter from the Business Secretary to Ofgem granting them consent to pursue a Special Administration Regime for Bulb.
Documents
Details
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.