Bulb Energy: Insolvency

Department for Business, Energy and Industrial Strategy written question – answered on 23rd September 2022.

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Photo of Alan Whitehead Alan Whitehead Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Minister (Climate Change and Net Zero)

To ask the Secretary of State for Business, Energy and Industrial Strategy, when his Department plans to make a decision on the future ownership of Bulb Energy.

Photo of Graham Stuart Graham Stuart Minister of State (Minister for Climate)

The Energy Administrators are actively considering all exit options in relation to Bulb to discharge their statutory duties and objectives as quickly and efficiently as is reasonably practicable. Expert merger and acquisition (M&A) advisors have been appointed to lead this process which is ongoing.

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