Boardroom battle between green suppliers cools off

Ecotricity has cancelled a planned meeting with Good Energy regarding the proposed appointment of two of its senior representatives as non-executive directors at the rival firm. Founder of Ecotricity Dale […]

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By Jonny Bairstow

Ecotricity has cancelled a planned meeting with Good Energy regarding the proposed appointment of two of its senior representatives as non-executive directors at the rival firm.

Founder of Ecotricity Dale Vince and Board Director Simon Crowfoot would have appeared at the meeting, with shareholders voting to approve or deny the move.

The renewable energy companies have now advised this is no longer necessary.

The firm has now withdrawn its official notice requisitioning the General Meeting and Good Energy has recommended its indefinite adjournment.

Chairman of Good Energy, John Maltby said: “We seek a constructive dialogue with Ecotricity, as we do with all of our shareholders and see this as a positive step.

“We hope very much that we can put this matter behind us and would like to thank our customers, shareholders and other stakeholders for their support.”

Green energy supplier Ecotricity bought shares in Good Energy in March this year.