Tag: Bulb bailout

Energy giants fail in bid to block sale of collapsed Bulb

Energy giants fail in bid to block sale of collapsed Bulb

Scottish Power, British Gas, and E.ON had previously filed a lawsuit against the government,…

Industry responds to Bulb’s collapse into administration

Expected cost of Bulb’s bailout is zero, says NAO

The National Audit Office has warned, however, of remaining risks to the recovery of taxpayer…

Octopus Energy adds £3.4bn worth of renewable projects to its portfolio

Bulb’s rescue to cost taxpayers £260m, says Octopus

February 2, 2023

Octopus decided to keep bills down for its customers, a move that averted the possibility of…