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Originally Posted by Chicken
So why did he sell off Virgin Energy ?
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My (limited) understanding of Virgin Energy is that it wasn't really a utility/energy provider. Virgin Energy was using the services of another energy company. Virgin just provided a internet access portal to a customers accounts, but didn't provide customer services or even buy electricity or gas. So in other words, it was a complete waste of time and that's probably why Branson sold out. But don't really know much about it. Not all Branson ventures are successful - eg Virgin Cola etc...