Thread: The energy crisis
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Old 04-10-2021, 16:34   #118
1andrew1
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Re: Energy companies collapse
Not a surprise, Bulb customers will probably be happy at least in the short term.
Quote:
Ovo Energy is preparing a bid for rival energy supplier Bulb in a move that would consolidate the Bristol-based company’s position as one of the biggest electricity and gas providers in Britain.

Lossmaking Bulb has been working with its bankers at Lazard to explore new sources of funding or a deal with a rival supplier in a bid to secure its future, as Britain’s energy supply sector battles against record wholesale gas and power prices.
https://www.ft.com/content/6114abb9-...0-d874d4c33112
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