The High Court has unequivocally found that the Government received a fair price for the acquisition of Bulb by the Octopus Energy Group, throwing out the judicial review brought by Centrica, Scottish Power and E.On.
Ofgem has proved “incompetent as the regulatory authority” according to a new report from the Department of Business, Energy and Industrial Strategy (BEIS) select committee.
The UK government have put aside £1.7 billion to support failed supplier Bulb, following it going into the special administration regime earlier this week.
