Bulb Energy: Insolvency

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the cost of the public purse in the next (a) 3, (6) and (c) 9 months of his Department's implementation of a special administration regime on Bulb Ene

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Timeline

1. 25 November 2021

   Written question

   To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the cost of the public purse in the next (a) 3, (6) and (c) 9 months of his Department's implementation of a special administration regime on Bulb Ene

   Source: Commons

2. 1 December 2021

   Answer

   The Government has made a £1.7 billion loan facility available to the energy administrators for Bulb Energy, to provide working capital for a six-month period. As my Rt. Hon. Friend the Secretary of State set out in the House of Commons last week, we inte...

   Source: Written answer

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• · Department for Business, Energy and Industrial Strategy · Answering body

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