United Kingdom · Question · Written question
UIN 82139
Bulb Energy: Octopus Energy
Original
Introduced
8 November 2022
Last action
14 November 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
14 November 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will provide details of the profit share agreement that will apply until Octopus Energy has repaid the public funding from Government for the cost of the energy bought for B
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
8 November 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will provide details of the profit share agreement that will apply until Octopus Energy has repaid the public funding from Government for the cost of the energy bought for B
Source: Commons
14 November 2022
Answer
A profit-share agreement will be put in place for the ringfenced business until agreed funding is repaid by Octopus. Under this structure, payments to shareholders or the wider Octopus group from the ringfenced entity would be restricted until the repayab...
Source: Written answer
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
No documents linked.
Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-11-08/82139
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1540586
- uk · wq-1540586 · source updated 14 November 2022