United Kingdom · Question · Written question
UIN 83225
Bulb Energy: Insolvency
Introduced
29 November 2021
Last action
6 December 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
6 December 2021
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the potential cost to the taxpayer of the collapse of Bulb Energy Ltd.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
29 November 2021
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the potential cost to the taxpayer of the collapse of Bulb Energy Ltd.
Source: Commons
6 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. The value of this facility is a contingency - it gives confidence to the energy administrators ...
Source: Written answer
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Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-11-29/83225
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1382991
- uk · wq-1382991 · source updated 6 December 2021