Bulb Energy, which supplies 1.7m customers, collapses into administration

Regulator to rescue customers of Britain’s fastest-growing energy company

Bulb Energy has gone bust and will be placed into a special administration process to manage the fallout of the biggest energy supply collapse on record.

The energy regulator drew up plans over the weekend to put the company into a special administration process designed to protect Bulb’s 1.7 million household customers, according to industry sources.

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from The Guardian https://ift.tt/3nDpbdI