Source · Select Committees · Public Accounts Committee
Recommendation 1
1
Committee took evidence from various bodies on Bulb Energy's transfer and sale.
Conclusion
On the basis of a report by the Comptroller and Auditor General, we took evidence from the Department for Energy Security and Net Zero (the Department) and HM Treasury on Bulb Energy.1 We also took evidence from Octopus Energy Group Limited (Octopus), Ofgem and one of the three appointed special administrators from Teneo Financial Advisory Limited (special administrators also referred to as Teneo throughout this report). Transfer of Bulb into SAR and eventual sale to Octopus
Government Response
A response document is linked to this report, dated 14 February 2024. Response attribution to this conclusion has not been verified. Read the response document ↗