Robin Hood Energy confirmed this week that it lost £23.1 million in the year April 2018 to March 2019.
Beleaguered small energy provider GnERGY has now ceased trading, following struggles to pay its debt to Ofgem.
Gnergy has been issued with a notice of failure to comply with a final order over unpaid Renewables Obligation payments by Ofgem.
Two senior members of staff have been terminated from Robin Hood Energy, as the management team undergoes a shakeup.
Regulator redistributes late payment fees in latest instalment of certificate scheme seen as too tough to navigate for smaller suppliers.
Ofgem has issued a Final Order to supplier GnERGY, after the company failed to pay its outstanding payments for its Renewables Obligations (RO).
Four energy suppliers have been ordered by Ofgem to pay outstanding Renewables Obligations fees by the end of the month or risk having their licences revoked.