special administration

Octopus Energy secured Bulb's services in December 2022. Image: Bulb.
December 21, 2022

Octopus acquisition of Bulb completed bringing end to ‘huge financial exposures for taxpayers’

​Octopus Energy has now completed the acquisition of Bulb Energy, as of 23:58 on 20 December 2022.
Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.
October 31, 2022

Octopus Energy to take on Bulb’s 1.5 million customers to become third biggest supplier

​Octopus Energy is to take on Bulb’s 1.5 million customers, as it wins out in buying the failed supplier.
Octopus Energy secured Bulb's services in December 2022. Image: Bulb.
October 24, 2022

OVO reportedly bids for Bulb

​OVO has reportedly made an eleventh hour bid to buy nationalised energy supplier Bulb.
Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.
June 27, 2022

Centrica reportedly pulls out of auction for Bulb

​Centrica has reportedly pulled out of the auction to buy failed supplier Bulb, as the deadline to bid looms.
Octopus Energy, Good Energy and E.On pay £8 million due to missed payments to customers. Image: Getty.
June 22, 2022

Ofgem’s approach to licensing allowed market that was vulnerable to large-scale shocks, finds NAO

Ofgem’s approach to licensing and monitoring increased the risk of supplier failures, a new report from the National Audit Office (NAO) has found.
Octopus Energy secured Bulb's services in December 2022. Image: Bulb.
November 22, 2021

Bulb to enter special administration

​Energy supplier Bulb is to enter into special administration, pointing to the continuing energy crisis.

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