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1. en.wikipedia.org › wiki › Bulb_EnergyBulb Energy - Wikipedia

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   Bulb Energy Ltd., trading as Bulb, was an energy supply company in the United Kingdom acquired by Octopus Energy in 2022. Founded in 2013, the company attracted venture capital from DST Global and Magnetar Capital and ran at a financial loss while achieving rapid growth in customers.

2. www.bulb.co.ukBulb - The energy company

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   Bulb - The energy company

3. www.bbc.co.uk › news › business-64052845Takeover of failed energy firm Bulb is completed - BBC News

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   Dec 21, 2022 · Octopus Energy has completed its acquisition of the collapsed energy supplier Bulb - even though legal challenges to the deal remain ongoing. Bulb, which has about 1.6m customers, was the...

4. octopus.energy › press › octopus-energy-completesOctopus Energy completes acquisition of Bulb

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   Dec 21, 2022 · London, 21st December 2022 - The completion of the deal to transfer Bulb customers to Octopus Energy took place last night, bringing vital reassurance to Bulb’s 1.5 million customers following a year of uncertainty.

5. www.bbc.com › news › business-63805028Why energy firm Bulb's collapse may cost you £200 - BBC

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   Dec 1, 2022 · Energy firm Octopus Energy is on track to buy collapsed rival Bulb which is being run by administrators after being bailed out by taxpayers. You may not be one of Bulb's 1.6 million...

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6. www.bbc.co.uk › news › business-59373198Energy firm Bulb set to go into administration - BBC News

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   Nov 22, 2021 · Bulb Energy, which has 1.7 million customers, has announced that the firm will be put into administration. It is the largest UK energy company to face difficulties following a sharp rise in ...

7. People also ask

   What happened to Bulb Energy?

   • Bulb Energy, which has 1.7 million customers, has announced that the firm will be put into administration. It is the largest UK energy company to face difficulties following a sharp rise in wholesale gas prices this year.

   Energy firm Bulb set to go into administration - BBC News

   www.bbc.co.uk/news/business-59373198

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   Who owns Bulb Energy?

   • In October 2022, Octopus Energy announced they planned to acquire Bulb's 1.5 million customers and 650 staff. The acquisition was completed on 21 December 2022. Bulb Energy Ltd. was incorporated in April 2013 under Regent Power Ltd. and was known as Hanbury Energy Ltd. between June and October 2015. Its parent company is Simple Energy.

   Bulb Energy - Wikipedia

   en.wikipedia.org/wiki/Bulb_Energy

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   Is bulb a'special administration' energy company?

   • It is the largest UK energy company to face difficulties following a sharp rise in wholesale gas prices this year. Bulb will become the first energy company to be placed into "special administration", where it is run by the government through the regulator Ofgem.

   Energy firm Bulb set to go into administration - BBC News

   www.bbc.co.uk/news/business-59373198

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   Where is bulb based?

   • Its headquarters moved in February 2019 from offices at Hanbury Street, Shoreditch to Bishopsgate in the City of London. In 2018, Bulb was the UK's largest renewable energy supplier, and the UK's seventh-largest energy supplier, smaller only than the "Big Six".

   Bulb Energy - Wikipedia

   en.wikipedia.org/wiki/Bulb_Energy

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   Is bulb a good company?

   • Deborah Davenport, from Easton on the Hill in the East Midlands, said Bulb's customer service was "absolutely brilliant". While renovating her cottage which involved installing solar panels and a new gas supply, Ms Davenport said there were a few "hiccups" with meter readings and bills, but added Bulb solved the problems promptly.

   Energy firm Bulb set to go into administration - BBC News

   www.bbc.co.uk/news/business-59373198

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   Does bulb have a profit share agreement?

   • Taxpayers will also benefit from a profit share agreement for up to four years, which will see them get a share of the profits the ringfenced business makes during this time. Since Bulb has been in Special Administration, the company did not hedge for the energy it has been supplying to its customers.

   Octopus Energy completes acquisition of Bulb

   octopus.energy/press/octopus-energy-completes-acquisition-of-bulb/

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8. www.bloomberg.com › news › articlesOctopus Will Return £3 Billion to UK for Bulb Takeover ...

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   5 days ago · The UK government will be repaid £3 billion ($3.8 billion) by Octopus Energy Ltd. after stepping in to help the company in its takeover of Bulb Energy Ltd, which failed during the energy crisis.