Sale of collapsed energy company Bulb delayed by High Court over 'very serious concerns'

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In October, Octopus Energy announced it had sealed a deal to buy its rival and would be taking on Bulb's 1.5 million customers after the firm was placed into special administration in November 2021.

The sale of collapsed energy company Bulb has been delayed by a High Court judge after concerns were raised by rival firms., who announced it would be taking on Bulb's 1.5 million customers after the company was placed into special administration last year.

However, despite the BEIS saying the sale will be completed following a statutory process called an energy transfer scheme and Energy Secretary Grant Shapps giving the plan his approval, the date of when it will take place has now been pushed back.

 

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As a bulb customer octopus was the better option - their customer service reviews were amazing ! Whereas all I see are complaints about the others

Octopus are the only respectable energy firm out there. Of course the other greedy players would complain.

British Gas......concerned about dodgy dealings....

I have to say that Octopus have been brilliant for me so far

Big boys have cried to the courts and government cos they want the extra customers, not the other company? Standard.

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