Octopus Energy's Acquisition of Bulb Under Scrutiny in Court of Appeal ...Middle East

The UK government’s sale of collapsed energy firm Bulb is at the centre of focus of an appeal today as British Gas and E.ON seek a judicial review on the deal. Under the former Conservative government, an agreement was reached in October 2022 with the special administrators of Bulb for it to be acquired by Octopus Energy. Under the agreement, Bulb’s 1.5m customers were transferred to Octopus Energy. It was reported in July 2022 that Octopus was the only firm to submit a final offer bid for Bulb. However, in 2023, Gas Trading, ScottishPower…

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