Bulb Energy: the troubled hunt for a buyer

Nearly six months on – amid mounting embarrassment and expense – the need to offload Bulb is becoming pressing

Bulb Energy Ltd
RIP: ‘the fastest-growing company in Europe’
(Image credit: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

“We do not want this company to be in this temporary state longer than is absolutely necessary,” Business Secretary Kwasi Kwarteng told Parliament last November, when announcing the £1.7bn quasi-nationalisation of Bulb Energy. Nearly six months on – amid mounting embarrassment and expense – the need to offload Bulb is becoming pressing, said Gill Plimmer, Michael O’Dwyer and Jim Pickard in the Financial Times.

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