Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether Simple Energy, the parent company of Bulb Ltd, is in the same Special Administration Regime as Bulb Energy.
Simple Energy Limited was taken in to ‘ordinary’ (not special) administration by its secured creditor on the same day as Bulb Energy entered special administration. Three individuals from Interpath Advisory were appointed administrators of Simple Energy Limited.
No payments have been made to service loans to Simple Energy Limited from investors during the Special Administration Regime (SAR).
This is a matter for the administrators of Simple Energy Limited which is in ‘ordinary’ and not special administration.