Bulb Energy

(asked on 15th November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 15 November to Question 83507on Bulb Energy, whether his Department knew how much money had been drawn down under the funding agreement by Bulb Energy when a deal was agreed with Octopus Energy on the sale of Bulb.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 30th November 2022

Yes. The Government scrutinises and approves draw down requests received by Teneo under the funding agreement. To date, the total drawn down amount under the funding agreement is £1.143bn.

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