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25.11 - 10:15
‘It was greenwashing’: Bulb Energy critics saw collapse coming
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Bulb Energy was once the fastest-growing supplier in Britain’s energy market, and one of the UK’s most celebrated startups.
But the company may be best remembered as the biggest casualty of the energy market crisis after it handed the responsibility for supplying gas and electricity to 1.7m homes to a special administrator on Monday.
Its collapse marks a catastrophic fall from grace for a company which in the space of six years won the approval of government ministers and catapulted its chief executive, Hayden Wood, to leading positions in a string of business initiatives including the government’s Council for Sustainable Business.
The company was founded in east London in 2015 by early-thirtysomething entrepreneurs Amit Gudka and Wood with
Read more on theguardian.comAbout this in other media
Was Bulb as green as it claimed to be? theguardian.com /2 years ago
UK supplier Bulb Energy to run under ‘special administration’ through winter theguardian.com /2 years ago
‘I dread a new provider’: Bulb customers mourn its collapse theguardian.com /2 years ago
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