Corona Energy Retail 5 Limited - Notice of proposal to transfer an electricity supply licence to Corona Energy Retail 4 Limited

Publication date
20th May 2016
Information type
Policy area

Notice under section 7A(9) of the Electricity Act 1989 (as amended) of the proposed transfer of an Electricity Supply held by Corona Energy Retail 5 Limited to Corona Energy Retail 4 Limited

The Gas and Electricity Markets Authority (‘the Authority’) hereby gives notice pursuant to Section 7A(9) of the Electricity Act 1989 (as amended) (‘the Act’) as follows:

1.  Corona Energy Retail 5 Limited, (company registration number 07545410), the registered office of which is Edward Hyde Building, 38 Clarendon Road, Watford, WD17 1JW, United Kingdom has written to the Authority seeking its consent under Section 7A of the Act to the transfer of the Electricity Supply licence granted to Corona Energy Retail 5 Limited, pursuant to section 6(1)(d) of the Act to Corona Energy Retail 4 Limited  (company registration number 02798334), the registered office of which is at Edward Hyde Building, 38 Clarendon Road, Watford, WD17 1JW, United Kingdom.

2.  The Authority proposes to grant consent to the proposed licence transfer which, subject to our consent, is currently proposed to take place on 27 July 2016, for the following reasons:

(i)  Corona Energy Retail 5 Limited has applied to the Authority under Section 7A of the Act for the Authority’s consent to the transfer of the Electricity Supply licence to Corona Energy Retail 4 Limited; and

(ii)  The Authority is satisfied that it would have been appropriate to grant an Electricity Supply licence to Corona Energy Retail 4 Limited had Corona Energy Retail 4 Limited applied to the Authority for such a licence and as such considers that it is appropriate to consent to a transfer of an existing Electricity Supply licence to Corona Energy Retail 4 Limited.

3.  Any representations or objections in relation to the proposal by the Authority to grant consent to the proposed licence transfer should be made in writing no later than 15 July 2016 to the Authority, either:

by post to: the Gas and Electricity Markets Authority, 9 Millbank, London, SW1P 3GE marked for the attention of Industry Codes and Licensing or by email to: licensing@ofgem.gov.uk

Signed:Lesley Nugent           Duly authorised on behalf of the Authority