Energiekontor UK PI Ltd - Notice of consent to transfer an electricity generation licence to Energyfarm UK Pines Burn LLP
Decision
Publication date
Company
Industry sector
Generation and Wholesale Market
Licence type
Electricity Generation Licence
CONSENT TO TRANSFER
SECTION 7A OF THE ELECTRICITY ACT 1989
Whereas
A. Energiekontor UK PI Ltd (company registration number - SC624998) (“the transferor”) is the holder of an Electricity Generation licence (“the Licence”) granted under section 6(1)(a) of the Electricity Act 1989 (“the Act”).
B. Section 7A of the Act provides that an Electricity Generation licence may be transferred by the licence holder –
(i) with the consent of the Gas and Electricity Markets Authority (“the Authority”); and.
(ii) subject to any term of the licence relating to its transfer
C. Paragraph 2 of Part 1 of the Licence provides that the Licence is subject to transfer in accordance with the Act, the special conditions or the conditions.
D. Energiekontor UK PI Ltd has applied to the Authority for its consent to transfer the licence to Energyfarm UK Pines Burn LLP (company registration number OC428008), (“the transferee”).
E. The transferee has satisfied the Authority as to the criteria set out in section 7A(6) of the Act;
F. The Authority gave notice under section 7A(9) of the Act of its intention to consent to the transfer of the licence on 19 May 2020 and no objection was received within the period of notice.
Consent to transfer
With effect from 16 June 2020 the Authority, pursuant to section 7A of the Act, consents to the transfer of the whole of the licence to the transferee which is now proposed to take place on 18 June 2020
Barry Coughlan
Duly authorised on behalf by the Gas and Electricity Markets Authority