Notice of consent to transfer an Electricity Supply Licence from Green Energy Limited to Green Energy (UK) plc
Decision
Publication date
Company
Industry sector
Supply and Retail Market
Licence type
Electricity Supply Licence
Consent to transfer
Section 7A of the Electricity Act 1989
Whereas
A. Green Energy Limited (company registration number 07109264) (“the transferor”) is the holder of an electricity supply licence (“the Licence”) granted under section 6(1)(d) of the Electricity Act 1989 (“the Act”).
B. Section 7A of the Act provides that an electricity supply 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. Pararaph 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. Green Energy Limited has applied to the Authority for its consent to transfer the licence to Green Energy (UK) plc (company registration number 04194006), (“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 30 September 2014 and no objection was received within the period of notice.
Consent to transfer
The Authority, pursuant to section 7A of the Act, consents to the transfer of the whole of the licence to the transferee with effect from 22 December 2014.
The Official Seal of the Authority hereunto affixed is authenticated by:
Lesley Nugent
Authorised in that behalf by the Gas and Electricity Markets Authority