Symbio Energy Solutions LLP - Notice of consent to transfer an electricity generation licence to Symbio Energy Limited

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.  Symbio Energy Solutions LLP (company registration number OC375128) (“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.  Symbio Energy Solutions LLP has applied to the Authority for its consent to transfer the licence to Symbio Energy Limited (company registration number 07999360), (“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 23 June 2016 and no objection was received within the period of notice.

Consent to transfer

With effect from 30 August 2016 the Authority, pursuant to section 7A of the Act, consents to the transfer of the whole of the licence to the transferee which is proposed to take place on 1 September 2016.

The Official Seal of the Authority hereunto affixed is authenticated by:

Lesley Nugent

Authorised in that behalf by the Gas and Electricity Markets Authority