Consent to transfer electricity supply licence - E E Solutions Ltd
Licence transfer
- Publication date
- Industry sector
- Supply and Retail Market
- Licence type
- Electricity Supply Licence
CONSENT TO TRANSFER SECTION 7A OF THE ELECTRICITY ACT 1989
Whereas
A. Eco Green Management Limited (company registration number 06957198) (“the transferor”) is the holder of Electricity Supply (“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. 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. Eco Green Management Limited has applied to the Authority for its consent to transfer the licence to E E Solutions Limited (company registration number 06748590), (“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 25 January 2024 and three objections were received within the period of the notice, these were duly considered as part of the determination of the application.
Consent to transfer
With effect from 02 April 2024 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 02 April 2024.
Carmel Golden 02 April 2024
Duly authorised on behalf of the Gas and Electricity Markets Authority