💨 Abstract

Renewable energy firm Ripple Energy, which allows customers to co-own wind turbines or solar farms in the UK, is on the brink of administration, affecting over 20,000 Britons. The company filed a notice of intention to appoint an administrator on Monday, a precursor to administration or potential sale. Ripple Energy powers energy suppliers including Octopus Energy, E.on Next, and Good Energy.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖