Smart meters supplier Bglobal has signed a deal with GnERGY to enable it to become a dual fuel energy supplier.
Bglobal’s subsidiary Utiligroup is providing its Supplier in a Box package to GnERGY. This is effectively a shell company that enables the new energy company to get to the market much quicker because of the technical support provided, including software, consultancy and, most importantly, a licence. This will be the seventh deal of this sort done by Bglobal.
At 9.62p a share, down 0.12p, Bglobal is valued at £10.2m.
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