Who took over CNG Energy?
Pathway to COP26 report
Pozitive Energy will take on customers of CNG Energy and CNG Electricity, which supply 41,000 non-domestic customers. SmartestEnergy will take on customers of MA Energy, which supplies 300 non-domestic customers.
Is CNG Energy in trouble?
CNG Energy has become the 20th energy provider to stop trading this year, affecting more than 40,000 customers. CNG supplies energy to around 41,000 businesses and is the latest victim of the energy crisis.
Who supplies gas to CNG?
Whilst CNG is well known as a supplier of gas to around 50,000 SMEs, a significant part of the business revolves around shipping gas around the network for other suppliers to their own customers.
Is CNG still trading?
CNG Energy has ceased trading amid soaring wholesale energy costs. The North Yorkshire based firm is the 19th to cease trading since September. The collapse of the struggling energy firm has left 41,000 business customers in need of rescue from Ofgem.