Belfast-based electricity company Bright Energy is in talks with another energy supplier about taking over its business, BBC News NI has learned.
It is understood Bright's owners have written to staff to say soaring energy costs meant it was no longer viable.When launched last July, Bright Energy said it aimed to create 20 full-time posts at its Belfast headquarters.The company has about 1,600 customers in Northern Ireland, but has said none will be left without electricity.Bright Energy, which is now wholly owned by the Maxol Group, aims to leave the energy market by February 2022.
"Wholesale energy prices are more than 200% higher since Bright launched in July 2020, offering 100% green electricity to households across Ireland.
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