Lights off for British Energy?


British Energy, the UK’s biggest electricity producer, is the latest thorn in bondholders’ sides. The utility stunned investors in September by admitting it faced a cash crisis only two weeks after publicly stating it was solvent. The government was forced to step in and provide £410 million in emergency working capital to allow the company to continue providing electricity. As Credit was going to press, the government announced the rollover of the facility, which was scheduled to ex

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: