Together Energy is looking likely to collapse within weeks which will deepen the energy crisis in the UK.
The enrgy company has around 170,000 customers and they have been looking for additional funding which has to date been unsucceessful.
According to Sky News the Together Energy is set to run out of money this month and should the company collapse it will be the largest since Bulb was placed into administration last year.
Sky News reported that a source who is close to the process run by advisors are close to concluding their search for new emergency capital injection.
On Wednesday a spokeswoman for Together Energy insisted that they are “still in active conversations,” but Alvarez & Marsal (A&M), the professional services firm are yet to find any bailout and it is looking very remote that a solvent deal can be struck.
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