Eon boss laments £300m ‘black hole’ left by failed suppliers

Eon UK boss Michael Lewis has called for the sector to stamp out the drivers of poor behaviour after recent supplier failures left behind a £300 million "black hole of debt". Lewis was speaking in response to the news that more than £33 million is to be mutualised after suppliers failed to pay their renewables obligation (RO). It is the third year in a row that missed payments have been mutualised.

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