COMPANY NEWS

City Leap  BE

More bad news for the council’s City Leap energy project. Accounts lodged at Companies House for 2021-22 show that Bristol Heat Networks Ltd registered a loss of £937,471. A loss that will have to be paid by council tax payers.

The council wanted to sell the business to Swedish state energy company, Vattenfall, by December 2022 as part of City Leap. A deadline that’s been missed. So who pays the losses since March? Will the sale price even cover these losses?

Meanwhile, Goram Homes,the council’s housebuilding firm reported a loss of £850,730. Creating aloss of £2.4m since the council started the company

Crisis-hit BristolWaste are yet to file accounts.

More up-to-date City Leap news coming soon!

Leave a Reply

Your email address will not be published.