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Utilita receives permission to appeal UK energy regulator’s decision

( September 21, 2023, 11:19 GMT | Official Statement) -- MLex Summary: Utilita Energy has been granted permission to appeal a decision by the Gas and Electricity Markets Authority to introduce minimum capital requirements on suppliers. The company asked the Competition and Markets Authority to quash GEMA’s decision, requiring suppliers to retain a buffer for each customer against severe shocks. A final decision will be made by Jan. 21, 2024, the CMA said.The CMA's decision is attached....

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