The final liquidation report for Robin Hood Energy has confirmed that more than £50 million in debts remain unpaid, according to a report from the BBC’s Local Democracy Reporting Service.
The Nottingham City Council-owned energy company, established in 2015, collapsed five years ago. It left 347 claims from individuals and businesses totaling £67.1 million. Only £13.7 million has been repaid, with most creditors unlikely to recover their money.
An independent review showed significant governance failures, and the losses were a key factor in Nottingham City Council’s economic crisis. In November 2023, the council issued a Section 114 notice, signaling its inability to balance its budget.
