Flemish energy supplier bankrupt due to high energy prices, 70,000 customers have to look for a new supplier

Electricity prices and especially gas prices have risen enormously in recent months. This applies not only to private individuals and companies, but also to energy suppliers that do not produce energy themselves, such as the Flemish Energy Supplier.

Flemish Energy Supplier bought its electricity and gas on the short-term market, but has had to put a lot on the table for months. They were unable to pass on these higher purchase prices to their customers.

The company only became active as a price breaker in 2019. The customers of the Flemish Energy Supplier will now receive power through grid operator Fluvius until they have found a new supplier. The last bankruptcy in the energy market was Belpower in 2018.

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