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Decision details

Bristol Holding Limited Group Company Business Plans 2020/21 - 2024/25

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval of the business plans in relation to Bristol Holding Company Ltd, Bristol Waste Company Ltd, Goram Homes Ltd and Bristol Energy Ltd

Decision:

1.     Cabinet approved the 2020/2021 Business Plan of Bristol Holding Limited (company number 9302408).

 

2.     Cabinet approved the 2020/2021 Business Plan of the Bristol Waste Company Limited (company number 09472624).

 

3.     Cabinet approved the 2019/2020 – 2024/2025 rolling Business Plan of the Bristol Energy Limited (company number 09135084).

 

4.     Cabinet noted that, pursuant to the Bristol Energy Business Plan approved in April 2019 for the period 2019/20-2023/2024, the following approvals remain in place in respect of the revised Business plan period (2020/2021 2024/2025):

a) a cash funding envelope of £37.7m, to support the core energy supply Business (this total cash funding includes any funding provided to BE to date); and

b) a limit of £17.6m on the parent guarantees and collateral support.

 

5.     Cabinet approved the 2019/2020 – 2024/2025 rolling Business Plan of Goram Homes Limited (company number 11597204).

Report author: Penny Fell

Publication date: 21/01/2020

Date of decision: 21/01/2020

Decided at meeting: 21/01/2020 - Cabinet

Effective from: 29/01/2020

Accompanying Documents: