Global Infrastructure SherpaTesla Energy Ventures Limited receives license to supply electricity in Great Britain
Tesla Energy Ventures Limited, a subsidiary of Tesla, has received a license from Ofgem, the independent British energy regulator, to supply electricity to homes and businesses in Great Britain. The license was formally approved by Ofgem's governing body, the Gas and Electricity Markets Authority, under the Electricity Act of 1989. This approval allows Tesla Energy Ventures Limited to operate as an electricity supplier in England, Scotland, and Wales, subject to compliance with all license conditions.
Counterparts (2)
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- Tesla Energy Ventures Limited secured a license to supply electricity in Great Britain.
- Ofgem's Gas and Electricity Markets Authority formally approved the move.
- Authority granted under the Electricity Act of 1989 for England, Scotland, and Wales.
- Deal announced March 11, 2026.
Source Intelligence
The license was approved by Ofgem's governing body, the Gas and Electricity Markets Authority, under the Electricity Act of 1989. The application, evaluation, and approval process took several months, from July 2025 to March 2026. The license allows Tesla Energy Ventures Limited to supply electricity to homes and businesses. Quote for regulatory body: "Según informó Ofgem en un comunicado, la licencia a la filial de Tesla ha sido aprobada formalmente por su órgano rector, la llamada Autoridad de los Mercados de Gas y Electricidad, en virtud de la Ley de Electricidad de 1989." Quote for process duration: "La aprobación ha sido concedida tras un riguroso proceso de solicitud, evaluación y aprobación que se llevó a cabo durante varios meses -de julio de 2025 a marzo de 2026-, añadió el regulador." Quote for supply target: "para suministrar electricidad a hogares y empresas en Gran Bretaña."
"Tesla Energy Ventures Limited, filial de la compañía Tesla de Elon Musk , ha recibido luz verde de Ofgem , el regulador independiente británico de la energía, para suministrar electricidad a hogares y empresas en Gran Bretaña."
Timeline
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