July 27, 2018 / 9:20 AM / 2 months ago

UK energy supplier Iresa has ceased trading -Ofgem

LONDON, July 27 (Reuters) -

* British energy supplier Iresa has ceased trading, energy market regulator Ofgem said on Friday

* Iresa has less than 100,000 domestic customers

* The energy supply of Iresa customers will continue as normal and their outstanding credit balances are protected under Ofgem’s safety net, the regulator said

* Ofgem will choose a new supplier to take on Iresa’s customers. This supplier will contact customers individually when this process is complete (Reporting by Nina Chestney; editing by Jason Neely)

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