Tesla's energy business wins approval to supply electricity in UK
LONDON, March 12 (Reuters) - Britain's energy regulator Ofgem said on Thursday it had approved an electricity supply licence for Tesla Energy Ventures Limited, a subsidiary of Tesla, allowing the company to provide power to households and businesses across Britain.
The authorisation took effect on Wednesday after a months-long assessment process.
Ofgem said the licence covers electricity supply activities only and is separate from an existing generation licence held by Tesla Motors Limited.
(Reporting by Sam Tabahriti; Editing by Kate Holton)
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