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Spark Energy, the Selkirk-based power supplier with 350 staff, is to undergo a management buy-out for undisclosed terms.
Spark Energy is planning to expand the 300-strong workforce at its Selkirk-based energy supply business with 60 new jobs this year.
Spark Energy is planning to expand the 200-strong workforce at its Selkirk-based gas and electricity supply business with 50 new jobs.
Spark Energy, the gas and electricity supplier, is to relocate its headquarters from Edinburgh to Selkirk, with the creation of up to 150 jobs over the next four years.