Retail Supplier In Negotiations To Be Sold
September 2, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Choice Energy, LLC is negotiating an equity purchase agreement pursuant to which PowerLink Partners, LLC would purchase 100% of the equity interests of Choice Energy, and, after a transition period, would operate Choice Energy as an additional retail supplier subsidiary of PowerLink.
Choice Energy is a retail electric supplier, licensed by state authorities in Connecticut, Maine (presently inactive), Massachusetts, New Jersey, Ohio and Pennsylvania.
PowerLink presently owns and/or controls one retail supplier subsidiary, Trident Retail Energy, LLC d/b/a Trident Power
Choice Energy and PowerLink have sought FERC approval for the transaction
The companies are targeting a transaction closing date of on or about September 30, 2018