Retail Supplier In Negotiations To Be Sold
September 2, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
The following story is brought free of charge to readers byEC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Note: This story was first published on Sept. 2 with an alert to our email subscribers
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