|
|
|
|
|
Just Energy Announces Sale of Japanese Business
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Just Energy Group Inc. today announced that it has sold all of the shares of Just Energy Japan KK ("Just Energy Japan") to Astmax Trading, Inc.
"The purchase price was nominal, as the business was still in its start-up phase with more liabilities than assets and had fewer than 1,000 customers," Just Energy said
"The sale of Just Energy Japan further exemplifies the Company’s commitment and focus to optimize the organization and concentrate on its North American operations," said Scott Gahn, President and Chief Executive Officer of Just Energy. "The sale eliminates ongoing funding requirements for the Japanese business, as we continue to focus on our business continuity plans during these unprecedented times and on the health and safety of our employees, customers and communities."
ADVERTISEMENT Copyright 2010-20 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
April 13, 2020
Email This Story
Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Senior Energy Intelligence Analyst -- Energy Procurement
• NEW! -- Channel Partner Sales Manager -- Retail Supplier
• NEW! -- Energy Procurement Manager
• NEW! -- Channel Relations Manager -- Retail Supplier
• Senior Retail Energy Markets Pricing Analyst
• Energy Market Analyst -- DFW
|
|
|
|