FERC Approves NRG Energy Acquisition Of Direct Energy (Was Final Regulatory Approval Needed)

November 25, 2020

Email This Story
Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

FERC issued an order approving the application of NRG Energy, Inc. (NRG), Direct Energy Marketing Inc. (Direct Marketing), Direct Energy Services, LLC (Direct Services), Direct Energy Business, LLC (Direct Business), Direct Energy Business Marketing, LLC (Direct Business Marketing), and Gateway Energy Services Corporation (Gateway) for a transaction whereby NRG will acquire all the equity interests in Direct Marketing, Direct Services, Direct Business, Direct Business Marketing, and Gateway (collectively, Direct Companies)

See background on NRG's acquisition of Direct Energy here

FERC approval had been the final regulatory approval needed for the transaction

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Lead Data Analyst -- Retail Supplier
• NEW! -- Senior Energy Pricing Analyst
• NEW! -- Senior Energy Advisor
• NEW! -- Financial Analyst -- Retail Supplier -- DFW
• NEW! -- Sr. Energy Intelligence Analyst
• NEW! -- Channel Partner Sales Manager -- Retail Supplier
• NEW! -- Sr. Billing Analyst -- Retail Supplier
• NEW! -- Director of Regulatory Affairs -- Retail Supplier -- Houston