|
|
|
|
Via Renewables Acquires Another Broker Book
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
In a 10-Q, Via Renewables, Inc. reported the acquisition of another broker book.
Specifically, Via reported that, "In January 2022, we entered into an asset purchase agreement to acquire the rights to broker contracts for approximately 900 customer meters for a cash price of $0.6 million, pending certain conditions to close. We paid approximately $0.3 million as a deposit at the time the asset purchase agreement was executed. The conditions to close were met in June 2022, at which time approximately $0.3 million was paid to the seller."
This broker book acquisition is separate from a previously reported acquisition entered into in January 2022, which had been reported in a 10-Q for the first quarter of 2022. As previously reported, in this separate transaction, Via had entered into an asset purchase agreement and agreed to acquire the rights to broker contracts for approximately 1,000 customer meters for a cash price of $0.4 million, which was paid upon execution of the contract.
Additional details from Via Renewables' 10-Q will follow in a subsequent story
ADVERTISEMENT Copyright 2010-21 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
August 4, 2022
Email This Story
Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Controller for C&I-only Retail Electricity Supplier
• NEW! -- Energy Advisor, PJM -- Retail Supplier
• NEW! -- Senior Retail Transportation Analyst (Gas Transport Services)
• NEW! -- Sales Business Development Manager – Residential Sales
-- Retail Supplier
• NEW! -- Regulatory Affairs Specialist
-- Retail Supplier -- Houston
• NEW! -- Senior Supply & Schedule Analyst
-- Retail Supplier
• NEW! --
Field Analyst I, Sales Quality
-- Retail Supplier
• NEW! --
Regulatory Compliance and Strategy Manager
-- Retail Supplier
• NEW! --
Channel Marketing Strategy Lead
-- Retail Supplier
•
Accounting Manager -- Retail Supplier
•
Business Development Analyst -- Retail Supplier
•
Chief Sales and Marketing Officer -- Retail Supplier
•
Regional Manager: Power Marketing
• Gas Scheduler I - Retail Supplier
|
|
|