November 18, 2021
Pogo Energy, LLC, (Debtor) has filed with a bankruptcy court a proposed plan of reorganization (the "Plan") that would see the reorganized company continue service to retail customers, as Pogo has reached a settlement with its wholesale supplier and credit provider Luminant
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November 17, 2021
Liberty Power Holdings, LLC and relevant affiliates (Liberty, or Debtors) informed a bankruptcy court that the Debtors are still working towards a "solution" for those Texas customers not included in a book sale to NRG
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November 15, 2021
Environ Energy, LLC, a newly adopted name for broker/consultant Hospital Energy, LLC, disclosed in a regulatory filing that it recently, "purchased a material portion of the business assets of Gotham Energy 360, LLC," a New York-based energy management consultant and broker
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November 12, 2021
Just Energy Group Inc. ('Just Energy' or the 'Company'), along with its affiliates Just Energy Texas LP, Fulcrum Retail Energy LLC, and Hudson Energy Services LLC (the 'Just Energy Parties'), today initiated a lawsuit (the 'Lawsuit') against the Electric Reliability Council of Texas ('ERCOT') and…
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November 11, 2021
Just Energy Group Inc. ('Just Energy' or the 'Company') announced that the Ontario Superior Court of Justice (Commercial List) (the 'Court') has, among other things, approved (i) the extension of the stay period under the Companies’ Creditors Arrangement Act (Canada) ('CCAA') to February 17, 2022…
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November 8, 2021
Josco Energy USA, LLC is assigning 33 residential natural gas supply customer contracts to Median Energy Corp.
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November 5, 2021
Liberty Reports Sale Process For Remaining Book Did Not Produce Buyer, Seeks To Drop Remaining Customers To Default Service
Liberty Power Holdings, LLC and related affiliates (Liberty, or Debtors) asked a bankruptcy court to approve an amended customer book purchase agreement with NRG under which NRG agrees that it will no longer acquire any Connecticut customers from Liberty as originally contemplated
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November 5, 2021
Vistra reported third quarter 2021 Adjusted EBITDA from the Retail segment of $65 million, $205 million higher than third quarter 2020 results (which saw negative $140 million in Adjusted EBITDA for the Retail segment), "driven by the execution of Vistra's self-help initiatives following Uri and…
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November 4, 2021
In reporting third quarter earnings, Via Renewables, Inc. (formerly Spark Energy) reported that its total RCE count was 368,000 as of September 30, 2021, compared to 347,000 as of June 30, 2021
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November 4, 2021
During a quarterly earnings call today, NRG executives discussed its retail strategy for 2022.
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November 3, 2021
Source Power Company has closed on the purchase of a book of electricity supply customers in the Niagara Mohawk Power Corporation d/b/a National Grid service territory in New York
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November 2, 2021
VertexOne Acquires EC Infosystems, Fulfilling Energy Market Need for End-to-End Technology Solutions
The combination of VertexOne and EC Infosystems creates a portfolio of business solutions perfect for utilities and retail energy companies of all sizes, commodities, and markets.
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November 2, 2021
BKV Corporation (BKV), in partnership with Banpu Power US Corporation, announced today that they have closed on their previously reported purchase of the Temple 1 power plant, a natural gas-fueled power plant, located in Temple, Texas, for $430 million.
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November 2, 2021
Gasearch CEO Susan Faith filed the letter below with the Public Utilities Commission of Ohio on November 2 in which Faith states that a suitor is prepared to proceed with a merger/acquisition of Gasearch and that such suitor could have financial commitments ready as early as November 2
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November 2, 2021
Arcadia, which offers RECs and community solar and continues to serve customers under its retail energy shopping service, announced the acquisition of iSolar, which is described as the country’s largest direct sales channel for community solar.
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November 1, 2021
Just Energy Group Inc. ("Just Energy" or the "Company") announced today that Generac Holdings Inc. ("Generac") announced the signing of an agreement to acquire all of the issued and outstanding shares of ecobee Inc. ("ecobee"), including all of the ecobee shares held by Just Energy.
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October 22, 2021
Via Renewables, Inc. ("Via Renewables" or the "Company", formerly Spark Energy) announced an amendment and extension (the 'Amendment') of its senior secured credit facility (the 'Facility') and an extension of its $25 million subordinated debt facility with its majority shareholder.
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October 21, 2021
Working On Sale For Remaining Small Book Supplier Says, Generally, Its Current Market Rates Exceed SOS Rates
Liberty Power Holdings, LLC and certain affiliates (Debtors or Liberty) filed a motion in a bankruptcy court seeking authority to reject certain non-residential contracts which will not be part of any sale to other retail suppliers
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October 16, 2021
At the request of the Investment Industry Regulatory Organization of Canada, Just Energy Group Inc. ('Just Energy' or the 'Company') announced today that, "the Company wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for…
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October 15, 2021
Will Exit U.K. Market
Genie Energy Ltd announced that it has suspended the previously reported planned public offering and spin-off of its European retail energy supply business, Oriel Energy, "in light of the impacts of the extreme volatility in the United Kingdom's energy markets on the retail energy supply industry."
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October 13, 2021
Pogo Energy, LLC ('Debtor') requested that a federal bankruptcy court extend the periods of time under sections 1121(c)(2) and (3) of the Bankruptcy Code within which only the Debtor may file a plan and solicit acceptances of the plan (the 'Exclusivity Periods') by 60 days, stating that Debtor and…
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October 12, 2021
Vistra Corp. (the "Company" or "Vistra") today announced a new $2 billion share repurchase program and the pricing of a private offering (the "Offering") of 1,000,000 shares of its 8% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock (the "Preferred Stock") to qualified…
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October 12, 2021
Names Former Netflix Corporate Planning Exec As CFO
Retail energy broker and electricity shopping website & platform WattBuy announced it has raised $10 million in additional investment for its Series A round of funding.
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October 6, 2021
Apex Clean Energy and Ares Management Corporation today announced that funds and other accounts managed by Ares’ Infrastructure and Power strategy have entered into an agreement to acquire a majority stake in Apex.
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September 27, 2021
Pogo Energy, LLC (Debor) filed a motion in its bankruptcy proceeding seeking a court order to compel mediation with Luminant Energy Company, its credit facility provider and QSE
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