HomeNews By CategoryMergers, Acquisitions & Finance
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
September 27, 2021
Octopus Energy Group today announced, "a major strategic partnership with Generation Investment Management, a firm established in 2004 to back businesses driving sustainability and the fight against climate change, in a deal that valued the UK entech pioneer at $4 billion pre-deal, and up to $4.6…
September 24, 2021
A1 Restoration, Inc., d/b/a A1 Energy, has acquired all of the stock of retail energy broker Susquehanna Energy Advisors, Inc. (SEA)
September 21, 2021
Talen Energy Corporation ("Talen") and its wholly-owned subsidiary Cumulus Growth Holdings LLC ("Cumulus Growth") announced today that, "they have taken additional steps forward in capitalizing and executing Talen's strategic transformation to a renewable energy and digital infrastructure growth…
September 16, 2021
Just Energy Group Inc. ("Just Energy" or the "Company") announced today that the Ontario Superior Court of Justice (Commercial List) (the "Court") has, among other things, extended the stay period under the Companies’ Creditors Arrangement Act (Canada) ("CCAA") to December 17, 2021 (the "Stay…
September 16, 2021
Respond Power LLC d/b/a Major Energy Electric Services, a brand of Via Renewables (f/k/a Spark Energy), is acquiring a book of retail electric customers from Starion Energy
September 15, 2021
Notes Recent Executive Additions
Arcadia today announced a $100 million Series D funding round led by Tiger Global Management and the Drawdown Fund with participation from new investors Wellington Management, Reimagined Ventures (the family office of Alec Litowitz, founder of Magnetar Capital), Camber Creek, MCJ Collective, and…
September 15, 2021
Retail energy supplier Inspire announced that it has officially completed its acquisition agreement with Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc.
September 10, 2021
Bankrupt Supplier Discusses Path Forward For Remaining RCEs, Potential POLR Drop
A bankruptcy court today approved the sale of a significant book of customers of Liberty Power Holdings, LLC (collectively, 'Liberty Power' or the 'Debtors') to NRG Retail, LLC, which had been previously designated as a stalking horse bidder
September 8, 2021
Major Energy Services, LLC, a brand of Via Renewables (f/k/a Spark Energy), is acquiring a book of retail natural gas customers from CIMA Energy Solutions, LLC
September 1, 2021
Priority Power Management, LLC (Priority Power) announced today a $250 million investment from funds managed by Oaktree Capital Management, L.P. (Oaktree) and other select institutional investors.
August 31, 2021
An auction for certain assets of Liberty Power Holdings, LLC and related debtors ("Liberty"), which are currently engaged in bankruptcy proceedings, has been cancelled
August 31, 2021
Approved Oil Company, which is part of the Approved family of companies, announced that it has acquired Star Industrial Services Company, a boiler and burner service company serving commercial and industrial customers in New York City
August 26, 2021
FERC has approved Exelon's proposed transaction to separate Exelon Utilities, comprised of the company's six regulated electric and gas utilities, and Exelon Generation, its competitive power generation and customer-facing energy businesses, including its competitive retail supply business, into two…
August 26, 2021
A bankruptcy court has approved a motion from Liberty Power Holdings, LLC, Liberty Power District of Columbia, LLC, LPT, LLC, and Liberty Power Maryland, LLC (collectively, Liberty or Debtors) to designate NRG Retail, LLC as a stalking horse bidder for certain assets of Liberty
August 20, 2021
Expected Sale Price, Bidder Disclosed Bankrupt Retail Supplier Serving Over 100,000 RCEs
Liberty Power Holdings, LLC, Liberty Power District of Columbia, LLC, LPT, LLC, and Liberty Power Maryland, LLC (collectively, Liberty or Debtors') have filed for approval at a bankruptcy court to designate NRG Retail, LLC as a stalking horse bidder
August 17, 2021
Comcast Ventures, which as first reported by EnergyChoiceMatters.com earlier this month led a $4.5 million seed round of financing into Branch Energy , said that it can "lean on" Comcast's assets in achieving growth at Branch Energy
August 12, 2021
BKV Corporation, in partnership with Banpu Power US Corporation, has signed a purchase and sale agreement to purchase all of the equity interests in Temple Generation Intermediate Holdings II, LLC, the entity that owns, through its subsidiary Temple Generation I, LLC, the Temple 1 power plant in…
August 12, 2021
Public Service Enterprise Group (PSEG) has entered into an agreement to sell its 6,750-megawatt fossil generating portfolio to newly formed subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC for aggregate consideration of approximately $1.92…
August 11, 2021
Branch Energy, which describes itself as a, "tech-powered, green energy provider," announced that it has raised $4.5 million in its seed round
August 9, 2021
NRG Energy, Inc. announced that it intends to commence an offering of $1.1 billion in aggregate principal amount of senior notes due 2032 (the 'New Notes').
August 6, 2021
Eligo Energy, LLC has acquired 100% ownership of Phoenix Energy Group, LLC, an ESCO operating in the State of New York.
August 5, 2021
In reporting earnings today, Genie Energy, Ltd. said that, "Genie is conducting a strategic review of its businesses in part to address the different investment profiles of its U.S. and European businesses and to enhance shareholder value across its operations."
August 5, 2021
NRG Reports Impairment Losses Due To Planned Retirement Of PJM Assets
NRG Energy reported Adjusted EBITDA, (excluding Winter Storm Uri impacts), of $656 million for the quarter ending June 30, 2021, up from $574 million a year ago.
August 5, 2021
Vistra Announces Evaluation Of Strategic Direction, Emphasis On Capital Allocation
Vistra, the parent of TXU Energy and several other retail energy brands, reported second quarter Adjusted EBITDA from its Retail segment of $510 million, $109 million higher than second quarter 2020 results of $401 million, "driven by the execution of Vistra's self-help initiatives following Uri."
August 4, 2021
In reporting second quarter results, Spark Energy said that, subsequent to quarter end, Spark entered into an agreement to acquire ~50,000 RCEs
