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Mergers, Acquisitions & Finance

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Updated: Just Energy Receives Chapter 15 Bankruptcy Protection in U.S.; Judge Asserts Exclusive Jurisdiction Over Any Relief Sought By Governmental Entity Seeking To Take Action Against Just Energy Licenses Due To Bankruptcy Petition

Just Energy Seeks Bankruptcy Protection, Arranges $125 Million Debtor In Possession Financing Utility Had Sought To Prohibit Just Energy From Enrolling New Customers; Court Stays Regulator's Authority To Grant Such Request

Just Energy Receives Chapter 15 Bankruptcy Protection in U.S.; Judge Asserts Exclusive Jurisdiction Over Any Relief Sought By Governmental Entity Seeking To Take Action Against Just Energy Licenses Due To Bankruptcy Petition

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Just Energy Announces "Substantial Financial Impact" of Texas Weather Event Absent "Corrective" Action By Gov't; Estimates Loss Could Be Approximately $250 Million

Could Be Materially Adverse To Just Energy's Ability To Continue As A Going Concern

Just Energy Group Inc. ('Just Energy' or the 'Company') announced that it has, "updated its previous announcement that management is continuing to assess the impact of the extreme cold temperatures throughout the State of Texas (the 'Weather Event') on the Company, and cannot finalize its unaudited…

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Noting Potential For "Substantial" Impact From Balancing Power Supply At Very High Clearing Prices Due To ERCOT Weather Event, Just Energy Announces Delay in Filing Financial Statements, Application For Management Cease Trade Order

Just Energy Group Inc. announced today that it will miss its filing deadline of February 16, 2021 to file its unaudited interim condensed consolidated financial statements for the three and nine months ended December 31, 2020 (the 'Interim Financial Statements'), its management discussion and…

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Catalyst Power Closes Acquisition Of Retail Energy Provider

Catalyst Power Holdings LLC ("Catalyst Power") announced that it has closed its acquisition of US Energy Partners LLC ("USEP"), a retail energy provider based in Buffalo, New York that supplies electricity to middle-market commercial and industrial customers throughout New York state.

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Mergers, Acquisitions & Finance News (Page 29) | EnergyChoiceMatters.com