December 8, 2020
Allows Offering Of Fleet Assessments, Informing Sustainability Goals, To C&I Customers
NextEra Energy Resources, LLC announced the acquisition of eIQ Mobility, a software provider of mobility planning solutions based in Oakland, California.
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December 7, 2020
Initiatives Include Northeast Expansion Through Partnership With Wholesale Energy Supplier
Mega Energy Holdings LLC announced the extension of a credit and supply arrangement with Pacific Summit Energy LLC (PSE), the North American marketing and trading subsidiary of Sumitomo Corporation and its largest U.S. affiliate, Sumitomo Corporation of Americas, "to enable current market growth and…
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December 4, 2020
Advantage Energy Partners LLC, which is engaged in retail energy procurement among other services and also markets locally produced natural gas, and BOCOR Holdings LLC announced the purchase of 100% of the natural gas and oil production assets of Select Energy and Excalibur Exploration Inc.
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December 1, 2020
Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets.
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December 1, 2020
U.S. Energy Partners LLC (USEP) has entered into a transaction under which Catalyst Power REPCo LLC (Catalyst Power REPCo) will acquire 100 percent of the limited liability company interests in U.S. Energy Partners LLC from Robert Kreppel
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November 30, 2020
With FERC having recently approved the transaction (as previously reported) , NRG Energy Inc. announced that its previously reported acquisition of Direct Energy from Centrica PLC is expected to close in early January 2021, with a target date of January 5th.
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November 25, 2020
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…
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November 24, 2020
TNMP Proposes Customer Rate Credit Provided Through Retail Providers Under Merger Application
Texas-New Mexico Power Company (TNMP or the Company) and Avangrid, Inc. have filed at the Public Utility Commission of Texas for approval of the previously reported merger of Avangrid and PNM Resources, the ultimate parent of TNMP (see background on the merger here)
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November 18, 2020
Spruce Finance said that it has acquired two new asset portfolios, "including the balance of NRG's residential holdings."
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November 18, 2020
WattBuy, an online electricity marketplace and broker, today announced it has raised $3.25 million in its Series A round of funding led by Evergy Ventures.
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November 17, 2020
"Representing a growth strategy focused on clean energy, Veolia North America, through its energy subsidiary, SourceOne Inc., has acquired Energenix, a Boston-based utility meter reading and billing service that provides services throughout Eastern Massachusetts," Veolia said
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November 17, 2020
The AES Corporation announced an agreement with Alberta Investment Management Corporation (AIMCo) to merge the sPower development platform, an independent solar developer in the US, with AES' US-based clean energy development business.
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November 10, 2020
Dominion Energy Solutions, Inc. ("DES") provided to the Public Utilities Commission of Ohio notice of the transfer of its Ohio residential, small commercial, and government aggregation customer contracts to Interstate Gas Supply, Inc. ("IGS").
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November 9, 2020
Priority Power Management, LLC ("Priority" or the "Company") announced the acquisition of Texas Power Consultants, LLC ("TPC"), expanding Priority Power's energy advisory and consulting services
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November 6, 2020
Galt Power, Inc. disclosed that, as of October 1, 2020, Galt Power acquired MeterGenius, Inc. a competitive retail electricity supplier currently operating in the PJM market
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November 5, 2020
NRG Provides Update On Financing For Direct Energy Acquisition NRG Expects To Undertake Further Non-Core Asset Sales, Expects To Realize At Least $250 Million Net Proceeds
In reporting third quarter 2020 earnings today, NRG Energy provided an update concerning the financing of its previously reported agreement to acquire Direct Energy, which is pending final regulatory approval from FERC, with the updated financing plan no longer requiring new equity issuance
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November 4, 2020
Vistra, Parent Of TXU, Acquiring Retail Electric Customers From Two Texas REPs Vistra's Retail Residential Customer Count Falls Versus Q2 2020 Vistra Cites "Strong Margin Results" For Retail Segment
Note: An earlier version of this story, concerning the acquisition of the Infinite/Veteran books and select customer and earnings data, was first posted at 6:50 a.m. ET; the story has been updated throughout
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November 3, 2020
Octopus Energy Group, which recently acquired Texas retail electric provider Evolve Energy , announced the acquisition of Upside Energy, an energy software company based in the United Kingdom
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November 3, 2020
Exelon Confirms Strategic Review, Considering Separating Exelon Generation From Exelon Utilities
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November 3, 2020
Exelon Confirms Strategic Review, Considering Separating Exelon Generation From Exelon Utilities
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October 27, 2020
DTE Energy today announced that the Company’s Board of Directors has unanimously authorized management to pursue a plan to spin-off the DTE Midstream business ('Midstream') from DTE Energy.
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October 26, 2020
ArcelorMittal S.A. ('ArcelorMittal'), its indirect, wholly owned subsidiaries ArcelorMittal USA LLC ('ArcelorMittal USA') and ArcelorMittal Cleveland LLC ('ArcelorMittal Cleveland'), along with Cleveland-Cliffs Inc. ('Cliffs') and its indirect, wholly owned subsidiary AK Electric Supply LLC ('AK…
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October 26, 2020
Retail energy supplier First Point Power (FPP) announced a 2-year credit and supply facility extension of its existing facility with BP Energy Company, (BPEC).
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October 21, 2020
Budderfly, a provider of Energy Efficiency as a Service which also operates as an electricity broker (story here) , today announced a $7.8 million equity funding round led by Balance Point Capital and Edison Partners with additional participation from Connecticut Innovations.
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October 21, 2020
Merger Would Result In Affiliation Between Texas REP, TDU
AVANGRID, the parent of two retail suppliers and various utilities, and PNM Resources announced today that their respective boards have approved the merger of PNM Resources into AVANGRID, through an all cash offer for PNM Resources shares priced at $50.30 per share (representing an equity value of…
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