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August 7, 2020
Reports Retail Revenue, Volumes
In a 10-Q for the quarter ending June 30, 2020, NRG reported a decline in mass market customer count versus March 31, 2020
August 7, 2020
Eligo Energy has made an offer to purchase a New York-based retail energy supplier.
August 6, 2020
NRG reported Adjusted EBITDA of $574 million for the second quarter of 2020, versus $469 million a year ago
August 5, 2020
Expects Customer Count To Continue To Shrink From COVID Sales Restrictions
Spark Energy, Inc. ("Spark" or the "Company") reported financial results for the quarter ended June 30, 2020.
August 5, 2020
Vistra, the parent of TXU and other retail brands, reported earnings for the quarter ending June 30, 2020.
August 3, 2020
Marathon Energy (Marathon) announced that it has closed on its previously reported Asset Purchase Agreement with National Fuel Resources, Inc. ('NFR'), whereby Marathon acquired NFR’s commercial and industrial gas contracts in New York and Pennsylvania, along with select other assets.
July 31, 2020
Public Service Enterprise Group announced today that it is exploring strategic alternatives for PSEG Power’s non-nuclear generating fleet, which includes more than 6,750 megawatts of fossil generation located in New Jersey, Connecticut, New York and Maryland, as well as the 467-megawatt Solar Source…
July 30, 2020
Just Energy Group Inc. ('Just Energy' or the 'Company'), announced that it is utilizing the extension period provided under Ontario Instrument 51-505 - Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 ('Instrument 51- 505…
July 29, 2020
Funding To Be Used To Purchase Retail Electric & Gas Suppliers Target Market Announced
Start-up Catalyst Power Holdings LLC (Catalyst), an integrated retail energy and distributed energy solutions provider, announced today an initial equity backing of up to $60 million from the energy-focused private equity fund BP Energy Partners (BPEP) of Dallas, Texas, and Catalyst management.
July 28, 2020
Edison International reported that it has recorded a goodwill impairment charge of $34 million ($25 million after-tax) in 2020 for its Parent and Other segment, related to Edison Energy, an energy consultant whose services include supply procurement, stemming from the economic impact of COVID-19.
July 24, 2020
In providing a business update in connection with its announced agreement to acquire Direct Energy (story here) , NRG disclosed the capital allocated for small book acquisitions.
July 24, 2020
Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
July 22, 2020
In a management proxy circular, Just Energy disclosed that, on June 23, 2020, a party that had previously entered into an exclusivity agreement with Just Energy concerning a potential transaction submitted another non-binding proposal to acquire certain of Just Energy’s assets.
July 17, 2020
Just Energy Group Inc. (Just Energy or the Company) today announced it has obtained the interim order from the Ontario Superior Court of Justice in connection with the plan of arrangement (the 'Plan of Arrangement') announced on July 8, 2020.
July 13, 2020
Just Energy Group Inc. announced that in connection with the previously proposed recapitalization plan announced on July 8, 2020, it will be seeking, as part of the interim order, a revision of the previously announced July 8, 2020 record date for voting of securityholders, to July 23, 2020.
July 13, 2020
Also Secures Infusion Of Capital In Separate Transaction
Liberty Power today announced a new multi-year supply agreement with Boston Energy Trading and Marketing LLC (BETM).
July 10, 2020
IGS Energy disclosed in a material change filing that it is acquiring certain Ohio residential natural gas customers from Dominion Energy Solutions, Inc. (DES)
July 9, 2020
UGI Corporation announced today that its subsidiary, UGI Energy Services, LLC, acquired GHI Energy, LLC (GHI), a Houston-based renewable natural gas marketer.
July 8, 2020
Just Energy, "Plans To Remain Independent" Reports 4Q, Full Year Earnings
Just Energy Group Inc. ('Just Energy' or the 'Company') today announced, "the conclusion of its strategic review and a comprehensive plan to strengthen and de-risk the business, positioning the Company for sustainable growth as an independent industry leader."
July 2, 2020
Just Energy Group Inc. ("Just Energy" or the "Company") announced today that it has amended its senior secured credit facility to increase the senior debt to EBITDA covenant ratio from 1.50:1 to 2.00:1 and the total debt to EBITDA covenant from 3.50:1 to 4.00:1 with respect to the fiscal quarter…
June 24, 2020
Just Energy Group Inc. issued a news release stating that, "Just Energy Group Inc. ('Just Energy' or the 'Company'), announces that it is utilizing the extension period provided under Ontario Instrument 51-505 - Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during…
June 4, 2020
Sprague Resources LP ('Sprague') announced today that Sprague Resources Holdings LLC ('Holdings') has withdrawn its previously announced non-binding proposal, dated March 25, 2020, to acquire all of the outstanding common units of Sprague that Holdings and certain of its affiliates do not already…
June 3, 2020
Marathon Energy ("Marathon") and National Fuel Resources, Inc. ("NFR") jointly announced that they have entered into an Asset Purchase Agreement whereby Marathon will acquire NFR’s commercial and industrial gas contracts in NY and PA, along with select other assets.
June 2, 2020
ECP Rebrands CenterPoint Energy Services As Symmetry Energy Solutions
CenterPoint Energy, Inc. and Energy Capital Partners, LLC, announced that they have closed on the sale of CenterPoint Energy Services, Inc. (CES) to an affiliate of ECP.
May 29, 2020
NRG has acquired a book of Texas retail electric customers from Windrose Energy (REP certificate 10254)
