HomeNews By CategoryMergers, Acquisitions & Finance
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
May 14, 2019
Investment Will Allow For Expansion Beyond Texas
Griddy Energy has signed a strategic partnership with EDF Trading Ltd (EDF), a subsidiary of the EDF Group, which includes an equity investment by EDF into Griddy
May 13, 2019
Centrica issued a trading statement in which the company said, "Centrica’s operational performance has been largely in line with the Company’s expectations in the first four months of 2019."
May 10, 2019
Customer Count Decreases On Margin Discipline, Movement Away From Municipal Aggregation
Crius Energy Trust ("Crius Energy", the "Company", or the "Trust") today announced its financial results for the three month period ended March 31, 2019 (first quarter of 2019). All figures are in U.S. dollars unless otherwise noted.
May 9, 2019
South Jersey Industries (SJI) reported earnings for the first quarter ended March 31, 2019
May 6, 2019
South Jersey Energy, "has decided to exit the retail energy business," the company stated in a draft notice to electricity customers
May 6, 2019
Note: EnergyChoiceMatters.com was first to report at 3:44 p.,m. on May 6 that Great Eastern Energy was dropping additional customers to default service, with an exclusive alert to our email alert subscribers
May 3, 2019
Vistra Energy, the parent of various retail energy brands including TXU Energy and Dynegy, reported Adjusted EBITDA for its Retail segment of $257 million for the first quarter of 2019, up from $194 million a year ago
May 2, 2019
During an earnings call this morning, Mauricio Gutierrez, NRG President and Chief Executive Officer, discussed potential summer volatility in the ERCOT market as providing an opportunity to acquire retail customer books
May 1, 2019
On March 1, 2019, Retail Consulting Project Co. 2, LLC acquired 100% of the equity in Usource, Inc. from Unitil
April 25, 2019
Retail energy veteran Preston Ochsner, of Ochsner Interests Inc., told EnergyChoiceMatters.com that he is working on several M&A deals in the retail energy space, acting as a broker, and provided the following observations concerning purchase price, book size, and other drivers that he is…
April 19, 2019
FES Says Revision Provides Path For Company To Successfully Conclude Chapter 11 In 2019
FirstEnergy Solutions Corp. ("FES" or the "Company") today announced that the Company has entered into an agreement with FirstEnergy Corp. ("FE") that eliminates the non-consensual third-party releases from the Company's proposed plan of reorganization that the U.S. Bankruptcy Court addressed in its…
April 5, 2019
FES To File Revised Disclosure Statement
A federal bankruptcy judge said from the bench yesterday that a disclosure statement that is part of the bankruptcy plan of FirstEnergy Solutions Corp. (FES) is, "patently unconfirmable," as the judge hit provisions in such statement which would release FirstEnergy Corp. from environmental…
April 2, 2019
GE today announced it has completed the sale of its Current, powered by GE business unit to American Industrial Partners (AIP), a New York-based private equity firm focused on buying, improving and growing industrial businesses. Financial details were not disclosed.
April 2, 2019
Expanding its presence in the Northeastern United States, energy advisory firm 5 has acquired Allenhurst, New Jersey-based Luthin Associates, an energy management consultant in the New York tristate area.
April 1, 2019
Greenlight Energy Corporation, retail energy provider serving natural gas and electricity markets in Maryland, New Jersey, Pennsylvania and New York, has entered into a $5,000,000 first lien credit and commodity supply facility with V3 Commodities Group Holdings, LLC
April 1, 2019
After Transition, Customers Would Be Served Under AEP Texas Central Tariff
Oncor and AEP Texas have filed at the Texas PUC for approval of the proposed transfer of Oncor's distribution assets located in or around the cities of McAllen and Mission from Oncor to AEP Texas
March 25, 2019
Emera Inc. and ENMAX Corporation (ENMAX) today announced that they have entered into a definitive agreement in which Emera has agreed to sell to ENMAX its interest in Emera Maine, its regulated electric transmission and distribution company in Maine, for a purchase price of $959 million USD ($1,286…
March 15, 2019
Crius Sees Decline In Customer Count, Reports Earnings
In reporting fourth quarter and year-end earnings, Crius Energy Trust announced that, "In November 2018, the Company purchased the customer contracts and associated assets of approximately 10,000 residential electric customers in Massachusetts and New York from a New York-based energy retailer for…
March 13, 2019
Supreme Energy intends to assign and transfer all of its retail electricity customers in New York to Marathon Power LLC ("Marathon Energy") no earlier than April 15, 2019.
March 12, 2019
Atlantic Energy announced that it has entered into a combined $25 million working capital facility
March 5, 2019
5 Expects Series Of M&A Transactions To Accelerate Growth
Energy advisory firm 5 said that it has completed its first transaction to expand the firm’s breadth and depth by partnering with Simplified Power, a Houston-based energy management firm.
March 4, 2019
Spark Targeting 1-3 Tuck-in Deals This Year
Spark Energy, Inc. ("Spark" or the "Company") today reported financial results for the year ended December 31, 2018.
March 1, 2019
During the fourth quarter of 2018, Edison International recorded an impairment of its Edison Energy reporting unit goodwill totaling $19 million ($13 million after-tax).
March 1, 2019
During an earnings call, NRG Energy disclosed further details on its customer growth
March 1, 2019
During an earnings call yesterday, Vistra Energy CEO Curt Morgan said that Vistra is "fully prepared" to take any necessary legal action to defend its previously reported acquisition of Crius Energy should a hostile bidder attempt to disrupt the process.
