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 10, 2018
For the quarter ended March 31, 2018, Spark Energy, Inc. reported Adjusted EBITDA of $15.9 million compared to Adjusted EBITDA of $34.4 million for the quarter ended March 31, 2017.
May 8, 2018
GI Endurant, LLC d/b/a GI Energy (GIE) announced that Rilette Springs, LLC, an affiliate of Shell New Energies, U.S. LLC (Shell), has made a strategic investment in GIE, purchasing a majority and controlling interest.
May 7, 2018
FirstEnergy Solutions said in response to a request for information from the Public Utilities Commission of Ohio concerning its operations during its bankruptcy that it plans to keep enrolling new customers
May 7, 2018
On May 1, 2018, Summer Energy Holdings, Inc. ("SEH"), and its subsidiaries Summer Energy, LLC ("Summer LLC") and Summer Energy Northeast, LLC ("Summer Northeast"; together with SEH and Summer LLC, the "Company") closed a transaction with EDF Energy Services, LLC and EDF Trading North America, LLC…
May 7, 2018
In a 10-Q, New Jersey Resources Corporation (NJR) disclosed the sale price for its disposition of NJR Retail Services Company, which as exclusively reported by EnergyChoiceMatters.com, was sold to Direct Energy Business Marketing, LLC
May 4, 2018
Vistra Energy, which as previously reported will engage in a strategy of expanding its retail business now that it has completed its acquisition of Dynegy, said during an earnings call this morning that it will pursue a "dual strategy" of organic retail growth and evaluating retail M&A opportunities…
May 3, 2018
Responding to a question about an increase in retail M&A activity and books being shopped, Joseph Nigro CEO, Constellation and Executive Vice President, Exelon said during Exelon's first quarter earnings call that Exelon is "always" interested in retail acquisitions and will be "aggressive" if…
May 1, 2018
Public Service Enterprise Group discussed its competitive retail energy business during its quarterly earnings conference call, with Ralph Izzo, chairman, president and chief executive officer of Public Service Enterprise Group, stating that the company is focused on organic retail growth after…
May 1, 2018
ENGIE North America Inc. today announced that it has acquired Unity International Group, an electrical construction and maintenance provider which delivers electrical construction, data and telecom, IT, and critical safety and security systems
May 1, 2018
ONEnergy Inc., the parent of retail supplier Sunwave Gas & Power, announced its intention to sell its retail Gas & Power business
April 23, 2018
CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced they have entered into a definitive merger agreement to form an energy delivery, infrastructure and services company serving more than 7 million customers across the United States.
April 19, 2018
Just Energy Group Inc. announced that the company has renegotiated an agreement with a syndicate of lenders that includes Canadian Imperial Bank of Commerce (CIBC), National Bank of Canada (National), HSBC Bank Canada, JPMorgan Chase Bank N.A., ATB Financial and Canadian Western Bank.
April 17, 2018
OhmConnect, which currently pays California residential customers for electricity usage reductions in response to alerts, announced that it has raised $8.5M in a Series B funding round, led by Mike Maples of Floodgate, along with Jennifer Fonstad of Aspect Ventures, Josh Cohen of City Light Capital…
April 17, 2018
Star Energy Partners, LLC (Star Energy or the Applicant) submitted an application at FERC requesting authorization for a series of completed and planned equity raises and transfers by and among Star Energy's upstream owners (collectively, the Transactions).
April 11, 2018
Zenergy Brands, Inc. (f/k/a The Chron Organization, Inc.) announced that it closed on its acquisition of Enertrade Electric LLC, a Texas-based Retail Electric Provider (REP), on April 3rd.
April 5, 2018
PUC Says It "Cannot Guarantee" FES Customer Contracts Won't Be Impacted By Bankruptcy
The Public Utilities Commission of Ohio initiated a proceeding to, "protect Ohio consumers from any adverse impacts due to the recent filing by FirstEnergy Solutions Corp. of a petition for reorganization under Chapter 11 of the United States Bankruptcy Code."
April 4, 2018
This story was first published on April 4, with an alert to our email alert subscribers
April 2, 2018
This story was first published on April 2, with an alert to our email alert subscribers
April 2, 2018
FirstEnergy Solutions (FES), its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) (together, the "Filing Entities") announced that, "to facilitate an orderly financial restructuring, they have filed voluntary petitions under Chapter 11 of the Federal Bankruptcy Code with the U.S.…
March 29, 2018
During today's open meeting, the Texas PUC approved the merger of Vistra and Dynegy, and, in doing so, found that the combined firm, without any divestitures, will not exceed the 20% market share limit.
March 29, 2018
Texas PUC Commissioner Arthur C. D'Andrea in a memo in advance of today's open meeting said that he would exclude from the calculation of the market share of Vistra Energy, as a result of its proposed merger with Dynegy, import capacity over the DC ties
March 28, 2018
During an analyst day yesterday, NRG Energy announced that it would acquire XOOM Energy for $210 million, including working capital and $6 million in transaction costs
March 27, 2018
Premier Holding Corporation (PRHL) confirmed further details of a Share Exchange Agreement with AOTS 42, Inc., with the exchange including PRHL's subsidiaries The Power Company USA, LLC (TPC), a broker, and American Illuminating Company, LLC (AIC), a retail supplier, with PRHL also confirming that…
March 27, 2018
Investment Firm Claims Poor Capital Allocation, Cites Debt Of Retail Supplier Holding Company
JCP Investment Management, LLC, a significant unitholder of Crius Energy Trust, issued a letter to the unitholders of Crius in which JCP, "expressed its concerns regarding the Trust’s underperformance and the poor capital allocation decisions under the current leadership team and informed…
March 26, 2018
According to an 8-K, on March 23, 2018, Premier Holding Corporation ("PRHL") entered into a Share Exchange Agreement (the "Agreement"), with AOTS 42, Inc., a Delaware company ("AOTS"), The Power Company USA, LLC, an Illinois limited liability company ("TPC") and American Illuminating Company, LLC, a…
