January 19, 2017
PUCT Staff Cites Concerns From Risks of NextEra's Non-Regulated Businesses, Transaction Debt
Staff of the Public Utility Commission of Texas have filed testimony stating that NextEra Energy's proposed acquisition of Oncor is, "not in the public interest without making substantive changes and additions to the applicants' proposed commitments," as Staff cited concerns regarding the risks from…
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January 19, 2017
Santanna Natural Gas Corporation d/b/a Santanna Energy Services reported to regulators that on January 03, 2017, Santanna Energy Services completed the transition to an employee owned company, through Santanna's Employee Stock Ownership Plan (ESOP).
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January 17, 2017
Start-up broker-consultant Benchmark Services, Inc. is "actively targeting" potential broker business acquisitions while also priming itself for organic growth, Benchmark Services, Inc. President Mark Tackley told EnergyChoiceMatters.com
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January 12, 2017
Crius Energy Trust announced today that the Board of Directors of Crius Energy Administrator Inc., the administrator of the Trust, has approved a 2% increase to distributions paid on units of the Trust, representing an annualized increase of $0.0152 per unit and a total annualized distribution of $0…
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January 12, 2017
Texas Industrial Energy Consumers have proposed that Oncor be required to provide millions of dollars in rate credits as a condition of its acquisition by NextEra, with retail electric providers required to pass through the credits to customers
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January 12, 2017
In a statement of position filed with the Public Utility Commission of Texas, the NRG Companies have recommended that the PUC should require NextEra to divest its Texas retail electric providers as a condition of acquiring Oncor
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January 11, 2017
Spark Energy, Inc. announced its Adjusted EBITDA guidance of $90.0 million - $100.0 million for the year ended December 31, 2017.
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January 11, 2017
Benchmark Services, Inc., which offers procurement services to commercial and industrial customers through an online procurement platform, announced that it has acquired New York-based Natural Gas Business Associates
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January 4, 2017
Geothermal and renewable energy developer Ormat Technologies, Inc. announced that it has entered into a definitive agreement to acquire substantially all of the business and assets of Viridity Energy, Inc., a privately held company specializing in demand response, energy management and energy…
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January 4, 2017
Just Energy Group Inc. announced that it has amended and restated its credit facility with its syndicate of lenders to increase the capacity under the credit facility by CDN $50 million to $342.5 million by adding a letter of credit facility (the "LC Facility").
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January 3, 2017
Sprague Resources LP announced today that its wholly owned subsidiaries, Sprague Operating Resources LLC and Sprague Energy Solutions Inc., signed a definitive agreement with Global Companies LLC to acquire the assets of Global’s natural gas marketing and electricity brokerage businesses for…
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December 30, 2016
David C. Wiers, President of Satori Energy, announced that Satori Energy has acquired a book of electricity contracts from Florida-based Best Power, LLC.
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December 29, 2016
Dynegy has proposed to divest generation in response to a FERC order requiring mitigation of Dynegy's proposed acquisition of 8,731 megawatts of generation capacity from Engie (f/k/a GDF Suez)
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December 28, 2016
Spark Energy, Inc. announced that it has entered into a $25.0 million subordinated debt facility with Retailco, LLC.
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December 23, 2016
Divestiture Or Other Mitigation Measures Must Be Proposed
FERC issued an order finding that a transaction under which Dynegy would acquire 8,731 megawatts of generation capacity from Engie (f/k/a GDF Suez) raises competitive concerns in certain capacity market local deliverability areas, and conditioned approval of the acquisition on mitigation
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December 22, 2016
ONEnergy Inc., the parent of Sunwave Gas & Power, announced that it has entered into a letter of intent (LOI) with OZZ Electric Inc., which contemplates an acquisition of all of the common shares of OZZ in exchange for the issuance of common shares of a successor corporation to ONEnergy.
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December 15, 2016
On December 8, 2016, Abest Power & Gas executed an Asset Purchase Agreement with Public Power, LLC, a unit of Crius Energy, pursuant to which Public Power will acquire Abest’s retail electric supply customers.
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December 12, 2016
Just Energy Group Inc. announced that it plans to enter the German retail energy market through the acquisition of db swdirekt GmbH (SWDirekt), a provider of natural gas and power to consumers in Germany.
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December 7, 2016
Vistra Energy Corp., in a presentation to investors, disclosed expected TXU Energy performance for 2016 and guidance for 2017.
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December 7, 2016
FirstEnergy's Allegheny Energy Supply Company LLC (AE Supply) unit has entered into a non-binding letter of intent, with an exclusivity provision which expires December 31, 2016, for the sale of its Springdale, Chambersburg, Gans and Hunlock gas-fired facilities and its ownership interest in the…
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November 28, 2016
Agera Energy LLC, Aequitas Energy Inc., and energy.me midwest llc (Applicants) applied for FERC approval of a transaction under which Agera P&G Capital, LLC will acquire a 100% voting equity interest in the parent of the Applicants, Agera Holdings LLC, which directly and indirectly owns all Class A…
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November 20, 2016
Calpine Energy Services Holdco LLC has entered into a transaction under which it will indirectly acquire all of the membership interests of North American Power and Gas, LLC and North American Power Business, LLC from various private individuals and entities formed for the benefit of certain of…
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November 20, 2016
Calpine Energy Services Holdco LLC has entered into a transaction under which it will indirectly acquire all of the membership interests of North American Power and Gas, LLC and North American Power Business, LLC from various private individuals and entities formed for the benefit of certain of…
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November 14, 2016
Spark Energy said during an earnings conference call that it continues to identify additional acquisition targets which it will undertake opportunistically.
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November 14, 2016
In announcing quarterly earnings, Crius Energy Trust highlighted the transformation from its solar business, through the previously reported acquisition of assets from SunEdison and Verengo, from a reseller to a vertically integrated solar business with margins expected to potentially quadruple as a…
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