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November 11, 2016
Large Retail Supplier Looking At Entering Texas For Solar
Just Energy has removed from its guidance for fiscal 2017 Base EBITDA any contributions from its solar unit.
November 10, 2016
Spark Energy, Inc. raised guidance in reporting earnings yesterday.
November 7, 2016
During an earnings call on Friday, CenterPoint Energy, Inc. CEO Scott Prochazka said the company's goal is to grow its competitive energy services business, and is open to opportunistic acquisitions
November 4, 2016
Says FirstEnergy Solutions Could Seek Bankruptcy Protection
FirstEnergy disclosed in reporting earnings today that it is engaged in a "strategic review" of its competitive business and is posturing options to "thoughtfully and expeditiously move away from competitive markets."
November 3, 2016
Dynegy's retail strategy will be focused on organic growth between now and 2018, Dynegy CEO Bob Flexon said during an earnings call
November 3, 2016
Genie Retail Energy announced that on November 2 it closed on its acquisition of Retail Energy Holdings, LLC (REH), the owner of the Town Square Energy retail suppliers, for $9.5 million in cash plus working capital.
November 2, 2016
TransCanada Announces Sales of Northeast Generation Assets
TransCanada announced that it expects to realize $435 million in a future sale of Northeast power marketing business, which is expected to be realized going forward.
November 1, 2016
AEP in reporting earnings this morning said that it took a pre-tax impairment charge of $2.3 billion in third-quarter 2016 largely to write-down AEP's remaining competitive generation assets in Ohio to their estimated fair value.
November 1, 2016
NextEra Energy, Inc. and Oncor Electric Delivery Company LLC have filed an application at the Public Utility Commission of Texas for approval for NextEra to acquire Oncor, which touts NextEra's smaller retail market share, compared to TXU, in addressing affiliate concerns
November 1, 2016
CenterPoint Energy Services, Inc. (CES), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc., announced that it has signed an agreement under which CES will acquire Atmos Energy's retail energy services business, Atmos Energy Marketing, LLC (AEM).
October 31, 2016
NextEra Energy, Inc. today announced it has reached an agreement for an affiliate to merge with Texas Transmission Holdings Corporation ("TTHC"), including TTHC's approximately 20 percent indirect interest in Oncor Electric Delivery Company LLC ("Oncor"), for merger consideration of approximately $2…
October 31, 2016
With its pending acquisition of Noble Americas Energy Solutions (NAES), Calpine executives said that it is emphasizing organic growth in its retail business, though further "bolt-on" acquisitions are possible.
October 27, 2016
Several individuals who own membership interests in North American Power sold their interests in broker Commercial and Industrial Energy Solutions, LLC.
October 20, 2016
A Texas ALJ would approve the merger of AEP Texas Central and AEP Texas North into a single company (AEP Texas), with certain conditions
October 17, 2016
Texas Retail Market Vets Lead Acquisition
Zen Home Services, a wholly owned subsidiary of The Chron Organization, Inc., announced today that the company has entered into a Letter of Intent for the acquisition of Enertrade Electric LLC, a Texas-based retail electric provider (REP) active in the ERCOT market, under the trade name Shyne Energy
October 13, 2016
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 $0.0149 per Unit and a total annualized distribution of $0…
October 9, 2016
Noble Group Limited ("Noble") announced the sale of its Noble Americas Energy Solutions subsidiary ("NAES") to Calpine Corporation ("Calpine") for $1.05 billion in consideration.
October 4, 2016
Just Energy Group Inc. announced that JPMorgan Chase Bank N.A. has joined its Credit Facility as a lender with a commitment of $15 million (all $ Canadian).
October 4, 2016
TCEH Corp. today announced that it and certain of its subsidiaries, including operating businesses Luminant and TXU Energy, have emerged from Chapter 11 as a standalone company effected through a tax-free spinoff from Energy Future Holdings Corp.
October 3, 2016
MVC Capital on Friday provided investors with an update on its business strategy, which included a discussion concerning its investment in U.S. Gas & Electric ("US Gas").
September 26, 2016
Tarsier Energy Ltd. has entered into an agreement to acquire 100% of the membership interests in retail supplier BluCo Energy, LLC from GoCom Corporation
September 23, 2016
Crius Energy Trust today announced the formation of a newly-created special purpose vehicle, Crius Solar Fulfillment, LLC ("Newco"), to serve as the debtor-in-possession ("DIP") lender and bidder for the purchase of certain residential solar installation assets (the "Solar Installation Assets") from…
September 23, 2016
Commissioner "Offended" By Termination Fee Provisions
Texas Public Utility Commissioners have expressed competitive concerns regarding NextEra Energy's proposed acquisition of Oncor, particularly in light of the structure of termination fees payable by Oncor parent Energy Future Holdings if the deal is not consummated for certain reasons (NextEra has…
September 14, 2016
Verde Energy Texas confirmed to EnergyChoiceMatters.com that it purchased the customers of Texas retail electric provider Andeler Corporation d/b/a Andeler Power earlier this year
September 14, 2016
American Electric Power announced today that it has signed an agreement to sell four competitive power plants totaling approximately 5,200 megawatts (MW) for approximately $2.17 billion to a newly formed joint venture of Blackstone and ArcLight Capital Partners LLC
