November 4, 2015
NRG in reporting earnings today said that it has begun implementation of a company-wide cost reduction program of $150 million across its general and administrative, marketing and development expenses.
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October 29, 2015
During an earnings call yesterday, NextEra Energy executives discussed their thoughts on their strategic review of merchant power plants in Texas, and more broadly across its entire portfolio, including potential divestiture
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October 23, 2015
Talen Energy Corporation announced that it reached an agreement to sell the 399-megawatt C.P. Crane coal-fired power plant in Baltimore, Maryland to an affiliate of Avenue Capital Group.
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October 23, 2015
Duke Energy has acquired a majority share of Phoenix Energy Technologies, a provider of energy management systems and services for commercial customers.
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October 19, 2015
WGL Energy Services, Inc. has raised concerns about the prospect for utility-owned generation and related services under conditions proposed in a merger settlement agreement among various District of Columbia government agencies and Exelon and Pepco
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October 15, 2015
In providing guidance on its estimated net asset value, MVC Capital, Inc., the parent of U.S. Gas & Electric, said that USG&E has, "performed as expected."
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October 14, 2015
Ecova, a unit of Engie Group and affiliate of GDF SUEZ Energy Resources, announced that it has acquired Retroficiency, a building efficiency intelligence company.
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October 13, 2015
Calpine announced that it has agreed to acquire the Granite Ridge Energy Center from Granite Ridge Holdings, LLC for $500 million, or approximately $671 per kilowatt, subject to working capital adjustments.
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October 8, 2015
Nationwide Energy Partners, LLC has acquired a majority stake in the parent of retail supplier Switch Energy, LLC.
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October 7, 2015
Exelon and Pepco have via a settlement secured support for their merger agreement from the District of Columbia mayor, Attorney General, and Office of People's Counsel.
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October 7, 2015
Chaifetz Group, LLC, a Chicago-based private investment firm, announced that it recently acquired Save Wave Energy.
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October 5, 2015
Satori Energy has acquired a book of electricity and gas contracts from Boston-based InSource Power.
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September 30, 2015
Great Eastern Energy announced the completion of a credit support and financing arrangement with Macquarie Group Limited
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September 30, 2015
Affiliates of Hunt Consolidated, Inc. have jointly filed an application along with Oncor Electric Delivery Company L.L.C. at the Public Utility Commission of Texas seeking regulatory approval for the sale of Energy Future Holdings' (EFH) current ownership stake in Oncor as part of EFH's ongoing…
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September 29, 2015
RPA Energy, Inc. has entered into a transaction under which the total equity interest in RPA Energy will be sold to Utility Expense Reduction Energy Services, LLC
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September 18, 2015
As part of its "reset" (see story today) , NRG Energy announced that it is actively pursuing the sale of certain conventional generating assets.
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September 18, 2015
Describing the process as a "reset," NRG is separating out several of its green-focused businesses currently within NRG Home into a new "GreenCo."
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September 17, 2015
LE Energy, LLC announced it has finalized an agreement to purchase the Michigan natural gas customer book of Glacial Energy.
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September 8, 2015
Emera Inc. and TECO Energy, Inc. announced a definitive agreement for Emera to acquire TECO Energy under an all-cash deal pursuant to which Energy shareholders will receive $27.55 per common share, a 48 percent premium based on TECO Energy’s unaffected closing stock price on July 15, 2015 (the last…
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September 2, 2015
Just Energy Group Inc. announced that the company has renegotiated an agreement with a syndicate of lenders which includes long-time lender, Canadian Imperial Bank of Commerce, as Administrative Agent along with current lender National Bank of Canada as Co-Lead Arrangers and Joint Book Runners.
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September 1, 2015
Various NRG Energy subsidiaries filed at FERC for approval to acquire ownership and control of an approximately 77 MW combustion turbine generating unit at Chalk Point Generating Station in Prince George’s County, Maryland and certain associated assets.
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August 31, 2015
Satori Energy has acquired Midland, Texas-based WTX Power.
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August 26, 2015
Japanese retail electricity provider E-Rex Co. Ltd. issued a news release earlier this month stating that it is advancing plans to form a joint venture with Spark Energy, Inc. to form a retail supplier serving the Japanese small volume retail electricity market (residential and small C&I) when it…
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August 25, 2015
Although AGL Resources' retail operations were not a focus for Southern Company in its targeting of AGL Resources for acquisition (see yesterday's story) , Southern Company did tout the "strong margin contribution from retail markets" as a value driver of the transaction during an investor…
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August 24, 2015
Southern Company and AGL Resources today announced that the boards of directors of both companies have approved a definitive merger agreement
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