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Mergers, Acquisitions & Finance

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Retail Supplier Receives $100,000 Investment, $280,000 Grant

The Slater Technology Fund announced that it has committed an additional $100,000 to VCharge, an energy management services company whose operation includes retail electric supply in competitive markets, as part of their $1-million dollar round, bringing Slater's total investment to $600,000.

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NRG Energy Enters into Agreement to Acquire Edison Mission Energy

NRG Energy, Inc. has entered into a plan sponsor agreement with Edison Mission Energy (EME), certain of EME's subsidiaries, the unsecured creditors committee, certain of EME's unsecured noteholders, and other parties to acquire substantially all of the assets of EME, including its equity interests…

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Briefly

Retail Association of Maine Selects Exclusive Energy Procurement Consultant

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FirstEnergy to Sell 500 MW of Hydro Units

Several FirstEnergy subsidiaries have entered into an agreement to sell 11 hydroelectric power stations in Pennsylvania, Virginia and West Virginia to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP.

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Mergers, Acquisitions & Finance News (Page 69) | EnergyChoiceMatters.com