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Mergers, Acquisitions & Finance

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Dynegy to Acquire Retail Supply Business

A Dynegy subsidiary has entered into an agreement to acquire Ameren Energy Resources (AER) and its subsidiaries Ameren Energy Generating Company (Genco), Ameren Energy Resources Generating Company (AERG), and retail supplier Ameren Energy Marketing Company (AEM).

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Hess to Divest to Energy Marketing Business

Hess announced this morning that it will explore "strategic alternatives" for its entire downstream business, including energy marketing and energy trading, as part of a strategy to transform the company into a pure play exploration and production company.

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Flash: Exelon Cuts Dividend

Exelon this morning announced a cut to its dividend, "to position us to maintain our investment grade rating, return a stable dividend and provide capacity to invest in growth."

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Mergers, Acquisitions & Finance News (Page 72) | EnergyChoiceMatters.com