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December 15, 2011
Exelon and Constellation Energy have reached a settlement with Gov. Martin O'Malley and the Maryland Energy Administration under which MEA is now supporting the applicants' merger before the PSC, and under which Exelon commits to build up to 300 MW of new in-state generation.
December 13, 2011
Vectren Corp. has commenced a process to sell Vectren Retail d/b/a Vectren Source.
December 9, 2011
Direct Energy has agreed to acquire a package of liquids-rich natural gas assets located in west central Alberta (the Carrot Creek Assets) from Encana Corporation for $58m (Canadian $) in cash.
December 7, 2011
The Illinois Commerce Commission today approved the merger of AGL Resources Inc. and Nicor Inc. (11-0046).
December 6, 2011
Additional mitigation of the Exelon-Constellation merger remains necessary beyond the initially offered divestitures, Maryland PSC Staff said in a post-hearing brief, while Exelon-Constellation simultaneously announced a commitment to build new generation in an amount which Staff suggested could…
December 5, 2011
Entergy Corporation and ITC Holdings Corp. announced this morning that the Boards of Directors of both companies have approved a definitive agreement under which Entergy will divest and then merge its electric transmission business into ITC.
December 5, 2011
Online broker Power2Switch announced that it has raised $1.3 million in capital allowing it to launch service in additional states this month.
December 2, 2011
Constellation Energy has signed a definitive agreement to acquire 100 percent of ONEOK Energy Marketing Company (OEMC), a Tulsa, Okla., retail natural gas marketing company with 26,100 customers.
November 29, 2011
ResCom Energy, LLC and its marketing partner Positive Energy Electricity Supply, LLC have entered into an agreement to assign all of ResCom's Maryland electric customers to Public Power, LLC, the parties jointly informed the Maryland PSC yesterday.
November 28, 2011
Total profitability for Direct Energy in Texas, "was not materially impacted," by price spikes during August, parent Centrica said in a recent interim management statement.
November 23, 2011
Ecova, the recently rebranded Advantage IQ, has announced its intent to acquire Prenova, Inc., a privately-held enterprise energy management company headquartered in Atlanta.
November 23, 2011
ResCom Energy, LLC and its marketing partner Positive Energy Electricity Supply, LLC have entered into an agreement to assign all of ResCom's Connecticut electric customers to Public Power, LLC, the parties jointly informed PURA this morning.
November 22, 2011
The Public Utilities Commission of Ohio approved this morning, through adoption of several stipulations, the acquisition of DPL Inc., and its subsidiary, The Dayton Power and Light Company, by the AES Corporation.
November 21, 2011
NRG Energy, Inc. announced this morning that it has acquired San Francisco-based Solar Power Partners, a developer of commercial and industrial distributed solar projects.
November 17, 2011
BlueStar Energy Solutions announced this morning that it has acquired TruBrite Energy Management.
November 16, 2011
FERC yesterday approved the acquisition of DPL Inc. by the AES Corporation. DPL Inc. is the parent of retail suppliers DPL Energy Resources and MC Squared Energy Services, which are currently active in Ohio and Illinois. AES owns competitive generation in New York, as well as other states including…
November 15, 2011
Exelon and Constellation now believe that FERC will take additional time to consider their pending merger application and proposed settlement with the PJM market monitor, the companies said in an SEC filing yesterday.
November 15, 2011
MVC Private Equity Fund, LP is in the process of acquiring substantial membership interests of the parent of ESCOs Plymouth Rock Energy, LLC and Falcon Energy, LLC.
November 11, 2011
Direct Energy has reached an agreement to acquire Home Warranty of America (HWA), a supplier of whole home protection plans across the United States, for $48 million (£30 million) in cash.
November 8, 2011
Subsidiary Dynegy Holdings, LLC and four of its wholly owned subsidiaries -- Dynegy Northeast Generation, Inc., Hudson Power, L.L.C., Dynegy Danskammer, L.L.C. (Danskammer) and Dynegy Roseton, L.L.C. (Roseton) -- have filed for bankruptcy under Chapter 11.
November 4, 2011
Green Mountain Energy's customer count grew by 14,000 from June 30, 2011 to September 30, 2011, parent NRG Energy disclosed in a 10-Q yesterday.
November 3, 2011
CenterPoint Energy Services, Inc. (CES) announced today that it acquired Asgard Energy, LLC effective November 1.
November 3, 2011
CenterPoint Energy's competitive natural gas sales and services business reported an operating loss of $10 million for the third quarter of 2011 compared to operating income of $7 million for the same period of 2010, largely due to the continuing unfavorable climate for the wholesale side of the…
November 2, 2011
PUCT Assigns Docket Number to Modify REP Application Form
November 2, 2011
Continuing the pace seen in the second quarter of 2011, direct retail sales by FirstEnergy Solutions in the third quarter of 2011 increased by two-thirds versus the year-ago quarter, FirstEnergy Corp. disclosed yesterday in reporting earnings.
