May 21, 2018
"I'm a big believer that community choice aggregation is the wave of the future," for mass market customers, Michael Fallquist, Chief Executive Officer at Crius Energy, told attendees at DNV GL's Energy Executive Forum which was held last week
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May 15, 2018
Will Review Strategic Alternatives For Solar Business Says Weather-Related Volatility Creates Opportunity For More Tuck-In Acquisitions Of Smaller Retailers
In reporting earnings today, Crius Energy Trust announced that, having conducted a strategic review, it will now focus on its retail energy supply business, and explore strategic alternatives for its solar business
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April 30, 2018
Crius, Investment Firm Reach Settlement On Director Nominees Marcie Zlotnik, Robert Gries Also To Be Nominated To Board
Crius Energy Trust (the "Trust", "Crius" or the "Company") and JCP Investment Management, LLC ("JCP") today announced that they have entered into a settlement agreement (the "Agreement"), pursuant to which one JCP nominee, Ali Hedayat, will be put forth by Crius for election to the board of…
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March 27, 2018
Investment Firm Claims Poor Capital Allocation, Cites Debt Of Retail Supplier Holding Company
JCP Investment Management, LLC, a significant unitholder of Crius Energy Trust, issued a letter to the unitholders of Crius in which JCP, "expressed its concerns regarding the Trust’s underperformance and the poor capital allocation decisions under the current leadership team and informed…
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March 21, 2018
Energy Marketing Conferences, LLC announced today the winners of the 2017 Retail Energy Provider of the Year Award as well as the 2017 Most Innovative Marketer Award.
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March 12, 2018
Energy Marketing Conferences will gather retail energy executives and thought leaders on March 14 in Houston for the 9th Energy Marketing Conference to discuss a variety of pressing issues facing the industry, including M&A climate, customer acquisition and engagement, channel partnerships, risk…
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March 9, 2018
Crius Also Invests In U.K. Retail Energy Business Reports Higher Earnings, Lower Customer Count
In reporting fourth quarter and full year 2017 earnings, Crius Energy Trust announced it, "purchased the customer contracts and associated assets of approximately 18,000 residential electric customers in Illinois, Ohio, New Jersey and Pennsylvania from a California-based energy retailer for $4.3…
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December 12, 2017
Amy MacDonald recently joined Pogo Energy LLC as Director of Operations
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November 14, 2017
Crius Reports Negative Impact On Q3 Results From Mild Weather
Crius Energy Trust reported Adjusted EBITDA of $18.3 million in the third quarter of 2017, representing a decrease from $20.6 million achieved in the third quarter of 2016.
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October 19, 2017
Pogo Energy, LLC is acquiring prepaid customers from PowerHouse Energy, the prepaid brand of TriEagle Energy (a unit of Crius Energy).
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October 18, 2017
Consumer Demand for Energy Innovations Driving New Market Openings
The National Energy Marketers Association next week will host Nevada Lieutenant Governor Mark Hutchison, Nevada Assemblyman Chris Brooks, Nevada Attorney General Adam Laxalt, and a variety of other policymakers and retail energy thought leaders as NEM hosts an examination and symposium on opening…
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August 15, 2017
Reports Community Solar Strategic Partnership Crius Reports Only A Small Amount of Customer Base Subject To NY PSC Low-Income Ban
Crius Energy announced today that in July 2017 it acquired a 100% equity interest in Big Sky Gas, a natural gas marketing business with approximately 4,000 customers based in Montana.
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May 30, 2017
MVC Says Crius Acquisition of USG&E Determined To Be Superior To Equus Transaction Crius Energy Trust Announces Acquisition of U.S. Gas & Electric, Inc. and C$110 Million Bought Deal Offering of Subscription Receipts
Update, 5/31: MVC Capital, Inc., the parent of U.S. Gas & Electric, Inc., said that the Crius Acquisition (first reported yesterday, see below) was determined to be superior to the Equus transaction announced last month.
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May 12, 2017
Crius Energy reported net customer growth and higher Adjusted EBITDA in releasing earnings for the quarter ending March 31, 2017
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April 4, 2017
The National Energy Marketers Association has released a preliminary list of confirmed speakers and roundtable participants for its 20th Annual National Energy Restructuring Conference to be held April 26 - April 28 in Washington, DC
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March 17, 2017
In reporting earnings today, Crius Energy reported that it extended its marketing agreement with Comcast for a period of five years
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March 13, 2017
Crius Energy, LLC ("Crius Energy") has entered into a three-year strategic agreement with Rise Broadband, which Crius said is the largest fixed wireless internet and digital voice provider in the U.S., to offer energy products to Rise's customers through the Energy Rewards Integrated Energy Platform…
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March 6, 2017
Crius Energy Trust announced that Crius Energy, LLC and Comcast Corporation have entered into a five-year strategic agreement to jointly offer an "Integrated Energy Platform" to service providers across the U.S.
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January 12, 2017
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 $0.0152 per unit and a total annualized distribution of $0…
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December 15, 2016
On December 8, 2016, Abest Power & Gas executed an Asset Purchase Agreement with Public Power, LLC, a unit of Crius Energy, pursuant to which Public Power will acquire Abest’s retail electric supply customers.
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December 2, 2016
Crius Energy announced its first cross-brand promotion, designed to celebrate the company's one millionth customer milestone.
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November 15, 2016
TriEagle Energy is offering North Texas customers a community solar product (SunEagle) through an alliance with Cypress Creek Renewables
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November 14, 2016
In announcing quarterly earnings, Crius Energy Trust highlighted the transformation from its solar business, through the previously reported acquisition of assets from SunEdison and Verengo, from a reseller to a vertically integrated solar business with margins expected to potentially quadruple as a…
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November 14, 2016
Crius Energy Trust has named Ravi Thuraisingham as Executive Vice President of Mergers & Acquisitions
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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…
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