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November 4, 2021
Genie Energy Ltd. reported that its Genie Retail Energy (GRE) segment generated record income from operations and Adjusted EBITDA of $19.7 million and $20.0 million, respectively, for 3Q21 compared to $12.2 million and $12.5 million in 3Q20
October 15, 2021
Genie Energy Ltd announced that it has suspended the previously reported planned public offering and spin-off of its European retail energy supply business, Oriel Energy, "in light of the impacts of the extreme volatility in the United Kingdom's energy markets on the retail energy supply industry."
August 10, 2021
During an earnings call last week, Genie Energy executives said that the company would soon begin telemarketing in the Georgia natural gas market.
August 10, 2021
During an earnings call last week, Genie Energy executives reported that the company expects to receive a minimum of $1.5 million of relief under a Texas financing program which will compensate LSEs for exposure to certain eligible costs above the PUC-authorized system-wide offer cap
August 5, 2021
In reporting earnings today, Genie Energy, Ltd. said that, "Genie is conducting a strategic review of its businesses in part to address the different investment profiles of its U.S. and European businesses and to enhance shareholder value across its operations."
June 7, 2021
Ranchero Power has launched retail electric service in Texas
May 12, 2021
Genie Energy Ltd. has entered into and closed on an Equity Purchase Agreement with Hanhwa Q Cells Japan Co., Ltd. (“Hanhwa”) providing for the sale of the equity interests in Genie Japan to Hanhwa.
May 6, 2021
In reporting first quarter 2021 earnings, Genie Energy Ltd. reported a negative impact of approximately $13.0 million from the winter weather event in Texas
April 1, 2021
The Texas PUC granted retail electric provider Southern Federal Power, LLC an amendment to its REP certificate to add the trade names Watt Bro and Ranchero Power to the certificate
March 18, 2021
Genie Solar Energy, a developer, designer and installer of commercial solar systems, has completed two rooftop solar installations in New Hampshire for INTEGRA Biosciences, a developer and manufacturer of medical pipettes and other liquid handling and media preparation applications including devices…
March 11, 2021
Genie Energy Ltd. announced that it has suspended its dividend as part of an effort to rebuild its cash position in the aftermath of the Texas weather event
March 8, 2021
Discloses Texas Customer Count
Genie Energy today provided additional information on the financial impact to the company of Winter Storm Uri, which impacted the Texas electricity market in mid-February 2021.
February 23, 2021
Genie Energy said on Feb. 22 that it, "continues to serve its 10,000 customers across Texas with no change in their rates under their current agreements despite the unprecedented price volatility in real-time electricity prices last week."
February 17, 2021
Genie Solar Energy, a developer, designer and installer of commercial solar systems, has completed a rooftop solar installation for Kraft Power, a provider of generator and cogeneration systems.
January 4, 2021
Retail electric provider Southern Federal Power, LLC filed at the Texas PUC to add the trade names Watt Bro and Ranchero Power to its REP certificate
December 28, 2020
Genie Energy Ltd. disclosed today that operations at its only active project under its Genie Oil and Gas (GOGAS) segment are ceasing, and that the results of operations related to GOGAS will be treated as discontinued operations when reporting fourth quarter results.
December 16, 2020
Community Power Partners, LLC ("CPP"), a community solar aggregation company, today announced a joint venture with Genie Energy, Ltd. subsidiary CityCom Solar, LLC ("CityCom Solar"), a marketer of community generated solar energy directly to end users throughout New York State.
November 6, 2020
Genie Energy Ltd. reported that its U.S. retail supplier business segment, Genie Retail Energy (GRE), reported higher Adjusted EBITDA of $12.6 million for the quarter ending September 30, 2020 (3Q20), up from $11.2 million a year ago
October 12, 2020
Genie Energy Ltd. announced that it has purchased the outstanding 24% interest in its retail energy supply joint venture operating in the United Kingdom (U.K.) from its former joint venture partner.
August 10, 2020
In a 10-Q, Genie Energy reported that it expects a "modest" rebound in meter acquisition at its Genie Retail Energy (GRE) segment, which houses its U.S. retail energy suppliers, in the third quarter
August 6, 2020
For the second quarter of 2020, Genie Energy Ltd. reported that consolidated income from operations improved to $2.7 million, compared to a loss from operations of $9.3 million a year ago.
May 22, 2020
Several additional ESCOs have petitioned the New York PSC for waivers, or in the alternative declaratory orders, allowing such ESCOs to offer green gas natural gas products notwithstanding the product prohibitions contained in the PSC's December 2019 retail market reset order
May 7, 2020
Company Increases Quarterly Dividend
Genie Energy Ltd. said in reporting earnings that, on a consolidated basis, the company generated the highest levels of quarterly revenue and gross profit in the company's history during the first quarter of 2020
April 14, 2020
AEG Affiliated Energy Group represented represented the seller, Thermo Choice, LP, in the transaction
March 17, 2020
Genie Energy Ltd. has filed its 10-K for the year ending December 31, 2019
