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March 12, 2020
Genie Energy Ltd. during an earnings call today discussed new markets for its U.S. retail energy supplier business organized under the Genie Retail Energy (GRE) segment
November 8, 2019
Newly Entering The Texas Marketing, Genie Serving A "Few Thousand" RCEs In ERCOT
Genie Energy Ltd. reported results for the third quarter ending September 30, 2019
November 4, 2019
Genie Energy Ltd. announced that its solar manufacturing subsidiary, Prism Solar Technologies (Prism Solar), has received additional purchase orders from JPMorgan Chase Bank (JPMorgan Chase) to supply solar modules for installation at JPMorgan Chase facilities nationwide.
August 28, 2019
Residents Energy (Genie Energy Sub.) Seeks Retail Supplier License In New State
August 5, 2019
Genie Retail Energy Reports Customer Growth Reports Second Quarter Results
This story has been updated with additional details and data
July 24, 2019
Mirabito Natural Gas, a Florida-based supplier of natural gas to commercial customers, today announced that its "Demystifying Natural Gas" continuing education course for Florida Community Association Managers (CAMs) has been certified by the Florida Department of Business and Professional…
July 18, 2019
The Michigan PSC granted Residents Energy LLC a license to operate as an alternative natural gas supplier.
June 11, 2019
Mirabito Natural Gas announced the launch of MirabitoClean, a carbon offset program for natural gas customers
May 23, 2019
The Public Utility Commission of Texas granted Southern Federal Power, LLC an Option 1 retail electric provider certificate
May 6, 2019
Genie Energy Reports Customer Growth Domestic Earnings Higher On Margin Improvement
Genie Energy reported customer growth and higher Adjusted EBITDA for the first quarter of 2019.
March 7, 2019
In reporting earnings today, Genie Energy said that it is ramping up customer growth efforts in its retail energy business
January 28, 2019
Provides Customer Metrics, Other Market Launch Dates
In an investor presentation, Genie Energy has provided the launch date for several markets including Texas
January 16, 2019
Southern Federal Power, LLC has applied for an Option 1 Texas retail electric provider certificate
January 4, 2019
Genie Energy, Ltd. today announced the acquisition of a controlling interest in Lumo Energia, which Genie described as, "a rapidly growing provider of electricity generated from renewable sources to residential customers in Finland."
December 4, 2018
Diversegy, LLC., Genie Energy's commercial energy advisory firm, today announced the purchase of Frontline Power Solutions' (FPS) energy commodity brokerage business assets.
December 3, 2018
The Public Utility Commission of Texas granted Town Square Energy, LLC, a unit of Genie Retail Energy, an Option 1 Texas REP certificate
November 12, 2018
In a 10-Q, Genie Retail Energy (GRE) disclosed the purchase price for its previously reported acquisition of a majority stake of Prism Solar Technologies
November 6, 2018
Says Solar Acquisition Will Allow Integration Of Services, Expand Value Offered To C&Is
Genie Retail Energy reported higher profitability for the quarter ending September 30, 2018 (3Q18) on higher revenues and a reduction in customer acquisition costs.
November 1, 2018
Completes Acquisition of Solar Solutions Company
Genie Energy Ltd., the ultimate parent of IDT Energy and various other retail energy brands, announced that it has acquired a majority stake in Prism Solar Technologies (Prism), "representing the first step in Genie's partnership with Prism's second largest shareholder, Plus EnerG."
September 6, 2018
Genie Energy Ltd., the ultimate parent of IDT Energy and various other retail energy brands, announced that, "it has substantially completed its strategic transition to a retail energy provider model with an investment in a domestic solar energy company and sale of a stake in its Israel-based…
August 30, 2018
Town Square Energy, LLC, a unit of Genie Retail Energy, has applied for an Option 1 Texas REP certificate
August 7, 2018
Genie Retail Energy (GRE) reported income from operations of $3.3 million in the quarter ending June 30, 2018 (second quarter), compared to a loss from operations of $9.4 million a year ago. Adjusted EBITDA increased to $3.8 million in 2Q18 compared to negative Adjusted EBITDA of $8.9 million a year…
August 6, 2018
In announcing earnings this morning, Genie Energy Ltd. said that it expects to begin acquiring customers in an additional international market later this year.
May 3, 2018
In reporting earnings this morning, Genie Energy said that Genie Retail Energy's customer base declined versus December 31, 2017 due, in part, to the required return of low-income customers in New York to default service, as well as a strategic decision to pull back customer acquisition efforts in…
April 4, 2018
Central Energy USA and Diversegy, a commercial energy advisory firm and subsidiary of Genie Energy, today announced the expansion of a Professional Referral Program into deregulated energy markets nationwide.
