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July 24, 2023
Elliott Associates, L.P. ('EALP'), Elliott International, L.P. ('EILP') and The Liverpool Limited Partnership ('Liverpool' and, together with EALP and EILP, the 'Elliott Applicants') filed at FERC for approval to purchase, directly or indirectly through subsidiaries, in market transactions, up to…
June 30, 2023
CPL Retail, WTU Retail, and First Choice Power, which are all ultimately brands owned by NRG Energy, filed entirely confidential filings today in Texas PUC project 54907, a project which was opened for the purposes of REP cessation of operations notices pursuant to 16 TAC 25.107 (H)(3)
June 28, 2023
Elliott Pans "Misguided Home Services Strategy"
Elliott Investment Management L.P. (Elliott), which said that it manages funds that have an investment of approximately $1 billion representing a more than 13% economic interest in NRG Energy, Inc. ('NRG' or the 'Company'), released a new public letter calling for a process to select a new CEO and…
June 22, 2023
During an investor day, NRG Energy reported that it has identified 1.5 GW in potential brownfield opportunities in ERCOT, with the proposed projects, "specifically targeted to meet the supply needs of our ERCOT retail business."
June 20, 2023
IGS, WGL Energy Services, Inc., NRG Energy, Inc., and Vistra Corp. (the supplier coalition) presented joint testimony in the current electric and gas rate cases of Baltimore Gas & Electric alleging that BGE has not proven that the per-bill fees that BGE imposes upon retail electricity and natural…
June 16, 2023
Ron Cerniglia, a long-time advocate of customer choice in retail energy, has announced his voluntary retirement after nearly 40 years in the retail energy and utilities industry, effective Friday, June 23rd.
June 2, 2023
The Maryland Energy Advocates Coalition (Advocates) filed a petition at the Maryland PSC requesting that the PSC initiate a rulemaking to eliminate the purchase of receivables program at the electric and gas utilities in the state
June 1, 2023
NRG Energy, Inc. today announced that it has entered into a definitive agreement to sell its 44% equity interest in South Texas Project Electric Generating Station (STP) to Constellation Energy for a purchase price of $1.75 billion, subject to customary purchase price adjustments.
May 30, 2023
JERA Americas, the Houston-based subsidiary of global energy company JERA, has appointed James Tinsley as its new Chief Commercial Officer (CCO).
May 22, 2023
Broker Says Disclosure Reduces Competitiveness, Says ESCOs, "Only Provide Customers Single Biased Options To Competitive Energy Supply"
May 17, 2023
Insight Sourcing Group announced the addition of Kane Kiester as Vice President of Energy Procurement and Management at Insight Energy, Insight Sourcing Group’s sustainable energy business.
May 15, 2023
Elliott Alleges, "NRG’s Retail Cost Structure Has Also Escalated Since 2018 And Has Become Uncompetitive Against Peers"
May 5, 2023
5, an energy advisory and management firm, announced its acquisition of BidURenergy (BUE) and NRG Advisory Services from NRG Energy, Inc.
May 4, 2023
In reporting first quarter of 2023 earnings, NRG reported that its Home Retail Energy business saw a ~7% increase in margins and stable customer count, year-over-year
May 4, 2023
NRG Acquires Texas Customer Book
AEG Affiliated Energy Group Financial said that it was the exclusive investment banking team on the transaction, having advised Southwest Power and Light and YEP Energy.
April 19, 2023
Two Pennsylvania PUCs ALJs have issued a recommended decision which would approve, as modified by a previously reported non-unanimous stipulation, Columbia Gas of Pennsylvania's proposal to offer customers a voluntary carbon offset product on a pilot basis
March 23, 2023
A non-unanimous settlement among the Pennsylvania PUC's Bureau of Investigation and Enforcement (I&E), the Office of Small Business Advocate (OSBA), and Columbia Gas of Pennsylvania, Inc. would allow Columbia to offer to its customers a voluntary carbon offset product on a pilot basis
March 15, 2023
Staff of the Texas PUC filed a petition to ratify a partial termination of the Amended Voluntary Mitigation Plan (VMP) for the NRG Energy Companies, with the partial termination relating to ancillary services bidding
March 10, 2023
NRG Energy, Inc. has completed its previously reported acquisition of Vivint Smart Home, Inc., effective today, which NRG described as, "accelerating the realization of NRG’s consumer-focused growth strategy and offering consumers simple, connected experiences to power, protect, and manage their…
February 16, 2023
Sees Retail Growth Opportunities In East From Rising SOS Rates
In reporting fourth quarter and full year earnings for 2022, NRG Energy said that it experienced, "record customer retention."
February 15, 2023
NRG reported in an 8-K that, "On February 14, 2023 (the 'Sixth Amendment Effective Date'), NRG Energy, Inc. ('NRG'), as borrower, and certain subsidiaries of NRG, as guarantors, entered into the Sixth Amendment to Second Amended and Restated Credit Agreement (the 'Sixth Amendment') with, among…
December 21, 2022
Duquesne Light Says Communicating That Customer Is Paying Rate Higher Than PTC Is Consistent With Statutory Policy To Keep Uncollectible Expenses Low
December 19, 2022
World Power & Gas LP d/b/a Texans Energy filed to relinquish its Option 1 Texas REP certificate
December 16, 2022
Texas Option 1 REP Revolution Energy filed to add the trade name Infuse Energy to its certificate
December 15, 2022
Infuse Energy filed to relinquish its Option 1 Texas REP certificate
