March 3, 2022
Retail Supplier Discloses One Of Its Vendors Was Subject To Ransomware Attack
A retail energy supplier disclosed that…
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March 3, 2022
Via Renewables (Spark Energy) Provides Update On Purchase Price For 2021 Book Acquisition
Via Grows Customer Book, Reports Q4 And Full-Year Results
Via Renewables, Inc. ("Via Renewables" or the "Company", formerly known as Spark Energy) provided an update on the purchase price for a book acquisition which occurred in 2021, as the Company reported fiscal results for the fourth quarter and full year 2021
February 11, 2022
Retail Supplier Relinquishing Licenses In Several Markets After Recent Book Sale
A retail energy supplier filed to voluntarily relinquish its…
February 10, 2022
Newly Created Broker Affiliated With Large Retail Supplier Seeks Licenses In New State
Via Energy Solutions, LLC has applied for Maryland electricity and natural gas broker licenses to serve all customer classes in all service areas, except at Choptank Electric Cooperative.
January 19, 2022
Parent of Retail Energy Supplier Launching New Broker
Names Retail Market Vet As VP, Sales
Via Renewables, Inc., the company formerly known as Spark Energy, has created an entity called Via Energy Solutions, LLC, which has filed a registration as a Texas electric broker
December 8, 2021
Retail Supplier Assigning Customers To Affiliate Brand
Spark Energy, LLC intends to assign all of its Pennsylvania electric customers to Respond Power LLC d/b/a Major Energy Electric Services -- a total of 377 customers
November 12, 2021
Retail Supplier Names New CFO
Via Renewables, Inc. (the "Company" and f/k/a Spark Energy) recently named Mike Barajas as Chief Financial Officer, effective November 4, 2021
November 9, 2021
Retail Supplier Names New COO
Via Renewables, Inc. (the "Company" and f/k/a Spark Energy) appointed Paul Konikowski as Chief Operating Officer.
November 4, 2021
Via Renewables (f/k/a Spark Energy) Reports Higher Customer Count On Acquisitions, Adjusted EBITDA Lower
In reporting third quarter earnings, Via Renewables, Inc. (formerly Spark Energy) reported that its total RCE count was 368,000 as of September 30, 2021, compared to 347,000 as of June 30, 2021
October 22, 2021
Retail Supplier Announces Amendment and Extension of Credit Facilities
Via Renewables, Inc. ("Via Renewables" or the "Company", formerly Spark Energy) announced an amendment and extension (the 'Amendment') of its senior secured credit facility (the 'Facility') and an extension of its $25 million subordinated debt facility with its majority shareholder.
September 16, 2021
Retail Energy Supplier Acquiring Book Of Customers
Respond Power LLC d/b/a Major Energy Electric Services, a brand of Via Renewables (f/k/a Spark Energy), is acquiring a book of retail electric customers from Starion Energy
September 8, 2021
Retail Supplier Acquiring Book Of Customers
Major Energy Services, LLC, a brand of Via Renewables (f/k/a Spark Energy), is acquiring a book of retail natural gas customers from CIMA Energy Solutions, LLC
August 13, 2021
Texas PUC Staff Files Proposed Cost Allocation To REPs For Low-Income Customer List
Staff of the Texas PUC have proposed the amount of costs to be allocated to each retail electric provider for those REPs who have requested to participate in the matching process to receive a list of their low-income customers for the next fiscal year (fiscal year beginning on September 1, 2021)
August 9, 2021
Retail Supplier Receives Approval For Name Change To Via Renewables, Reflecting New Strategic Initiatives, Further Discusses ESG Focus
Spark Energy, Inc. ("Spark" or the "Company") announced that its shareholders approved a proposal by the Company's Board of Directors to change the name of the Company to Via Renewables, Inc.
August 6, 2021
Retail Supplier Purchases RECs To Offset Entire Load In Q2, Going Forward
During an earnings call, Spark Energy CEO Keith Maxwell, said that Spark purchased Renewable Energy Credits to offset all of its electric and natural gas load in the second quarter of 2021, and will continue to do that on a go-forward basis.
August 4, 2021
Spark Energy Enters Agreement To Acquire ~50,000 RCEs
In reporting second quarter results, Spark Energy said that, subsequent to quarter end, Spark entered into an agreement to acquire ~50,000 RCEs
June 23, 2021
Large Retail Supplier Seeking To Change Name To Via Renewables, Undergo Rebranding
Spark Energy, Inc. is putting a measure before its shareholders, as a vote, to amend the company's certificate of incorporation to change the name of the company to Via Renewables, Inc.
June 7, 2021
Mega Energy Names Retail Energy Vet As Chief Sales Officer
WP&G Holdings, LLC d/b/a Mega Energy has named Jon Valdetero as Chief Sales Officer
May 28, 2021
Update: Identity Of Book Being Acquired By Spark Energy Brand Revealed
Regulator's Staff Says That Variable Rate Contracts Cannot Be Assigned Under Statute
Starion Energy, Inc. and Major Energy Electric Services, LLC, a brand of Spark Energy, have filed a notice with the Connecticut PURA for the assignment of more than 18,000 Starion Energy electricity customers to Major Energy (as the customer count was stated in a PURA Staff filing)
May 25, 2021
Retail Energy Provider Enters Agreements To Acquire Customer Books
Spark Energy, Inc. ("Spark" or the "Company") announced today that it has executed four separate agreements to acquire a total of approximately 56,900 residential customer equivalents ("RCEs") for a total purchase price of $11.5 million, consisting of approximately 15,700 RCEs in Connecticut's…
May 12, 2021
Spark Energy CEO Says Winter Storm Opened Potential Acquisition Opportunities, Reduced Competitive Environment
Spark Working On Projects In Renewable Space, ESG Strategies
During a recent earnings call covering first quarter results (see prior story for results) , Spark Energy CEO Keith Maxwell said that the February winter weather event has opened up a number of potential acquisition opportunities, and has reduced the current competitive environment
May 6, 2021
Update: Spark Reports Decrease In Customer Count
Earlier: Spark Energy Reports Negative Impact From Winter Storm Uri, First Quarter Results
In a 10-Q, Spark reported that its residential customer equivalents ("RCEs") as of March 31, 2021 was 367,000
May 6, 2021
Update: Spark Reports Decrease In Customer Count
Earlier: Spark Energy Reports Negative Impact From Winter Storm Uri, First Quarter Results
In a 10-Q, Spark reported that its residential customer equivalents ("RCEs") as of March 31, 2021 was 367,000
April 8, 2021
Retail Supplier Reports Departure Of COO
On April 2, 2021, Spark Energy, Inc. ('Spark' or the 'Company') was notified by Kevin McMinn of his intent to step down as Chief Operating Officer ('COO'), effective immediately.
March 4, 2021
Spark Energy Reports 20% Decline In RCEs From Sept. 30 To Dec. 31, 2020
Spark Seeing, "Increased M&A Opportunities"
In a 10-K, Spark Energy disclosed a nearly 20% decline in its residential customer equivalents (RCE) count from September 30, 2020 to December 31, 2020, as the company continues to shift away from lower margin C&I accounts and new customer additions were hampered by COVID restrictions