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January 28, 2019
Spark Energy, Inc. ("Spark" or the "Company") today announced the increase of its senior secured borrowing base credit facility (the “Facility”) to $217.5 million in commitments.
December 31, 2018
In response to a final Connecticut PURA decision on changes to the Supply Summary Information requirements applicable to retail suppliers, including dropping customers to default service for missing info in certain instances (see details here) , Connecticut State Senator Len Suzio wrote in a letter…
December 17, 2018
Spark Energy, Inc. ("Spark" or the "Company") announced the resignation of Gil Melman, Spark’s Vice President, General Counsel, and Corporate Secretary.
December 11, 2018
Spark Energy, LLC, in replying to an inquiry from the Connecticut PURA, has provided more details concerning the specific costs which are being passed-through to certain non-residential customers on fixed rate contracts
November 29, 2018
A non-residential customer complaint received by the Connecticut PURA alleges that Spark Energy, L.P. has informed the complainant, who is on a fixed rate contract, that Spark will be passing-through certain changes in ISO New England capacity costs
November 21, 2018
Verde Energy USA New York, LLC has submitted to New York Department of Public Service Staff responses to a Notice of Apparent Failure ("NOAF") dated October 24, 2018.
November 5, 2018
CEO Describes "Perfect" Acquisition Target
During an earnings call on Friday, Nathan Kroeker, Spark Energy's President and Chief Executive Officer, said in discussing M&A that, "we're seeing a number of different M&A opportunities."
November 2, 2018
Spark Energy, Inc. reported Adjusted EBITDA of $18.6 million for the quarter ended September 30, 2018, compared to Adjusted EBITDA of $19.6 million for the quarter ended September 30, 2017
October 25, 2018
Note: This story was first published at 12:20 pm on Oct. 25 with an alert to our email subscribers
October 22, 2018
Spark Energy, Inc. ("Spark" or the "Company") today announced that the Company has signed a definitive agreement to acquire approximately 60,000 residential RCEs from a retail energy provider in the Mid-Atlantic and Midwest regions.
Sponsored
October 9, 2018
Houston, T.X. – October 09, 2018 – EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry , announced the opening of their fourth national office in Houston, Texas.
Sponsored
October 1, 2018
UNIONDALE, N.Y. – October 01, 2018 – EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry , hosted a highly successful second annual user conference September 12 – 14, 2018 at the Marriott…
September 7, 2018
The Connecticut Public Utilities Regulatory Authority has issued a Notice of Violation (NOV) and Assessment of Civil Penalty in the amount of $750,000 against Spark Energy, L.P. (Spark or Company), related to the content of alleged sales calls made by a subcontractor
August 6, 2018
During an earnings call on Friday, Nathan Kroeker, Spark Energy's President and Chief Executive Officer, provided an update on the company's previously announced strategic review, stating, "Following our strategic review, our executive team and Board of Directors believe the best way to deliver long…
August 3, 2018
For the quarter ended June 30, 2018, Spark Energy, Inc. reported Adjusted EBITDA of $16.1 million, compared to Adjusted EBITDA of $20.0 million for the quarter ended June 30, 2017.
May 17, 2018
Perigee Energy, LLC informed the Connecticut PURA that Perigee did not propose dropping all of its customers involuntarily to default service, and applied for a renewal of its license to continue serving such customers
May 11, 2018
As a result of the negative financial impact that extreme cold weather during the first quarter of 2018 had on the business (see story here) , Spark Energy said during an earnings call that it will pull back from the low margin larger C&I business, particularly in the Northeast and New England
May 10, 2018
For the quarter ended March 31, 2018, Spark Energy, Inc. reported Adjusted EBITDA of $15.9 million compared to Adjusted EBITDA of $34.4 million for the quarter ended March 31, 2017.
April 13, 2018
The Connecticut PURA has denied the transfer of Perigee Energy LLC's customers to Spark Energy, and directed, as alternatively proposed by Perigee, that such customers be returned to default service.
March 26, 2018
Spark Energy, LLC has requested a hearing before the Public Utilities Regulatory Authority regarding the March 21, 2018 Notice of Violation and Assessment of Civil Penalty issued to Spark
March 22, 2018
The Public Utilities Regulatory Authority (PURA or Authority) issued a Notice of Violation and Assessment of Civil Penalty (NOV) against Spark Energy, L.P. (Spark or Company) under which PURA would impose a civil penalty in the amount of nine hundred thousand dollars ($900,000) against the Company.
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…
March 12, 2018
During an earnings call, Spark Energy CEO Nathan Kroeker discussed, in response to an analyst question, the company's current view on retail market regulatory proceedings in New York
March 12, 2018
Company Currently Working On Three International Investment Opportunities
During the company's earnings call last week, Spark Energy CEO Nathan Kroeker said that history suggests that the company will see acquisition opportunities from recent market volatility
March 8, 2018
Retains Financial Advisor To, "Explore Strategic Alternatives" Spark Announces Record Earnings
Note: This story was first published at 6:15 pm on March 8 with an alert to our email alert subscribers. Updated on March 9 With Financial Results
