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Update: Crius Energy Trust To Acquire U.S. Gas & Electric

MVC Says Crius Acquisition of USG&E Determined To Be Superior To Equus Transaction Crius Energy Trust Announces Acquisition of U.S. Gas & Electric, Inc. and C$110 Million Bought Deal Offering of Subscription Receipts

Update, 5/31: MVC Capital, Inc., the parent of U.S. Gas & Electric, Inc., said that the Crius Acquisition (first reported yesterday, see below) was determined to be superior to the Equus transaction announced last month.

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RESA: PPL's Comments Show "Uncertainty" Over Treatment Of Existing Customers Once PUC Restricts Shopping For CAP Customers To CAP-SOP Program, Would Welcome PUC Clarification

The Retail Energy Supply Association said that a May 16 letter from PPL Electric Utilities (PPL) regarding the new Customer Assistance Program Standard Offer Program (CAP-SOP), which will be the only vehicle for CAP customer shopping at PPL starting June 1, shows that there is uncertainty concerning…

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SFE Energy Receives License In New State

The Illinois Commerce Commission recently granted SFE Energy Illinois, Inc. d/b/a SFE Energy an alternative retail electric supplier license to serve nonresidential customers with annual electric consumption greater than 15,000 kWh in the territories of Ameren and Commonwealth Edison.

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PPL: "Multiple" Retail Suppliers Intend To Participate In CAP Standard Offer Program (Will Be Only Mechanism For CAP Customer Shopping Starting June 1)

PPL: "Unequivocal" That CAP-SOP Order Provides That "All" Existing CAP Customer Contracts Remain In Place

Dismissing operational concerns raised by the Retail Energy Supply Association, PPL Electric Utilities (PPL) said in comments to the Pennsylvania PUC that "multiple" retail suppliers "intend" to participate in the Customer Assistance Program Standard Offer Program (CAP-SOP), which will be the only…

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PJM Region Retail Energy News (Page 190) | EnergyChoiceMatters.com