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Retail Supplier Launches Sale Process, After Court Approval

Planet Energy Ontario (PE Ontario), a Toronto-based retail electricity and natural gas supplier serving residential and commercial customers, today announced, through KSV Restructuring Inc., a court-appointed Interim Receiver, the commencement of a sale process for its business and assets.

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Just Energy Announces Recognition Of Reverse Vesting Order

Just Energy Group Inc. ('Just Energy' or the 'Company') announced that the Bankruptcy Court for the Southern District of Texas, Houston Division (the 'U.S. Court') has granted an order (the 'Recognition Order') that, among other things, recognizes and gives effect, in the United States, to the…

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Just Energy Announces Proposed Plan For Emergence From Bankruptcy; Cash Payments Or Equity To Certain Creditors; Resulting Company To Be Private

Just Energy Group Inc. ('Just Energy' or the 'Company') announced that it has entered into a Support Agreement and a Backstop Commitment Letter (each as defined below) with certain of its principal stakeholders, which provides for a comprehensive restructuring and recapitalization transaction that will be implemented pursuant to a plan of compromise and arrangement (the 'Plan') under the Companies’ Creditors Arrangement Act (the 'CCAA').

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Ontario Retail Energy News | EnergyChoiceMatters.com