Texas REP Undergoes Change in Ownership

Texas retail electric provider Andeler Corporation has sought an amendment to its Texas REP certificate to reflect a change in its minority ownership.

Specifically, in combination with a partial stock redemption by Andeler Corporation, RDL Investments, LLC has acquired 35% of the outstanding stock of Andeler Corporation.

RDL Investments, LLC is managed by Robert D. Lee, the same manager for SBD Energy Group, LLC, which as first reported by Matters, previously acquired 65% of Andeler Corporation's stock earlier this fall.