HomeNovember 15, 2018
Crius Discloses Final Purchase Price For Earlier Book Acquisition
Copyright 2018 EnergyChoiceMatters.com.
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
In its Q3 earnings report, Crius Energy Trust disclosed the final purchase price for a book acquisition completed earlier this year
In June 2018, Crius purchased the customer contracts and associated assets of approximately 15,000 electric residential customer equivalents in Connecticut, Maine, Maryland, Massachusetts, New Hampshire, Ohio, Pennsylvania and Rhode Island from a Massachusetts-based energy retailer.
Crius said in its Q3 report that the final purchase price for this transaction was $630,000
Previously, in its Q2 report, Crius had disclosed a "preliminary" purchase price of $600,000 for this transaction
Crius in its quarterly reports did not specify the identity of the seller of the 15,000 RCE book described above
However, as previously reported by EnergyChoiceMatters.com, Mint Energy, LLC (which was based in Massachusetts) had in May 2018 announced that it had entered into an agreement to sell the "bulk" of its U.S. retail power contracts to Crius Energy, LLC's licensed affiliates.
You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.
Copyright 2018 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com.

