January 6, 2022
Liberty Power Holdings, LLC, and related debtors (collectively, "Liberty"), have identified certain additional pre-petition and post-petition Selected Customer Accounts that are not either being sold to buyer NRG Energy under the previously reported Stalking Horse Agreement or where such the…
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December 23, 2021
A federal bankruptcy court has confirmed an amended reorganization plan of Pogo Energy, LLC
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November 22, 2021
U.K. retail energy supplier Bulb said that it has made the decision to, "support Bulb being placed into special administration," but that its international retail suppliers, including Bulb Texas, are not immediately affected
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November 18, 2021
Pogo Energy, LLC, (Debtor) has filed with a bankruptcy court a proposed plan of reorganization (the "Plan") that would see the reorganized company continue service to retail customers, as Pogo has reached a settlement with its wholesale supplier and credit provider Luminant
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November 17, 2021
Liberty Power Holdings, LLC and relevant affiliates (Liberty, or Debtors) informed a bankruptcy court that the Debtors are still working towards a "solution" for those Texas customers not included in a book sale to NRG
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November 12, 2021
Just Energy Group Inc. ('Just Energy' or the 'Company'), along with its affiliates Just Energy Texas LP, Fulcrum Retail Energy LLC, and Hudson Energy Services LLC (the 'Just Energy Parties'), today initiated a lawsuit (the 'Lawsuit') against the Electric Reliability Council of Texas ('ERCOT') and…
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November 11, 2021
Just Energy Group Inc. ('Just Energy' or the 'Company') announced that the Ontario Superior Court of Justice (Commercial List) (the 'Court') has, among other things, approved (i) the extension of the stay period under the Companies’ Creditors Arrangement Act (Canada) ('CCAA') to February 17, 2022…
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November 5, 2021
Liberty Reports Sale Process For Remaining Book Did Not Produce Buyer, Seeks To Drop Remaining Customers To Default Service
Liberty Power Holdings, LLC and related affiliates (Liberty, or Debtors) asked a bankruptcy court to approve an amended customer book purchase agreement with NRG under which NRG agrees that it will no longer acquire any Connecticut customers from Liberty as originally contemplated
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November 1, 2021
Just Energy Group Inc. ("Just Energy" or the "Company") announced today that Generac Holdings Inc. ("Generac") announced the signing of an agreement to acquire all of the issued and outstanding shares of ecobee Inc. ("ecobee"), including all of the ecobee shares held by Just Energy.
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October 21, 2021
Working On Sale For Remaining Small Book Supplier Says, Generally, Its Current Market Rates Exceed SOS Rates
Liberty Power Holdings, LLC and certain affiliates (Debtors or Liberty) filed a motion in a bankruptcy court seeking authority to reject certain non-residential contracts which will not be part of any sale to other retail suppliers
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October 16, 2021
At the request of the Investment Industry Regulatory Organization of Canada, Just Energy Group Inc. ('Just Energy' or the 'Company') announced today that, "the Company wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for…
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October 13, 2021
Pogo Energy, LLC ('Debtor') requested that a federal bankruptcy court extend the periods of time under sections 1121(c)(2) and (3) of the Bankruptcy Code within which only the Debtor may file a plan and solicit acceptances of the plan (the 'Exclusivity Periods') by 60 days, stating that Debtor and…
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September 27, 2021
Pogo Energy, LLC (Debor) filed a motion in its bankruptcy proceeding seeking a court order to compel mediation with Luminant Energy Company, its credit facility provider and QSE
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September 17, 2021
Liberty Power Holdings, LLC ("Liberty", "Company", or "Debtor") filed a motion at the Connecticut PURA arguing that a recent bankruptcy court sale order approving the sale of certain of its customers to NRG Energy (including residential customers) prohibits the Connecticut PURA from continuing with…
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September 16, 2021
Just Energy Group Inc. ("Just Energy" or the "Company") announced today that the Ontario Superior Court of Justice (Commercial List) (the "Court") has, among other things, extended the stay period under the Companies’ Creditors Arrangement Act (Canada) ("CCAA") to December 17, 2021 (the "Stay…
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September 10, 2021
Bankrupt Supplier Discusses Path Forward For Remaining RCEs, Potential POLR Drop
A bankruptcy court today approved the sale of a significant book of customers of Liberty Power Holdings, LLC (collectively, 'Liberty Power' or the 'Debtors') to NRG Retail, LLC, which had been previously designated as a stalking horse bidder
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August 31, 2021
An auction for certain assets of Liberty Power Holdings, LLC and related debtors ("Liberty"), which are currently engaged in bankruptcy proceedings, has been cancelled
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August 30, 2021
REP Enjoined From Using "Unsubstantiated" Testimonial Endorsements To Promote Its Service
Texas Attorney General Ken Paxton today formally announced details of the previously approved settlement in the AG's lawsuit against Griddy Energy, LLC
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August 26, 2021
A bankruptcy court has approved a motion from Liberty Power Holdings, LLC, Liberty Power District of Columbia, LLC, LPT, LLC, and Liberty Power Maryland, LLC (collectively, Liberty or Debtors) to designate NRG Retail, LLC as a stalking horse bidder for certain assets of Liberty
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August 20, 2021
Expected Sale Price, Bidder Disclosed Bankrupt Retail Supplier Serving Over 100,000 RCEs
Liberty Power Holdings, LLC, Liberty Power District of Columbia, LLC, LPT, LLC, and Liberty Power Maryland, LLC (collectively, Liberty or Debtors') have filed for approval at a bankruptcy court to designate NRG Retail, LLC as a stalking horse bidder
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July 8, 2021
The Connecticut PURA has reopened the record in the licensing docket of Liberty Power Holdings LLC (Liberty) for the limited purpose of taking evidence regarding alleged "changed conditions" at Liberty, and whether PURA's prior decision should be modified to reflect any changed conditions.
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July 7, 2021
Wholesale Provider Working With "Several Other Similarly Situated Retail Energy Providers" To Work-Though Defaults, Avoid Bankruptcy
During a hearing on first day motions in the bankruptcy proceeding of Pogo Energy, LLC, parties disclosed that Pogo owes $27 million to Luminant, Pogo's wholesale supplier and credit provider
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July 2, 2021
Texas retail electric provider Pogo Energy, LLC has filed a Chapter 11 petition for bankruptcy
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July 1, 2021
Liberty Power Holdings LLC ('LPH') filed a response with the Connecticut PURA opposing a motion from PURA's Office of Education, Outreach, and Enforcement ('EOE') in which EOE sought the re-opening of LPH's licensing docket for the purpose of considering the revocation of LPH's license, with LPH…
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June 29, 2021
The Office of Education, Outreach, and Enforcement (hereafter, "Staff") of the Connecticut PURA requested that the Authority issue a decision to re-open the electric supplier licensing docket of Liberty Power Holdings, LLC (hereafter, "Liberty") to consider revocation of Liberty's license
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