May 14, 2020
Conservice, a provider of utility management and billing solutions to property owners and managers, and which operates retail electric provider Conservice Energy in Texas, announced the close of a "significant strategic investment" by Advent International (Advent), a global private equity investor.
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May 13, 2020
Calpine reported results for the three months ended March 31, 2020 (Q1 2020)
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May 8, 2020
Retail Revenue, Volume Data Disclosed
NRG reported in a 10-Q its mass market customer count, which is lower than the total as of December 31, 2019
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May 8, 2020
Remains Committed To C&I Strategy For Constellation Continues To Look For Attractive Retail Books Which May Come To Market
During an earnings call, Exelon detailed the impact from COVID-19 on gross margin and load at its Constellation business
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May 7, 2020
Just Energy Group Inc. (Just Energy or the Company) announced that, "due to delays in accounting closing procedures, audit procedures and other operations resulting from the COVID-19 pandemic, the Company will release its audited annual financial statements and related management discussion and…
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May 7, 2020
Company Increases Quarterly Dividend
Genie Energy Ltd. said in reporting earnings that, on a consolidated basis, the company generated the highest levels of quarterly revenue and gross profit in the company's history during the first quarter of 2020
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May 7, 2020
NRG Reports Estimate For Expected Bad Debt From COVID-19 NRG "Monitoring" Retail Market For Potential Acquisitions From Stressed Retail Suppliers, But Not A Priority
NRG has reported earnings for the first quarter of 2020. In doing so, NRG has changed its business segments for reporting earnings, and no longer reports results specific to Retail operations
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May 6, 2020
In reporting earnings, Dominion reported its average retail energy marketing customer accounts for the first quarter of 2020
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May 6, 2020
AEP, in reporting earnings for the first quarter of 2020, said that its competitive retail segment (AEP Energy) saw higher retail margins versus the year-ago quarter
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May 6, 2020
Notes "Headwinds" From COVID-19, Says Customer Book Will Shrink From Door-to-Door Sales Suspension Company Reviewing Dividend In Light Of Impacts From COVID-19 Pandemic
Spark Energy, Inc. ("Spark" or the "Company") reported higher Adjusted EBITDA and unit margins for the quarter ended March 31, 2020.
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May 5, 2020
Vistra CEO Still Notes Risk For Smaller REPs Heading Into Summer, Says Some "Movement Afoot" In REPs Seeking To Sell Books
Curt Morgan, Vistra Energy's president and chief executive officer, said during an earnings call today that the Texas retail electric market would have seen, "carnage", had the Texas PUC not adopted a previously reported Electricity Relief Program that reimburses retail electric providers $0.04/kWh…
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May 5, 2020
Residential Customer Count Lower Retail Segment Quarterly Adjusted EBITDA Higher On Acquisitions Since Prior Year
In reporting earnings today, Vistra Energy reported that it expects a negative $60 million impact to its Retail segment near-term from COVID-19, but affirmed 2020 guidance as the decline would be offset by gains in its Generation segment
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April 30, 2020
In reporting earnings for the first quarter of 2020, AltaGas Ltd., the parent of WGL Energy, reported, "higher margins and growth in customer base from WGL's retail power marketing business."
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April 28, 2020
Vutiliti which describes itself as a, "smart utility monitoring company," announced today that it has received a Series A investment of $11.75 million led by Constellation Technology Ventures, the venture investing arm of Exelon Corporation, and Cycle Capital Management.
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April 27, 2020
Summer Energy Holdings, Inc. (the 'Company') reported in an 8-K that on April 20, 2020, Summer Energy Holdings, Inc., as borrower, received $2,342,300 in loan funding from the Small Business Administration ('SBA') Paycheck Protection Program ('PPP'), established pursuant to the recently enacted…
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April 23, 2020
Reports Lower Contribution From Customer Supply & Trading Business
During an earnings call, Jim Robo, Chairman and Chief Executive Officer of NextEra Energy, Inc. said that NextEra Energy Resources's battery storage investments in 2021 are now expected to exceed $1 billion
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April 14, 2020
Liberty Power has ceased pricing new retail energy supply deals for an interim period, multiple sources have confirmed to EnergyChoiceMatters.com
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April 9, 2020
Continues To Explore Alternatives, Certain Asset Sales Also Provides Update On COVID-19
Just Energy Group Inc. ('Just Energy' or the 'Company') today provided an update on its previously announced strategic review process, "which has taken into account the impact of COVID-19 on the Company and the markets more generally," the Company said
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April 8, 2020
Various Oaktree funds and related entities ("Reporting Persons") have filed a Schedule 13D with the SEC disclosing their position in Sprague Resources LP, as the Oaktree funds said that they would discuss with Sprague Resources LP (the "Partnership") the Partnership's plans to enhance shareholder…
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April 7, 2020
Snyder Seeks Lists Of Just Energy Shareholders
Just Energy Group Inc. ("Just Energy" or the "Company") announced on April 6 that it will hold its annual and special meeting of shareholders (the "Meeting") on August 11, 2020.
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April 6, 2020
Expects "Significantly Lower" Q1 Results From Other Factors
Calpine Corporation issued a news release providing a COVID-19 operational and financial update
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April 1, 2020
Reports Suspension Of In-Store, Door-to-Door Marketing
Just Energy Group Inc. ("Just Energy" or the "Company") announced today that it has amended its senior secured credit facility to increase the senior debt to EBITDA covenant ratio from 1.50:1 to 2.15:1 and the total debt to EBITDA covenant from 3.50:1 to 4.00:1 for the fourth quarter of the…
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March 30, 2020
Supplier Expects Unit Gross Margin To Improve In 2020
Summer Energy Holdings, Inc. filed a 10-K detailing its 2019 financial results, and included a disclosure of various risk factors, including the coronavirus (COVID-19) outbreak.
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March 27, 2020
Sprague Resources LP (Sprague') announced today that it received an unsolicited non-binding proposal from Sprague Resources Holdings LLC (Holdings') dated March 25, 2020, pursuant to which Holdings would acquire all of the outstanding common units of Sprague that Holdings and certain of its…
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March 25, 2020
Just Energy Group Inc. ('Just Energy' or the 'Company') announced that, on March 23, 2020, it received written notification from the New York Stock Exchange ("NYSE") that it was not in compliance with the standard set forth in Rule 802.01C of the NYSE Listed Company Manual that requires listed…
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