November 26, 2018
Agway Reports Customer Count, Financial Data
Suburban Propane Partners, L.P. presented an update on its retail energy supply business, Agway Energy Services, LLC, in a 10-K filing.
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November 21, 2018
WGL Holdings' Retail Energy Marketing Segment Reports Lower Unit Margins In Electricity
Customer Count Relatively Flat
For the fiscal year ending September 30, 2018, WGL Holdings' Retail Energy Marketing Segment reported Adjusted EBIT of $37.3 million, versus $41.6 million a year ago
November 19, 2018
Zenergy, Parent Of Texas REP, Reports Quarterly Results
Zenergy Brands, Inc., the parent of Texas retail provider Enertrade Electric, has filed a 10-Q for the period ending September 30, 2018
November 15, 2018
Crius Discloses Final Purchase Price For Earlier Book Acquisition
In its Q3 earnings report, Crius Energy Trust disclosed the final purchase price for a book acquisition completed earlier this year
November 15, 2018
Summer Energy Reports Compressed Unit Margins
In reporting quarterly earnings, Summer Energy Holdings, Inc., the parent of retail suppliers in Texas and the Northeast, reported compressed unit margins
November 14, 2018
As Part Of Ending Municipal Aggregation Business, Crius May "Divest" Current Municipal Aggregation Book
Note: This story was first published the evening of Nov. 14 with an alert to our email subscribers
November 12, 2018
Genie Retail Energy Discloses Purchase Price For Prism Solar Technologies
In a 10-Q, Genie Retail Energy (GRE) disclosed the purchase price for its previously reported acquisition of a majority stake of Prism Solar Technologies
November 9, 2018
Calpine Reports Results From Retail Segment
In reporting earnings for the quarter ending September 30, 2018, Calpine reported results from its Retail segment
November 9, 2018
Just Energy CEO Discusses View On M&A, Targets
During an earnings call, Just Energy CEO Pat McCullough discussed the company's view on M&A opportunities.
November 9, 2018
NRG Reports Purchase Price For Retail Books Including 115,000 Customers
NRG has disclosed a purchase price for the recent acquisition of several retail customer books and brand names
November 8, 2018
NRG Increases Mass Market Customer Count
Company Says "Strong" Retail Earnings Recorded Despite Higher Supply Costs In Q3
NRG Energy reported that its Retail segment recorded "strong" Adjusted EBITDA of $269 million for the third quarter of 2018, $10 million lower than the third quarter of 2017 ($279 million), driven by higher margin enhancement costs.
November 7, 2018
Just Energy Base EBITDA Jumps 81% On "Improved Pricing Power"
Note: This story was first published the evening of Nov. 7 with an alert to our email subscribers
November 6, 2018
Genie Retail Energy Sees Wider Profit
Says Solar Acquisition Will Allow Integration Of Services, Expand Value Offered To C&Is
Genie Retail Energy reported higher profitability for the quarter ending September 30, 2018 (3Q18) on higher revenues and a reduction in customer acquisition costs.
November 5, 2018
Spark: Seeing "Number" Of Acquisition Opportunities
CEO Describes "Perfect" Acquisition Target
During an earnings call on Friday, Nathan Kroeker, Spark Energy's President and Chief Executive Officer, said in discussing M&A that, "we're seeing a number of different M&A opportunities."
November 2, 2018
Lower Unit Margins Result In Flat Spark Energy Earnings
Spark Energy, Inc. reported Adjusted EBITDA of $18.6 million for the quarter ended September 30, 2018, compared to Adjusted EBITDA of $19.6 million for the quarter ended September 30, 2017
November 2, 2018
TXU Parent To Invest $20 Million In 2019 For Organic Retail Growth
Vistra Energy, the parent of TXU, Dynegy, and other retail brands, said in reporting earnings today that it plans to invest approximately $20 million in 2019 on an organic retail growth initiative.
October 31, 2018
PSEG CEO Cites "So Thin" Retail Margins
During an earnings call yesterday, in discussing PSEG's decision to wind down its retail business, which had been first exclusively reported by EnergyChoiceMatters.com earlier this month , Public Service Enterprise Group CEO Ralph Izzo described retail margins as, "so thin."
October 11, 2018
Updated: PSEG Confirms Wind Down Of Retail Supply Business
In reporting 3rd quarter earnings, Public Service Enterprise Group made the additional statement concerning the wind down of its retail business which had been first exclusively reported by EnergyChoiceMatters.com: "[PSEG] Power recently decided to exit the retail electric marketing business, having…
September 17, 2018
Crius Energy Signals Cost Reductions Will Exceed Targets
Crius Energy Trust ("Crius Energy", the "Company" or the "Trust") announced that, "it is poised to exceed the high-end of its cost reduction guidance, with a run-rate in excess of $25 million in annualized cost reductions by the end of 2018."
September 13, 2018
Just Energy Group Inc. Announces A US$250 Million Multi-Draw Term Financing, Provides Capital To Fund Ongoing Organic Growth, Accretive Acquisitions
Just Energy Group Inc. ("Just Energy" or the "Company") announced that it has entered into a US$250 million (approximately C$325 million equivalent) non-revolving multi-draw senior unsecured term loan facility (the "Loan') with Sagard Credit Partners, LP (SCP) and certain funds managed by a leading…
September 11, 2018
Parent Sells C&I Retail Supply Business
AltaGas Ltd. announced that it has entered into definitive agreements for the sale of non-core midstream and power assets in Canada, including its Canadian C&I retail supply business, and power assets in the United States, for total proceeds of approximately $560 million (all $ Canadian unless…
September 10, 2018
Retail Supplier To Acquire Provider of Home Water Filtration Technology
-- Strategic acquisition advances Just Energy’s transformation to a value-added consumer products provider
September 7, 2018
Parent To Divest Retail Supplier, Says Sale Process "Well Advanced"
In recently reporting earnings, ERM Power Limited said that a sale process for its U.S. business Source Power & Gas, "is well advanced."
August 24, 2018
Just Energy Issues Statement On Recent Market Activity
• Just Energy's fiscal year begins on April 1
August 16, 2018
Parent Of Retail Supplier Reports Quarterly Results
Zenergy Brands, Inc., which as previously reported recently acquired retail electric provider Enertrade Electric and also offers various energy efficiency and services, reported a loss from operations of $1.0 million, and a net loss of $1.5 million, for the three months ended June 30, 2018, versus a…