February 26, 2018
Notes Increased Bad Debt From Hurricane Harvey
Vistra Energy, the parent company for TXU Energy and Luminant, today reported financial results for the 12 months ended Dec. 31, 2017.
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February 26, 2018
Summer Energy Northeast, LLC (Summer Northeast), a wholly-owned subsidiary of Summer Energy Holdings, Inc., entered into a transaction with EDF Energy Services, LLC (EDF), whereby EDF becomes Summer Northeast’s primary provider for the purchase and sale of electricity and would, subject to certain…
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February 22, 2018
In reporting earnings for the year 2017, Dynegy provided an update on its retail business
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February 22, 2018
Adjusted Operating Profit, Gross Margin Up For North America Home Business Centrica Enters "Retail Partnerships" To Expand North America Home Sales Channels
Centrica's North America Business (C&I) segment delivered a, "poor financial result," in the second half of 2017, Centrica said in reporting preliminary results for the year ending December 31, 2017, due to increased competitive intensity and changes in market structure and input costs, including…
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February 21, 2018
Details Declining Retail Sales Volumes in Earnings Report
FirstEnergy Corp. announced a series of management changes at its various operating segments, and has also reported fourth-quarter and full-year earnings
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February 14, 2018
Inspire, which describes itself as, "a consumer technology company focused on enabling everyone to have a smart home powered by clean energy," and which is engaged in retail supply (Inspire Energy), announced today that it has entered into a multi-year strategic relationship with Shell Energy North…
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February 14, 2018
Recent volatility may provide an opportunity for higher margins for commercial retail energy accounts as "bottom feeders" may get "shook out" from the market, Just Energy CFO Patrick McCullough said last week during an earnings call.
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February 8, 2018
"Expects" Some Retail Suppliers Have Had Trouble With January Weather, Prices
In discussing earnings this morning, Just Energy executives said that they are keeping a keen eye on acquisition opportunities, given that they expect some retail suppliers will have had trouble with recent weather-related market price volatility
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February 8, 2018
Gross Mass Market RCE Additions Down On "Shrinking Customer Books In North America", Offset By International Growth Just Energy Expands To 48 New Sam's Clubs, Integrates Digital Strategy With Retail Storefront Presence
Just Energy reported accelerated customer growth during the three months ended December 31, 2017
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February 8, 2018
Exelon CEO Says Starting To Hear Others Feeling "Pain" Of Recent Months Reports Others Increasing Pass-Throughs In Retail Contracts
During an Exelon earnings call yesterday, Joseph Nigro, CEO of Constellation, said that it was too early to determine what, if any, impacts recent cold snaps would have on the competitive intensity in the retail business, but did report on two behaviors Constellation is seeing the market.
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February 7, 2018
NRG Energy, Inc. and Global Infrastructure Partners (GIP) have entered into a Purchase Agreement for GIP to purchase NRG's ownership in NRG Yield and NRG's Renewables Platform for cash proceeds of $1.375 billion, subject to certain adjustments.
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January 24, 2018
Centrica Innovations (CI) has announced its investment in EtaGen, which Centrica described as, "a California based start-up developing a Linear Generator that offers businesses affordable and flexible onsite power that’s also reliable and clean."
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January 22, 2018
Spark Energy, Inc. ("Spark" or the "Company") announced today that is has updated its guidance on 2017 Adjusted EBITDA.
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January 15, 2018
Spark Energy, Inc. ("Spark" or the "Company") announced today that the company and Verde Energy USA Holdings, LLC ("Verde") have agreed to terminate the earnout provisions of the purchase and sale transaction in which Spark acquired Verde’s operating subsidiaries in July 2017.
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January 8, 2018
PowerLink Partners LLC announced today that it has acquired Trident Retail Energy Company, LLC (d/b/a Trident Power)
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December 14, 2017
The U.S. Securities and Exchange Commission has filed a complaint in federal district court alleging that Premier Holding Corporation ('Premier' or 'the Company') engaged in a, "fraudulent scheme," to, "mislead investors about Premier's success and prospects, hide Premier's losses, inflate its…
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November 29, 2017
ONEnergy Inc., the parent of retail supplier Sunwave Gas & Power Inc., said in reporting earnings yesterday that, in addition to the previously reported disposition of its Home Comfort (HVAC) business, the company is engaged in an evaluation of opportunities to deliver value to shareholders which…
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November 27, 2017
Reports "Significant Market Pressures" For North American C&I Retail Biz
In a trading update, Centrica reported that its Centrica Business division has, "experienced significant market pressures in our North America Business retail power book."
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November 17, 2017
Shifted Focus Provides Increased Flexibility To Make Strategic Investments In Retail Energy Biz Suspends Exploratory Oil and Gas Drilling Program in Northern Israel
Genie Energy Ltd. announced that, as the result of an analysis of an exploratory well in its drilling business and an attendant suspension of such exploratory activity, the company, "plans to sharpen its strategic focus on its retail energy supply business."
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November 14, 2017
ONEnergy Inc., OZZ Electric Inc. (OZZ), and OZZ Clean Energy Inc. (OCE) have mutually terminated the arrangement agreement announced on August 21, 2017.
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November 14, 2017
Crius Reports Negative Impact On Q3 Results From Mild Weather
Crius Energy Trust reported Adjusted EBITDA of $18.3 million in the third quarter of 2017, representing a decrease from $20.6 million achieved in the third quarter of 2016.
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November 10, 2017
Just Energy Set To Launch In New International Market
Discusses Potential "Weeding Out" Of Smaller Retail Suppliers Given Headwinds, Texas Retirements; Opportunity For Inorganic Growth, Improvements To Competitive Environment
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November 9, 2017
Reports Negative Impact From Hurricane Harvey Expands To 150 New Storefronts, Total Now Approaches 250
Just Energy reported quarterly results for the period ending September 30, 2017
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November 6, 2017
Spark Energy: Seeing Fewer Opportunities For M&A As Sellers' Valuations Increase Spark Energy: Shifting M&A Focus To International Equity Investments In Smaller Suppliers Spark Energy Reports Financial Impact From Hurricane Harvey
Spark Energy said in reporting earnings on Friday that it is under a letter of intent with a retail supplier counterparty active in the UK, Ireland, and Canada
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November 3, 2017
Vistra Energy, the parent of TXU Energy and other retail brands, announced that its Retail Electricity segment recorded Adjusted EBITDA of $176 million and net income of $7 million for the three months period ending September 30, 2017
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