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February 23, 2017
FirstEnergy Corp. will consider "alternatives" for the retail supply business of FirstEnergy Solutions as part of its decision (first reported yesterday) to exit its competitive businesses by mid-2018, but FirstEnergy Corp. CEO Charles Jones told investors not to expect any announcement on the FES…
February 23, 2017
Centrica Reports Improved Unit Margins For North American Home Business, Reports Earnings
Hive, Centrica's connected home brand, will see a "full launch" of its product range in North America during the first half of 2017, including the Hive smart thermostat, Centrica said in reporting earnings today
February 22, 2017
FirstEnergy said in reporting earnings that it has reached a decision to exit "competitive operations" by mid-2018
February 16, 2017
In releasing earnings today, TransCanada Corporation said of its previously reported decision to sell its Northeast power marketing business, "We are also in the process of monetizing the U.S. Northeast power marketing business."
February 15, 2017
During an earnings call last week, Just Energy CFO Patrick McCullough said that the company has turned "bearish" on the solar segment.
February 13, 2017
Creating a retail energy "powerhouse" is a top priority for Calpine in 2017, Trey Griggs, who was newly named as President of Calpine Retail, said during an earnings call on Friday.
February 13, 2017
John Wilder and Barry Smitherman to Join NRG Board
NRG Energy, Inc. today announced that it has entered into cooperation agreements with affiliates of each of Elliott Management Corporation and Bluescape Energy Partners LLC.
February 10, 2017
Calpine Reports Purchase Price For North American Power
Calpine named Trey Griggs as President, Calpine Retail and Executive Vice President of Calpine Corp.
February 10, 2017
Company To Pursue "Aggressive" Growth With Balance Sheet In Order
With the completion of several financing activities to reduce debt and put its balance sheet in order, Just Energy is now set to undertake "aggressive" growth, including inorganic growth, Just Energy co-CEO Deb Merril said during an earnings call yesterday.
February 9, 2017
Just Energy continued its strategy of improving customer margins, which led to higher margins on new customers signed during the quarter ending December 31, 2016, but an overall decline in customers, the company disclosed in reporting earnings
February 9, 2017
Exelon executives said during an earnings call yesterday that they are "very happy" with the current position of their Constellation competitive retail supply business, but continue to "hunt" for accretive retail M&A.
January 26, 2017
WGL Holdings, Inc., the parent of retail supplier WGL Energy, and AltaGas Ltd. announced that the Boards of Directors of both companies have unanimously approved a definitive agreement and plan of merger for WGL Holdings to be acquired by AltaGas in an all cash transaction for approximately $6.4…
January 12, 2017
Crius Energy Trust announced today that the Board of Directors of Crius Energy Administrator Inc., the administrator of the Trust, has approved a 2% increase to distributions paid on units of the Trust, representing an annualized increase of $0.0152 per unit and a total annualized distribution of $0…
January 11, 2017
Spark Energy, Inc. announced its Adjusted EBITDA guidance of $90.0 million - $100.0 million for the year ended December 31, 2017.
January 4, 2017
Just Energy Group Inc. announced that it has amended and restated its credit facility with its syndicate of lenders to increase the capacity under the credit facility by CDN $50 million to $342.5 million by adding a letter of credit facility (the "LC Facility").
December 28, 2016
Spark Energy, Inc. announced that it has entered into a $25.0 million subordinated debt facility with Retailco, LLC.
December 7, 2016
Vistra Energy Corp., in a presentation to investors, disclosed expected TXU Energy performance for 2016 and guidance for 2017.
December 7, 2016
FirstEnergy's Allegheny Energy Supply Company LLC (AE Supply) unit has entered into a non-binding letter of intent, with an exclusivity provision which expires December 31, 2016, for the sale of its Springdale, Chambersburg, Gans and Hunlock gas-fired facilities and its ownership interest in the…
November 14, 2016
Spark Energy said during an earnings conference call that it continues to identify additional acquisition targets which it will undertake opportunistically.
November 14, 2016
In announcing quarterly earnings, Crius Energy Trust highlighted the transformation from its solar business, through the previously reported acquisition of assets from SunEdison and Verengo, from a reseller to a vertically integrated solar business with margins expected to potentially quadruple as a…
November 11, 2016
Just Energy, which currently operates in the United States, Canada, and United Kingdom, said in reporting earnings that it will expand to the German and Irish retail electric markets
November 11, 2016
Large Retail Supplier Looking At Entering Texas For Solar
Just Energy has removed from its guidance for fiscal 2017 Base EBITDA any contributions from its solar unit.
November 10, 2016
Consistent with its previously reported strategy of focusing on higher margin customers, Just Energy saw a decline of 75,000 Residential Customer Equivalents from July 1, 2016 to September 30, 2016, but increased its gross margin and Base EBITDA for the quarter.
November 10, 2016
Spark Energy, Inc. raised guidance in reporting earnings yesterday.
November 7, 2016
NRG Energy's mass market retail business saw an acceleration of its recurring customer count during the third quarter of 2016.
