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November 7, 2016
During an earnings call on Friday, CenterPoint Energy, Inc. CEO Scott Prochazka said the company's goal is to grow its competitive energy services business, and is open to opportunistic acquisitions
November 4, 2016
Says FirstEnergy Solutions Could Seek Bankruptcy Protection
FirstEnergy disclosed in reporting earnings today that it is engaged in a "strategic review" of its competitive business and is posturing options to "thoughtfully and expeditiously move away from competitive markets."
November 3, 2016
Dynegy's retail strategy will be focused on organic growth between now and 2018, Dynegy CEO Bob Flexon said during an earnings call
November 2, 2016
The competitive retail electric suppliers formerly owned by Energy Future Holdings, including TXU Energy and 4Change Energy, saw no net change in their customer count from June 30, 2016 to September 30, 2016, according to an EFH 10-Q.
November 1, 2016
AEP in reporting earnings this morning said that it took a pre-tax impairment charge of $2.3 billion in third-quarter 2016 largely to write-down AEP's remaining competitive generation assets in Ohio to their estimated fair value.
October 13, 2016
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 $0.0149 per Unit and a total annualized distribution of $0…
October 6, 2016
PSEG announced today that its coal-fired Hudson Generation Station in Jersey City, N.J., and its Mercer Generation Station in Hamilton Township, N.J., will be retired on June 1, 2017.
October 4, 2016
Just Energy Group Inc. announced that JPMorgan Chase Bank N.A. has joined its Credit Facility as a lender with a commitment of $15 million (all $ Canadian).
October 4, 2016
TCEH Corp. today announced that it and certain of its subsidiaries, including operating businesses Luminant and TXU Energy, have emerged from Chapter 11 as a standalone company effected through a tax-free spinoff from Energy Future Holdings Corp.
October 3, 2016
MVC Capital on Friday provided investors with an update on its business strategy, which included a discussion concerning its investment in U.S. Gas & Electric ("US Gas").
August 18, 2016
Texas-based Discount Power led retail suppliers and brokers in the annual Inc. Magazine 500/5000 rankings of revenue growth at private companies over the past three years.
August 11, 2016
In reporting earnings yesterday, Just Energy disclosed that it lost a net of 134,000 Residential Customer Equivalents from March 31, 2016 to June 30, 2016, due to competitive market conditions in the mass market, and pricing discipline in the C&I market
August 11, 2016
Crius Energy reported that it recorded net customer growth of 26,000 customers (all data is in RCEs) from March 31, 2016 to June 30, 2016
August 11, 2016
Spark Energy reported $11.5 million in Adjusted EBITDA for the quarter ending June 30, 2016, up from $5.4 million a year ago.
August 11, 2016
"I think we're going to continue to see consolidation in the retail market; we'll have an opportunity to capitalize on that" Joe Nigro, Chief Executive Officer of Constellation, said during an Exelon analyst day.
August 10, 2016
In releasing earnings yesterday, Exelon reported terms for Constellation's agreement to acquire the retail energy supply business of ConEdison Solutions
August 9, 2016
NRG Energy said that its retail mass market segment saw its strongest second quarter performance ever, with Adjusted EBITDA of $213 million, versus $209 million a year ago
August 8, 2016
Energy Future Holdings Corp. announced that Texas Competitive Electric Holdings Company LLC (TCEH) entered into DIP Roll Facilities which provide for up to $4.25 billion in financing.
August 5, 2016
AES Corp. disclosed in announcing earnings today that in the second quarter of 2016, DPL recorded a $235 million, or $0.25 per share, asset impairment charge largely related to the Killen generating station.
August 5, 2016
Low electric margins at WGL's retail energy marketing segment resulted in lower earnings at the segment for the quarter ending June 30, 2015 (third fiscal quarter).
August 5, 2016
Genie Retail Energy (GRE), the parent of IDT Energy and several other retail energy companies, reported higher earnings for the quarter ending June 30, 2016 on the strength of improved margins, higher commodity volumes sold, and reduced SG&A expense
August 5, 2016
Consolidated Edison, Inc. in a 10-Q reported the expected proceeds from the previously reported sale of its ConEdison Solutions retail energy supply business to Constellation.
August 3, 2016
Dominion reported an increase in Dominion Retail's average natural gas customer count for the quarter ending June 30, 2016, in releasing earnings today
August 3, 2016
Energy Future Holdings, parent of TXU Energy and 4Change Energy, saw a marginal decline in its residential competitive retail customer count from March 31, 2016 to June 30, 2016, with the decline in-line with the declines seen in recent quarters
August 1, 2016
Calpine is continuing to "double down" on using its generation to directly serve customers, whether via retail or wholesale supply agreements, rather than using financial hedges, Calpine CEO Thad Hill said on Friday.
