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February 26, 2013
FirstEnergy does not expect the retail electric market investigation newly launched by the Public Utilities Commission of Ohio to result in "significant changes" to the market rules, the company told investors yesterday in reporting earnings.
February 25, 2013
SCANA Corporation has lowered estimates for earnings from its retail gas marketer SCANA Energy due to a "fundamental shift" to thinner margins in Georgia.
February 22, 2013
Migration away from New Jersey Basic Generation Service at the end of 2012 was in line with expectations as headroom narrowed in the fourth quarter, PSEG said yesterday in reporting earnings.
February 21, 2013
Washington Gas Energy Services, Inc. announced that it has entered a five-year secured supply arrangement with Shell Energy North America (US), L.P.
February 21, 2013
Ameren executives said yesterday during an earnings call that its exit from the merchant generation business could take the form of either a sale or restructuring, and management is currently evaluating various exit strategies.
February 20, 2013
Comments from Thomas R. Voss, chairman, president and CEO of Ameren Corporation, in prepared remarks associated with Ameren's earnings announced today, support the view that Ameren is seeking to exit its competitive retail energy supply business.
February 20, 2013
Energy Future Holdings, parent of TXU and Luminant, has noted in its annual 10-K filing that an acceleration in repayment of all borrowings demanded by noteholders could cause the company or the applicable subsidiary to go into, "bankruptcy, liquidation or insolvency."
February 20, 2013
Texas retail electric providers will be challenged to preserve margin in a rising cost environment, and July and August could be an "issue" for certain retail electric providers, TXU Energy CEO Jim Burke said during an earnings call yesterday.
February 19, 2013
AEP is not focused on creating a national retail energy player, AEP President & Chief Executive Officer Nick Akins affirmed during an investor presentation last week.
February 8, 2013
AGL Resources Inc. recently acquired certain assets from NiSource Inc.'s retail services business, which provides warranty protection solutions and energy efficiency leasing solutions for residential and small business customers, for about $120 million.
February 8, 2013
After seeing a slowed pace of net customer growth during the three months ended September 30, 2012, Just Energy saw net customer growth return to recent highs during the three months ended December 31, 2012.
February 8, 2013
Exelon reported during its earnings call yesterday that "hyper-competition" in the retail energy space depressed margins below forecast levels in the fourth quarter of 2012.
February 7, 2013
Exelon this morning announced a cut to its dividend, "to position us to maintain our investment grade rating, return a stable dividend and provide capacity to invest in growth."
February 7, 2013
WGL Holdings' retail energy marketing segment reported non-GAAP operating earnings for the three months ended December 31, 2012 of $12.0 million, versus $13.1 million for the year-ago period.
February 4, 2013
The existence and growth of opt-out municipal aggregations, "frustrates choice," Paul Koonce, Executive Vice President of Dominion Resources, Inc. and Chief Executive Officer of Dominion Virginia Power, said during an earnings call last week.
January 25, 2013
Retail supplier Kiwi Energy, Inc. announced that it has closed a new $10 million financing facility via a revolving line of credit.
January 23, 2013
Energy Future Holdings Corp. has filed in an 8-K selected preliminary unaudited financial data for the year ended December 31, 2012.
January 22, 2013
NRG Energy announced this morning that it is increasing its guidance for both adjusted EBITDA and Free Cash Flow before Growth investments following the successful close of the GenOn transaction on December 14, 2012.
January 17, 2013
U.S. Gas & Electric, Inc. announced today that its board of directors declared a $4.0 million dividend, to be distributed to its shareholders, for the second consecutive quarter.
January 3, 2013
Just Energy Group Inc. announced that its subsidiary’s solar business, Hudson Energy Solar, has entered into financing arrangements with Seminole Financial Services, LLC and another institutional lender.
December 21, 2012
Ameren Corporation (Ameren) has determined that, "it intends to, and it is probable that it will," exit its Merchant Generation business segment before the end of the previously estimated useful lives of that business segment's long-lived assets.
December 17, 2012
Edison Mission Energy announced that it has reached an agreement with the holders of a majority of EME's $3.7 billion of outstanding public indebtedness (Noteholders) and its parent company, Edison International, that, pursuant to a plan of reorganization and pending court approval, would transition…
December 13, 2012
Just Energy Group Inc. announced that it has closed an investment with CPPIB Credit Investments Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board.
November 27, 2012
WGL Holdings' retail energy marketing segment recently reported non-GAAP operating earnings of $8.9 million for the quarter ended September 30, 2012 (fourth quarter of fiscal 2012), compared to non-GAAP operating earnings of $11.8 million for the same quarter of the prior fiscal year.
November 26, 2012
Crius Energy Trust has completed its initial public offering of 10 million trust units priced at $10.00 per Unit for total gross proceeds of $100.0 million (all $ Canadian).
