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Mergers & Acquisitions (M&A)

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Energy Consultant Acquires Broker

Competitive Energy Services (CES) and Risk Services Group (RSG) announced that, effective September 8, 2022, CES has acquired RSG’s electricity and natural gas procurement consulting business.

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Retail Supplier To Acquire New York ESCO

Pay Less Energy, LLC ('Pay Less') and City Power & Gas, LLC ('CPG') have entered into a transaction under which 33 Sigma Holding Inc. ('Buyer' or '33 Sigma') will acquire and directly own 100 percent of the equity interests in Pay Less

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Genie Retail More Than Doubles Adjusted EBITDA To Record Level

Sells Part Of International Book To Monetize Hedges, Evaluating Options To Further Optimize European Business Given Increased Value of Forward Hedges

In reporting earnings for the quarter ending June 30, 2022, Genie Energy, Ltd. said that the Genie Retail Energy (GRE) segment delivered record second quarter levels of gross profit, income from operations and Adjusted EBITDA, "highlighted by strong margins in its retail book."

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Mergers & Acquisitions (M&A) News (Page 17) | EnergyChoiceMatters.com