May 12, 2021
Spark Working On Projects In Renewable Space, ESG Strategies
During a recent earnings call covering first quarter results (see prior story for results) , Spark Energy CEO Keith Maxwell said that the February winter weather event has opened up a number of potential acquisition opportunities, and has reduced the current competitive environment
Click for More
May 12, 2021
Genie Energy Ltd. has entered into and closed on an Equity Purchase Agreement with Hanhwa Q Cells Japan Co., Ltd. (“Hanhwa”) providing for the sale of the equity interests in Genie Japan to Hanhwa.
Click for More
May 10, 2021
--- Octopus Notes Goal To Invest $100M In U.S. Energy Market, Targets 25 Million Accounts
Octopus Energy US formally announced that it has signed an agreement to acquire the residential customer book of Texas retail electric provider Brilliant Energy LLC, which had been exclusively first reported by EnergyChoiceMatters.com on May 5
Click for More
May 6, 2021
The Texas PUC today approved a unanimous stipulation that authorizes, subject to various conditions, the merger of the parent of Texas-New Mexico Power and Avangrid
Click for More
May 5, 2021
Liberty Power Holdings, LLC (the 'Debtor' or 'Liberty') sought bankruptcy court approval to obtain DIP Financing from Boston Energy Trading and Marketing, LLC (BETM) or its designee or assignee (DIP Lender) in an amount equal to $4,000,000 on an interim basis, and thereafter in an amount up to…
Click for More
May 5, 2021
Texas retail electric provider JP Energy Resources LLC recently acquired a book of customers from Iluminar Energy LLC
Click for More
May 5, 2021
A bankruptcy court approved the sale of Brilliant Energy LLC's residential customer book and related assets to Evolve Retail Energy LLC d/b/a Octopus Energy US, as described in our prior story below
Click for More
May 5, 2021
A bankruptcy court approved the sale of Brilliant Energy LLC's residential customer book and related assets to Evolve Retail Energy LLC d/b/a Octopus Energy US, as described in our prior story below
Click for More
April 30, 2021
Vistra Is Watching Market, Don't Be Surprised By Retail Acquisitions In Next Year Or Two
During a call earlier this week updating investors on the impact to Vistra from the ERCOT winter weather event (see story here) , Vistra's chief executive officer Curt Morgan said that the company is "absolutely" interested in opportunistic retail growth
Click for More
April 21, 2021
Liberty Says It Remains Open and Serving Customers Court Filing Details Dispute Between Liberty Power Holdings Under Reconstituted Board, Parent Company
Liberty Power Holdings LLC ("Liberty" or the "Company") issued a statement concerning its filing of a voluntary petition for reorganization under Chapter 11, stating that it, "remains open and serving customers."
Click for More
April 21, 2021
Liberty Says It Remains Open and Serving Customers Court Filing Details Dispute Between Liberty Power Holdings Under Reconstituted Board, Parent Company
Liberty Power Holdings LLC ("Liberty" or the "Company") issued a statement concerning its filing of a voluntary petition for reorganization under Chapter 11, stating that it, "remains open and serving customers."
Click for More
April 13, 2021
The Chapter 7 Trustee (the 'Trustee') for the estate (the 'Estate') of Brilliant Energy, LLC (the 'Debtor') has requested that a bankruptcy court approve a proposed sale process to dispose of Brilliant's retail customer contracts, associated receivables, and associated power hedges (the 'Assets')
Click for More
April 9, 2021
MQE, LLC d/b/a My Quest Energy informed the Texas PUC that it has transitioned its customers to JP Energy Resources, LLC d/b/a Ampra Energy.
Click for More
April 7, 2021
MP2 Energy Retail Holdings LLC, a subsidiary of MP2 Energy LLC, whose parent company is Shell Energy North America (US), LP, has acquired Texas retail electric provider Pulse Power, LLC
Click for More
April 6, 2021
Retail energy suppliers Atlantic Energy LLC ("Atlantic Energy"), Atlantic Energy MD, LLC ("Atlantic Energy MD"), and Atlantic Energy MA LLC ("Atlantic Energy MA," and collectively with Atlantic Energy and Atlantic Energy MD, "Applicants") have entered into a transaction under which Gainline Equity…
Click for More
April 5, 2021
(From 4/2): At Least 18 Interested Parties Already Active In Brilliant Energy Sale Process Brilliant Trustee Seeks Approval For Post-Petition Financing Facility
Trustee Re-engages Former Employees To Resume Customer Billing, Customer Service Backlog
Click for More
April 2, 2021
(From 4/2): At Least 18 Interested Parties Already Active In Brilliant Energy Sale Process Brilliant Trustee Seeks Approval For Post-Petition Financing Facility
Trustee Re-engages Former Employees To Resume Customer Billing, Customer Service Backlog
Click for More
April 1, 2021
Hull Street Energy announced today that it has entered into a definitive agreement to acquire 100% of the ownership interests in the Waterbury Generation facility from a subsidiary of ENGIE North America.
Click for More
March 31, 2021
(Earlier): Texas Retail Provider Acquires Another Customer Book
GB Power provided the statement below concerning the matter. Concerning the allegations made by PUCT Staff, GB Power emphasized that although there was an investigation, there was also a negotiation and potential settlement with the PUCT.
Click for More
March 31, 2021
Customers of Texas retail electric provider Volt Electricity Provider LP have been transferred to Ampra Energy
Click for More
March 30, 2021
Stipulation For TDU's Parent Merger Includes Retail Rate Credit Implemented Through REPs
A unanimous stipulation has been filed with the Texas PUC that would approve, subject to various conditions, the merger of the parent of Texas-New Mexico Power and Avangrid
Click for More
March 30, 2021
Price For Prior Book Sales To Rhythm, NRG Disclosed
Entrust Energy (and affiliates, collectively known as the Debtors) has filed with a bankruptcy court a declaration in support of its bankruptcy which provides certain information regarding Entrust activities leading up to, and after, the ERCOT winter event
Click for More
March 23, 2021
A federal bankruptcy judge has told a trustee leading Brilliant Energy's Chapter 7 bankruptcy that "speed is key" in a sales process meant to preserve any value in Brilliant Energy's assets
Click for More
March 19, 2021
Arcadia Power has acquired Texas concierge electricity shopping service Real Simple Energy
Click for More
March 18, 2021
PPL Says Acquisition Positions Company To Invest In Sustainable Energy Solutions, "Eager" To Assist In State's Decarbonization Goals
PPL Corporation announced that it has entered into definitive agreements to sell its U.K. utility business, Western Power Distribution (WPD), to National Grid plc for £7.8 billion and, in a separate transaction, to acquire National Grid's Rhode Island utility business, The Narragansett Electric…
Click for More