March 18, 2021
Retail Energy Supplier Acquires Software Platform
IGS Energy has acquired Columbus-based JadeTrack, a software provider that helps businesses manage energy usage and improve sustainability program performance.
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Mergers & Acquisitions (M&A)
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March 17, 2021
Brilliant Energy Receives Authority To Continue Operations During Ch. 7, Time May Allow Sale Process To Be Conducted
A bankruptcy judge has granted Brilliant Energy LLC, under a bankruptcy trustee, the ability to continue to operate under a Chapter 7 bankruptcy filing
March 16, 2021
Update #2, 7pm ET: Wholesale Provider Seeks Court Order Converting REP's Bankruptcy From Ch. 7 to Ch. 11, Appointment Of Trustee To Initiate Sale Process Of Customer Book
Earlier: Texas Retail Electric Provider Brilliant Energy Files For Bankruptcy (Chapter 7)
March 16, 2021
Update #2, 7pm ET: Wholesale Provider Seeks Court Order Converting REP's Bankruptcy From Ch. 7 to Ch. 11, Appointment Of Trustee To Initiate Sale Process Of Customer Book
Earlier: Texas Retail Electric Provider Brilliant Energy Files For Bankruptcy (Chapter 7)
March 12, 2021
Texas Retail Provider Acquires Book Of Customers From Energy Monger
Texas retail electric provider Energy Monger informed customers that their contracts are being transitioned to Ampra Energy.
March 12, 2021
Company Announces Divestment Of Texas Retail Energy Business
GridPlus announced that, "out of necessity, [we] have divested our retail energy subsidiary."
March 4, 2021
Spark Energy Reports 20% Decline In RCEs From Sept. 30 To Dec. 31, 2020
Spark Seeing, "Increased M&A Opportunities"
In a 10-K, Spark Energy disclosed a nearly 20% decline in its residential customer equivalents (RCE) count from September 30, 2020 to December 31, 2020, as the company continues to shift away from lower margin C&I accounts and new customer additions were hampered by COVID restrictions
March 2, 2021
Texas PUC Staff Recommend Requiring Retail Provider Iberdrola Solutions To "Halt" Further Expansion In Would-Be Affiliate TNMP Service Area, As Condition Of Merger
This is a breaking news alert. Further details on Staff's testimony supporting its recommendations will follow
March 1, 2021
NRG Says ERCOT Weather Event Impact Within Current Guidance Range
In reporting fourth quarter and full year 2020 earnings today, NRG Energy said that the estimated impact from the ERCOT winter weather event is expected to be within NRG’s current guidance range
February 26, 2021
Start-up Rhythm Acquires Book Of Texas Retail Electric Customers
Start-up retail electric provider Rhythm has acquired a book of Texas electric customers from Entrust Energy and Power of Texas.
February 24, 2021
Updated: Exelon Evaluating "All Options" With Respect To ERCOT Business
Exelon To Spin-off Its Competitive Retail Supply, Generation Business Into Separate Company; Exelon Will Focus Solely On Regulated Utilities
February 23, 2021
Parent Of Broker, Energy Services Providers Invests In Energy Efficiency Company
O2 Investment Partners, LLC announced that, through Mantis Innovation Group, LLC, the parent of EMEX, Patriot Energy, and several other energy services providers, it has made an investment in and partnered with Fairbanks Energy Services, Inc. and its leadership team, "to enhance both companies’…
February 8, 2021
Marketer Acquires Retail Supplier & Broker
Shipley Energy announced the book acquisition of Ohio-based retail supplier and broker, Lykins Energy Solutions and Lykins Energy Advisors, effective January 15, 2021.
February 5, 2021
Total Acquires Nearly 3 GW Of Solar, Storage In Texas
Total announced that it is acquiring a development pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets, all located in Texas, from SunChase Power, and MAP RE/ES, a private energy investment firm.
February 3, 2021
Retail Supplier Acquires Gas Marketing Business, Will Support Growth Of End-User Customer Base
Mansfield Power & Gas, LLC, which operates as a retail natural gas supplier and is a subsidiary of Mansfield Energy Corp., announced today the acquisition of eServices Energy Management, LLC.
February 3, 2021
Catalyst Power Closes Acquisition Of Retail Energy Provider
Catalyst Power Holdings LLC ("Catalyst Power") announced that it has closed its acquisition of US Energy Partners LLC ("USEP"), a retail energy provider based in Buffalo, New York that supplies electricity to middle-market commercial and industrial customers throughout New York state.
February 1, 2021
In Interrogatory, Texas PUC Staff Ask If Avangrid Would Agree To Cease Operations Of Its Retail Provider In TNMP's Territory As Part Of Acquiring TNMP
Staff of the Public Utility Commission of Texas has issued a series of interrogatories to Avangrid, Inc., as part of the Commission's review of the application of Texas-New Mexico Power for approval of the merger of its parent, PNM Resources, and Avangrid. Inc.
February 1, 2021
Priority Power Acquires Broker-Consultant
Priority Power Management, LLC ("Priority" or the "Company") announced that it has acquired Satori Energy Solutions, LLC ("Satori").
January 27, 2021
Retail Supplier Affiliate Acquires Remaining Interest In Distributed Solar Provider Focused On Corporate, C&I Market
EDF Renewables North America (EDFR) announced its 100-percent acquisition of EnterSolar, a national provider of distributed generation solar solutions to corporate commercial and industrial (C&I) customers.
January 25, 2021
International Electricity Supplier Announces Closure Of Acquisition Of Competitive Power Ventures
OPC Energy Ltd. announced that its acquisition of Competitive Power Ventures (CPV) received regulatory approval and has closed.
January 22, 2021
EVgo, An LS Power Company, To Publicly List Through Business Combination
EVgo Services LLC ('EVgo'), which is described as the nation’s largest electric vehicle (EV) public fast charging network in the U.S. and a wholly-owned subsidiary of LS Power, and Climate Change Crisis Real Impact I Acquisition Corporation ('Climate Real Impact Solutions' or 'CRIS') announced today…
January 19, 2021
New York Retail Supplier Acquires Compost Business, Also Enters $120 Million Agreement To Support Community Solar Offering
NOCO, which owns an ESCO along with other energy-related businesses, announced that the company has reached a master agreement with developers to purchase the solar credits from approximately 15 solar array installations across the National Grid and NYSEG service territories in New York.
January 19, 2021
Global Renewables Investment Manager Expands To U.S. With Investment In Texas Wind Portfolio
Greencoat Capital LLP (Greencoat) announced the acquisition of a 24% stake in an 861 MW portfolio of four onshore wind farms located in coastal South Texas (the Portfolio) by Greencoat Vela LLC (Greencoat Vela), an investment vehicle established for the sole purpose of investing in the Portfolio…
January 19, 2021
Dominion Energy Acquires Solar Energy Project In Ohio Which Has PPA With Facebook
Dominion Energy announced today that one of its subsidiaries has acquired the 150-megawatt (AC) Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Invenergy.
January 19, 2021
Macquarie’s Green Investment Group Invests In North American Utility-Scale Storage Developer
Macquarie’s Green Investment Group (GIG) announced that it will make an investment in esVolta, a developer and owner of utility-scale energy storage projects across North America.