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Mergers & Acquisitions (M&A)

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Retail Supplier Acquiring 200,000 Customers

Dominion Energy Solutions, Inc. ("DES") provided to the Public Utilities Commission of Ohio notice of the transfer of its Ohio residential, small commercial, and government aggregation customer contracts to Interstate Gas Supply, Inc. ("IGS").

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NRG Sets Aside Capital For Future Small Retail Book Acquisitions

NRG Provides Update On Financing For Direct Energy Acquisition NRG Expects To Undertake Further Non-Core Asset Sales, Expects To Realize At Least $250 Million Net Proceeds

In reporting third quarter 2020 earnings today, NRG Energy provided an update concerning the financing of its previously reported agreement to acquire Direct Energy, which is pending final regulatory approval from FERC, with the updated financing plan no longer requiring new equity issuance

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Retail Supplier To Be Sold

ArcelorMittal S.A. ('ArcelorMittal'), its indirect, wholly owned subsidiaries ArcelorMittal USA LLC ('ArcelorMittal USA') and ArcelorMittal Cleveland LLC ('ArcelorMittal Cleveland'), along with Cleveland-Cliffs Inc. ('Cliffs') and its indirect, wholly owned subsidiary AK Electric Supply LLC ('AK…

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Private Equity Firm Acquires Retail Energy Broker

424 Capital announced today that it has launched its first new fund in the 424 series, 424 Capital Fund I, which simultaneously completed the acquisition of Hospital Energy, an energy management firm which develops and manages energy procurement strategies for U.S. hospital systems.

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Just Energy Receives Final Court Approval to Proceed with Recapitalization and Announces Subscription Offering Participation

Announces Litigation Settlement Related To Prior Acquisition

Just Energy Group Inc. ("Just Energy" or the "Company") announced that it has received the final court approval required to close the Company’s recapitalization plan (the "Recapitalization") and subscriptions totaling approximately C$52 million through the equity subscription option included in its…

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Mergers & Acquisitions (M&A) News (Page 26) | EnergyChoiceMatters.com