November 10, 2020
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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November 9, 2020
Vistra in a filing with the Public Utility Commission of Texas, disclosed how it will serve the Texas retail electric customers it is acquiring from Infinite Energy and Veteran Energy, an acquisition that was reported last week (story here)
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November 9, 2020
Priority Power Management, LLC ("Priority" or the "Company") announced the acquisition of Texas Power Consultants, LLC ("TPC"), expanding Priority Power's energy advisory and consulting services
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November 6, 2020
Galt Power, Inc. disclosed that, as of October 1, 2020, Galt Power acquired MeterGenius, Inc. a competitive retail electricity supplier currently operating in the PJM market
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November 5, 2020
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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November 4, 2020
Vistra, Parent Of TXU, Acquiring Retail Electric Customers From Two Texas REPs Vistra's Retail Residential Customer Count Falls Versus Q2 2020 Vistra Cites "Strong Margin Results" For Retail Segment
Note: An earlier version of this story, concerning the acquisition of the Infinite/Veteran books and select customer and earnings data, was first posted at 6:50 a.m. ET; the story has been updated throughout
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November 3, 2020
Octopus Energy Group, which recently acquired Texas retail electric provider Evolve Energy , announced the acquisition of Upside Energy, an energy software company based in the United Kingdom
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November 3, 2020
Exelon Confirms Strategic Review, Considering Separating Exelon Generation From Exelon Utilities
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November 3, 2020
Exelon Confirms Strategic Review, Considering Separating Exelon Generation From Exelon Utilities
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October 27, 2020
DTE Energy today announced that the Company’s Board of Directors has unanimously authorized management to pursue a plan to spin-off the DTE Midstream business ('Midstream') from DTE Energy.
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October 26, 2020
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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October 21, 2020
Merger Would Result In Affiliation Between Texas REP, TDU
AVANGRID, the parent of two retail suppliers and various utilities, and PNM Resources announced today that their respective boards have approved the merger of PNM Resources into AVANGRID, through an all cash offer for PNM Resources shares priced at $50.30 per share (representing an equity value of…
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October 20, 2020
Asked specifically about Infinite Energy's Texas retail electric business, a media representative for Infinite stated, "Nothing is changing for Texas at this time."
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October 19, 2020
EDF Renewables North America (EDFR) and Geenex Solar, LLC (Geenex) announced the close of an agreement of up to 4.5 gigawatt (GWac) pipeline of solar development assets throughout PJM.
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October 13, 2020
Global Infrastructure Partners (GIP) announced today that it has entered into a Purchase and Sale Agreement with an affiliate of OPC Energy (OPC), a competitive Israeli electricity supplier and generator whose business includes sales to private customers.
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October 12, 2020
Genie Energy Ltd. announced that it has purchased the outstanding 24% interest in its retail energy supply joint venture operating in the United Kingdom (U.K.) from its former joint venture partner.
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October 8, 2020
NRG Energy Inc. announced that, on October 7, 2020, the Company received notice from the Department of Justice and the Federal Trade Commission granting early termination of the Hart-Scott-Rodino (HSR) waiting period for its previously announced Direct Energy acquisition (story here)
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October 1, 2020
Also Sells Ownership Stake In Coal Plant
HomeServe USA (HomeServe) announced the acquisition, through its Energy Services operation, of substantially all of the assets of UGI HVAC Enterprises, Inc. (UGI HVAC) located in Wyomissing, Pennsylvania.
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September 29, 2020
U.K retail energy supplier Octopus Energy, which describes itself as a tech unicorn, announced the acquisition of Texas retail electric provider Evolve Energy
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September 23, 2020
FERC issued an order approving the application of Just Energy Group Inc. (Just Energy), Just Energy (U.S.) Corp. (JEUS), Hudson Energy Services, LLC (HES), Just Energy Illinois Corp. (JEIL), Just Energy New York Corp. (JENY), Just Energy Pennsylvania Corp. (JEP), Just Energy Texas I Corp. (JET), and…
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September 21, 2020
Quest Distributors LLC d/b/a My Quest Energy filed at the Texas PUC for an amendment to its REP certificate to request Commission approval of the transfer and change of ownership of Quest Distributors LLC's REP certificate, customer contracts, and assumed names to MQE, LLC.
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September 18, 2020
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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September 16, 2020
OPC Energy Ltd., a competitive generator and electric supplier to customers in Israel, and a subsidiary of Kenon Holdings Ltd., said that it has signed a letter of intent to acquire control of a CPV (Competitive Power Ventures), with an estimated investment of $700-800 million, part of which is also…
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September 3, 2020
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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September 3, 2020
ENGIE North America announced a new owner for MultiTech, Ltd., a Canadian mechanical and electrical contractor.
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