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September 1, 2020
UP Power Marketing, LLC ('UPPM' or the 'Applicant'), which had served as a retail electric supplier in Michigan, filed an application at FERC for the disposition of UPPM’s jurisdictional facilities in connection with the sale of the ownership interests of UPPM (as described further below, the…
September 1, 2020
David C. Wiers, President of Satori Energy, announced today that Satori Energy has acquired the assets of Texas Energy Brokers LLC.
August 31, 2020
Broker-consultant EnerConnex, LLC is now a wholly-owned subsidiary of SJI Energy Investments, LLC, effective as of August 7, 2020.
August 21, 2020
Centrica PLC’s Shareholders Approve Acquisition Of Direct Energy By NRG
NRG Energy, Inc. announced that NRG’s previously reported proposed acquisition of Direct Energy, a North American business owned by Centrica PLC, was approved on August 20, 2020 by the requisite vote of Centrica PLC’s shareholders at a general meeting of Centrica's shareholders.
August 18, 2020
American Electric Power today announced that its competitive renewable energy subsidiary, AEP Renewables, has completed the purchase of Invenergy's 20.1% interest in the Desert Sky and Trent Mesa wind facilities in Texas.
August 12, 2020
Ambit Northeast, LLC ('Ambit Energy') and Vistra Corp ('Vistra’) advised the Pennsylvania PUC that they have entered into an agreement for the acquisition by Vistra’s subsidiary, Dynegy Energy Services East, LLC ('Dynegy'), of certain customer accounts of Ambit Energy in the Commonwealth of…
August 7, 2020
Eligo Energy has made an offer to purchase a New York-based retail energy supplier.
August 6, 2020
NRG reported Adjusted EBITDA of $574 million for the second quarter of 2020, versus $469 million a year ago
August 5, 2020
Vistra, the parent of TXU and other retail brands, reported earnings for the quarter ending June 30, 2020.
August 3, 2020
Marathon Energy (Marathon) announced that it has closed on its previously reported Asset Purchase Agreement with National Fuel Resources, Inc. ('NFR'), whereby Marathon acquired NFR’s commercial and industrial gas contracts in New York and Pennsylvania, along with select other assets.
July 31, 2020
Public Service Enterprise Group announced today that it is exploring strategic alternatives for PSEG Power’s non-nuclear generating fleet, which includes more than 6,750 megawatts of fossil generation located in New Jersey, Connecticut, New York and Maryland, as well as the 467-megawatt Solar Source…
July 29, 2020
Funding To Be Used To Purchase Retail Electric & Gas Suppliers Target Market Announced
Start-up Catalyst Power Holdings LLC (Catalyst), an integrated retail energy and distributed energy solutions provider, announced today an initial equity backing of up to $60 million from the energy-focused private equity fund BP Energy Partners (BPEP) of Dallas, Texas, and Catalyst management.
July 24, 2020
In providing a business update in connection with its announced agreement to acquire Direct Energy (story here) , NRG disclosed the capital allocated for small book acquisitions.
July 24, 2020
Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
July 22, 2020
In a management proxy circular, Just Energy disclosed that, on June 23, 2020, a party that had previously entered into an exclusivity agreement with Just Energy concerning a potential transaction submitted another non-binding proposal to acquire certain of Just Energy’s assets.
July 10, 2020
IGS Energy disclosed in a material change filing that it is acquiring certain Ohio residential natural gas customers from Dominion Energy Solutions, Inc. (DES)
July 9, 2020
UGI Corporation announced today that its subsidiary, UGI Energy Services, LLC, acquired GHI Energy, LLC (GHI), a Houston-based renewable natural gas marketer.
June 4, 2020
Sprague Resources LP ('Sprague') announced today that Sprague Resources Holdings LLC ('Holdings') has withdrawn its previously announced non-binding proposal, dated March 25, 2020, to acquire all of the outstanding common units of Sprague that Holdings and certain of its affiliates do not already…
June 3, 2020
Marathon Energy ("Marathon") and National Fuel Resources, Inc. ("NFR") jointly announced that they have entered into an Asset Purchase Agreement whereby Marathon will acquire NFR’s commercial and industrial gas contracts in NY and PA, along with select other assets.
June 2, 2020
ECP Rebrands CenterPoint Energy Services As Symmetry Energy Solutions
CenterPoint Energy, Inc. and Energy Capital Partners, LLC, announced that they have closed on the sale of CenterPoint Energy Services, Inc. (CES) to an affiliate of ECP.
May 29, 2020
NRG has acquired a book of Texas retail electric customers from Windrose Energy (REP certificate 10254)
May 29, 2020
US Retailers, LLC, d/b/a Cirro Energy and Discount Power, which are brands of NRG, have acquired the Texas retail energy business of Texans Energy.
May 14, 2020
Conservice, a provider of utility management and billing solutions to property owners and managers, and which operates retail electric provider Conservice Energy in Texas, announced the close of a "significant strategic investment" by Advent International (Advent), a global private equity investor.
May 8, 2020
During an earnings call, Exelon detailed the impact from COVID-19 on gross margin and load at its Constellation business
May 5, 2020
Deal Provides Access To Capital For Supplier's Organic Growth, Strategic M&A
Boyne Capital (Boyne) announced that it has partnered with management to acquire Pilot Power Group (Pilot or the Company), which acts as a retail electric supplier in addition to being a provider of electric utility billing & data management services, energy portfolio management, and energy…
