May 5, 2020
Vistra CEO Still Notes Risk For Smaller REPs Heading Into Summer, Says Some "Movement Afoot" In REPs Seeking To Sell Books
Curt Morgan, Vistra Energy's president and chief executive officer, said during an earnings call today that the Texas retail electric market would have seen, "carnage", had the Texas PUC not adopted a previously reported Electricity Relief Program that reimburses retail electric providers $0.04/kWh…
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April 20, 2020
American L&P Co. filed to relinquish its Texas retail electric provider certificate
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April 14, 2020
AEG Affiliated Energy Group represented represented the seller, Thermo Choice, LP, in the transaction
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April 13, 2020
Just Energy Group Inc. today announced that it has sold all of the shares of Just Energy Japan KK ("Just Energy Japan") to Astmax Trading, Inc.
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April 9, 2020
Pilot Power Group, Inc., a retail electric supplier, reported in a regulatory filing that the Company was recently involved in a reorganization transaction that consists of the following (the "Transaction"):
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April 9, 2020
Continues To Explore Alternatives, Certain Asset Sales Also Provides Update On COVID-19
Just Energy Group Inc. ('Just Energy' or the 'Company') today provided an update on its previously announced strategic review process, "which has taken into account the impact of COVID-19 on the Company and the markets more generally," the Company said
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April 8, 2020
Various Oaktree funds and related entities ("Reporting Persons") have filed a Schedule 13D with the SEC disclosing their position in Sprague Resources LP, as the Oaktree funds said that they would discuss with Sprague Resources LP (the "Partnership") the Partnership's plans to enhance shareholder…
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March 27, 2020
Sprague Resources LP (Sprague') announced today that it received an unsolicited non-binding proposal from Sprague Resources Holdings LLC (Holdings') dated March 25, 2020, pursuant to which Holdings would acquire all of the outstanding common units of Sprague that Holdings and certain of its…
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March 24, 2020
Vistra CEO Says Bad Debt Could Double Vistra "On The Lookout" For Acquisition Of Stressed Retail Providers
Curt Morgan, Vistra Energy's president and chief executive officer, said during a Wolfe Research fireside chat that Vistra, which owns various retail energy providers in Texas including TXU, is working with the PUC and other stakeholders on a bad debt "backstop mechanism" in light of the current…
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March 11, 2020
PALMco Power OH, LLC, d/b/a Indra Energy and PALMco Energy OH, LLC d/b/a Indra Energy said in a filing at the Public Utilities Commission of Ohio that a sale of its Ohio book, contemplated as a means to exit the Ohio market per a previously reported settlement agreement, did not occur.
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March 5, 2020
Spark Energy in a 10-K further disclosed details of the sale of its Japanese joint venture
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February 28, 2020
In a 10-K, NRG Energy disclosed information related to small retail energy customer book acquisitions which occurred in 2019.
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February 28, 2020
Retail Earnings Lifted By Acquisitions CEO: Taking Company Private Would Not Be "Silver Bullet" To Valuation
Vistra Energy, the parent of TXU and several other retail energy brands, said in announcing full-year 2019 earnings that it organically grew its ERCOT residential customer count in 2019, for the second year, "with strong customer acquisition and retention strategies and execution."
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February 27, 2020
Eversource Energy announced that it has reached an agreement to purchase the Massachusetts natural gas assets of Columbia Gas for $1.1 billion from NiSource.
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February 27, 2020
NRG CEO Discusses Potential For Evaluation Of Taking Company Private Retail Segment Reports Stable Margins, Customer Growth
During an earnings call today, NRG CEO Mauricio Gutierrez, in discussing capital allocation, said that, despite consolidation in the retail market, there are "still some opportunities" in potential retail acquisitions that would meet NRG's financial hurdles, as well as being superior to share…
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February 24, 2020
CenterPoint Energy, Inc. provided further information in an 8-K concerning an interim goodwill impairment valuation of their Energy Services reporting unit
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February 20, 2020
Rhoads Energy is acquiring all of the retail natural gas customers of Mack Oil Company d/b/a The Mack Services Group, a retail natural gas supplier operating in Pennsylvania
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February 17, 2020
FERC has approved certain transactions to execute a spinoff of FirstEnergy Solutions (FES), and related competitive companies, to FES's creditors, as part of FES's bankruptcy reorganization plan
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February 10, 2020
Just Energy Revises Downward 2020 Base EBITDA Guidance From Continuing Operations, Free Cash Flow Guidance, In Announcing Earnings Reports RCE Growth Since Sept. 30 Even With Focus On Profitability And, "Competitors Pricing Aggressively"
Average Realized Gross Margin Per Consumer RCE Higher
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January 22, 2020
Nine bidders are thus far competing for a retail supplier serving customers in PJM and New York which, as previously reported, initiated a strategic review process
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January 14, 2020
Building automation and energy services provider Albireo Energy, LLC, whose services include retail energy brokering and procurement, announced the acquisition of Advanced Automated Systems, Inc. ("AAS").
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January 8, 2020
Vistra Energy Corp. and NextEra Energy, Inc. have applied at FERC for a series of transactions that will ultimately result in two generating assets currently co-owned by the companies to each becoming solely owned by one of the respective companies
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December 31, 2019
Closes Sale of Irish Business Announces Annualized Cost Savings Of C$60 million
Just Energy Group Inc. ("Just Energy" or "the Company") announced that it has sold all of its customer contracts and natural gas in storage in the State of Georgia to Infinite Energy for approximately US$3.4 million (approximately C$4.4 million), subject to customary adjustments.
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December 23, 2019
Says Strategic Review, "Should Be Concluded As Soon As Reasonably Possible" Strategic Review Delay Has Caused Stockholders To Defer Decisions On Governance, Management, Business Focus, Capital Priorities, Snyder Says
Snyder Says Just Energy Can Be Remedied Through Installation Of, "Industry-Expert And Invested Oversight"
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December 20, 2019
LS Power announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners.
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