May 2, 2019
During an earnings call this morning, Mauricio Gutierrez, NRG President and Chief Executive Officer, discussed potential summer volatility in the ERCOT market as providing an opportunity to acquire retail customer books
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May 1, 2019
Proceeds Disclosed
On March 1, 2019, Retail Consulting Project Co. 2, LLC acquired 100% of the equity in Usource, Inc. from Unitil
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April 25, 2019
Retail energy veteran Preston Ochsner, of Ochsner Interests Inc., told EnergyChoiceMatters.com that he is working on several M&A deals in the retail energy space, acting as a broker, and provided the following observations concerning purchase price, book size, and other drivers that he is…
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April 2, 2019
GE today announced it has completed the sale of its Current, powered by GE business unit to American Industrial Partners (AIP), a New York-based private equity firm focused on buying, improving and growing industrial businesses. Financial details were not disclosed.
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April 2, 2019
Expanding its presence in the Northeastern United States, energy advisory firm 5 has acquired Allenhurst, New Jersey-based Luthin Associates, an energy management consultant in the New York tristate area.
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April 1, 2019
After Transition, Customers Would Be Served Under AEP Texas Central Tariff
Oncor and AEP Texas have filed at the Texas PUC for approval of the proposed transfer of Oncor's distribution assets located in or around the cities of McAllen and Mission from Oncor to AEP Texas
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March 25, 2019
Emera Inc. and ENMAX Corporation (ENMAX) today announced that they have entered into a definitive agreement in which Emera has agreed to sell to ENMAX its interest in Emera Maine, its regulated electric transmission and distribution company in Maine, for a purchase price of $959 million USD ($1,286…
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March 13, 2019
Supreme Energy intends to assign and transfer all of its retail electricity customers in New York to Marathon Power LLC ("Marathon Energy") no earlier than April 15, 2019.
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March 5, 2019
Spark Energy reported that its Retail Gross Margin for electricity was $14.44/MWh for the year 2018, versus $23.46/MWh a year ago
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March 5, 2019
5 Expects Series Of M&A Transactions To Accelerate Growth
Energy advisory firm 5 said that it has completed its first transaction to expand the firm’s breadth and depth by partnering with Simplified Power, a Houston-based energy management firm.
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March 4, 2019
Spark Targeting 1-3 Tuck-in Deals This Year
Spark Energy, Inc. ("Spark" or the "Company") today reported financial results for the year ended December 31, 2018.
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March 1, 2019
During an earnings call, NRG Energy disclosed further details on its customer growth
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March 1, 2019
Targets Achieving Investment Grade Rating, Says Will Help C&I Retail Business Provides More Data On Retail Customer Counts
During an earnings call yesterday, Vistra Energy CEO Curt Morgan said that Vistra is "fully prepared" to take any necessary legal action to defend its previously reported acquisition of Crius Energy should a hostile bidder attempt to disrupt the process.
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February 28, 2019
Will Be On The "Look Out" To Acquire Retail Customers As A Result of Texas Summer Conditions Says Retail Records Fifth Consecutive Year Of Earnings Growth NRG Announces Additional $1 Billion Share Repurchase Authorization
Announces Up To $600 Million Reserved To Achieve Investment Grade Metrics
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February 28, 2019
Vistra Provides Amounts For Expected Synergies From Crius, Also Says Will Avoid $29M Of Organic Retail Growth Investment "Solid" Residential Margins Aid Improvement In Earnings
In reporting Q4 and full year 2018 earnings this morning, Vistra Energy reported a lower residential customer count in ERCOT versus Q3 2018
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February 22, 2019
Declines Retail Supplier's Request To Adopt Blanket Authorization For Persons Holding Interlocking Positions At Affiliated Companies
FERC issued a final order adopting revisions to its rules concerning the mergers of FERC-jurisdictional public utilities, due to recent statutory changes (Docket No. RM19-4)
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February 21, 2019
Announces Target Of £500m In Non-Core Divestments Sees North American Residential Customer Growth (But Net Loss In Texas) North American C&I Supply Business Improving, But Recovery Slower Than Expected With Continued "Squeeze[d]" Margins
Centrica today reported preliminary results for the year 2018, and in doing so announced that it is targeting divestments of non-core positions totalling £500m
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February 20, 2019
Fair View Energy, Inc. said in a regulatory filing that it has been acquired in full by Michael P. McCormick
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February 20, 2019
Vistra Energy Announces Increased Purchase Price For Crius Energy Hike Follows Unsolicited Third Party Acquisition Proposal For Crius That Was Higher Than Original Price
Note: This story has been updated with additional detail, see the update below
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February 15, 2019
Envisions Building Customer-Focused Energy System, Offering More Choices, Energy Solutions
Shell has agreed to acquire 100% of sonnen, a provider of smart energy storage systems and innovative energy services for households.
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February 11, 2019
Ara Partners Group, an industrial private equity firm, today announced a "significant investment" in Priority Power Management, LLC ("Priority Power"), an energy management services and consulting firm headquartered in Midland, Texas.
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February 7, 2019
Vistra Energy and Crius Energy Trust announced they have entered into a definitive agreement pursuant to which Vistra will acquire Crius Energy for cash consideration of C$7.57 per trust unit.
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February 5, 2019
Champion Energy Services, LLC is transferring its Pennsylvania residential customers to affiliate North American Power and Gas
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February 4, 2019
The Texas PUC has approved an amendment to the REP certificate of US Retailers LLC to add the trade name Discount Power to the certificate
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January 28, 2019
NextEra Energy Services, LLC has entered into a transaction under which it will acquire 100% of the direct membership interests in Frontier Utilities Intermediate Holding Company, LLC from Frontier Utilities Holding Company, LLC
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