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Mergers & Acquisitions (M&A)

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Private Equity Firm Invests In EMEX

O2 Investment Partners recently announced that it had made a "significant investment" in broker-consultant EMEX, LLC, "partnering with President Dan Marzuola and his management team to continue growing the business."

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Spark Energy To Pull Back From "Low Margin" Larger C&I Business

Spark Expects Opportunities For Small Tuck-In Acquisitions To Increase From Shake-Out From Winter Volatility, Says Getting Calls From Potential Sellers

As a result of the negative financial impact that extreme cold weather during the first quarter of 2018 had on the business (see story here) , Spark Energy said during an earnings call that it will pull back from the low margin larger C&I business, particularly in the Northeast and New England

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Sale Price Revealed For Sale Of Retail Supplier

In a 10-Q, New Jersey Resources Corporation (NJR) disclosed the sale price for its disposition of NJR Retail Services Company, which as exclusively reported by EnergyChoiceMatters.com, was sold to Direct Energy Business Marketing, LLC

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Vistra (TXU Parent) To Grow Retail Business Through Dual Strategy Of M&A, Organic Growth

But CEO Says Current Retail M&A Opportunities Passing Value Test Is "Not Easy" Vistra Reports Retail Customer Growth, Higher Earnings

Vistra Energy, which as previously reported will engage in a strategy of expanding its retail business now that it has completed its acquisition of Dynegy, said during an earnings call this morning that it will pursue a "dual strategy" of organic retail growth and evaluating retail M&A opportunities…

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NRG Reports Higher Retail Earnings

NRG Energy reported that its Retail segment recorded Adjusted EBITDA of $188 million for the first quarter of 2018, $55 million higher than first quarter 2017, due to lower operating costs and higher gross margin with increased customer count, higher customer usage and favorable weather in 2018

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Mergers & Acquisitions (M&A) News (Page 36) | EnergyChoiceMatters.com