July 5, 2018
South Jersey Industries (SJI) has entered into an agreement to sell its portfolio of solar energy projects to an entity managed by Goldman Sachs Asset Management (GSAM) for approximately $350 million in cash.
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June 28, 2018
In two memos in advance of today's open meeting, Texas PUC Chairman DeAnn Walker recommended that a rulemaking be opened to address how a generator's capacity is counted for purposes of compliance with various market share thresholds and limitations under PURA
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June 20, 2018
Astral Energy, LLC is acquiring a book of customers from National Choice Energy, LLC (NCE)
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June 19, 2018
The New Hampshire PUC approved, in an order nisi, Liberty Utilities' (Granite State Electric) sale of its Electric Water Heater Rental Program.
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June 6, 2018
ERCOT in a recent market notice stated that stakeholders and Public Utility Commission of Texas (Commission) Staff have requested that ERCOT create and maintain a list of Competitive Retailer (CR) contact information (Acquisition Transfer Contact List) on ERCOT’s public website that would include…
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June 1, 2018
Provides Entry For Parent of Pa. Utility To Expand Product Offerings, Gain Additional Experience With New Tech. Shaping Future Of Energy Hires Storage, Renewable Energy Vet To Lead Distributed Energy Push
PPL Corporation announced on May 31 that it had acquired Safari Energy LLC, described as a leading provider of solar energy solutions for commercial customers in the U.S.
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May 29, 2018
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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May 22, 2018
Note: This story was first published the evening of May 22 with an alert to our email subscribers
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May 21, 2018
NextEra Energy, Inc. today announced it has entered into definitive agreements with Southern Company to acquire Florida City Gas, a natural gas utility that offers a choice program for business customers, as well as Gulf Power and Southern's ownership interests in the Oleander and Stanton…
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May 15, 2018
Will Review Strategic Alternatives For Solar Business Says Weather-Related Volatility Creates Opportunity For More Tuck-In Acquisitions Of Smaller Retailers
In reporting earnings today, Crius Energy Trust announced that, having conducted a strategic review, it will now focus on its retail energy supply business, and explore strategic alternatives for its solar business
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May 11, 2018
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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May 10, 2018
For the quarter ended March 31, 2018, Spark Energy, Inc. reported Adjusted EBITDA of $15.9 million compared to Adjusted EBITDA of $34.4 million for the quarter ended March 31, 2017.
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May 8, 2018
GI Endurant, LLC d/b/a GI Energy (GIE) announced that Rilette Springs, LLC, an affiliate of Shell New Energies, U.S. LLC (Shell), has made a strategic investment in GIE, purchasing a majority and controlling interest.
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May 7, 2018
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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May 4, 2018
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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May 3, 2018
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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May 3, 2018
Responding to a question about an increase in retail M&A activity and books being shopped, Joseph Nigro CEO, Constellation and Executive Vice President, Exelon said during Exelon's first quarter earnings call that Exelon is "always" interested in retail acquisitions and will be "aggressive" if…
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May 1, 2018
Public Service Enterprise Group discussed its competitive retail energy business during its quarterly earnings conference call, with Ralph Izzo, chairman, president and chief executive officer of Public Service Enterprise Group, stating that the company is focused on organic retail growth after…
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May 1, 2018
ENGIE North America Inc. today announced that it has acquired Unity International Group, an electrical construction and maintenance provider which delivers electrical construction, data and telecom, IT, and critical safety and security systems
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May 1, 2018
ONEnergy Inc., the parent of retail supplier Sunwave Gas & Power, announced its intention to sell its retail Gas & Power business
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April 23, 2018
CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced they have entered into a definitive merger agreement to form an energy delivery, infrastructure and services company serving more than 7 million customers across the United States.
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April 17, 2018
Star Energy Partners, LLC (Star Energy or the Applicant) submitted an application at FERC requesting authorization for a series of completed and planned equity raises and transfers by and among Star Energy's upstream owners (collectively, the Transactions).
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April 11, 2018
Zenergy Brands, Inc. (f/k/a The Chron Organization, Inc.) announced that it closed on its acquisition of Enertrade Electric LLC, a Texas-based Retail Electric Provider (REP), on April 3rd.
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April 4, 2018
This story was first published on April 4, with an alert to our email alert subscribers
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April 2, 2018
This story was first published on April 2, with an alert to our email alert subscribers
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