May 9, 2017
Company Approaches 1 Million RCEs With Latest Acquisition
Spark Energy, which as previously reported announced yesterday that it had signed a purchase agreement to acquire Verde Energy, said that it is not seeing a lot of competition on some of its M&A transactions.
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May 8, 2017
Spark Energy, Inc. announced that it has signed a purchase agreement to acquire Verde Energy, which Spark said is expected to add approximately 145,000 RCEs and $25 million in annual Adjusted EBITDA
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May 4, 2017
Exelon told investors yesterday during an earnings call that it will sell the portfolio of its ExGen Texas Power LLC subsidiary, which includes nearly 3,500 MW of gas-fired generation in ERCOT
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May 4, 2017
Positions Company To Respond To Evolving Customer Wants
Centrica announced that Io-Tahoe LLC, a wholly owned subsidiary of Centrica plc, has acquired the assets of Rokitt Inc. and Rokitt's proprietary Rokitt Astra technology
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May 3, 2017
The CHRON Organization, Inc. announced today that the Company has entered into a Term Sheet to acquire NAUP Brokerage, LLC, a company which specializes in the brokering of electricity and natural gas for commercial, industrial, and municipal end-use customers.
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May 3, 2017
During an earnings call yesterday, NRG President and Chief Executive Officer Mauricio Gutierrez said that the company continues to see opportunities to add to its retail business in the East, subject to the "limitations" of the eastern retail market
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May 1, 2017
Retail Prez: Organic Growth "More Fun"
Calpine's President of Retail, Trey Griggs, reiterated during an earnings call that the company is satisfied with its retail platform after several acquisitions , and does not intend to pursue any additional large scale retail M&A
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April 28, 2017
Says Customer Relationship "Critical" As AEP Considers Industry Future, Channel Growth (New Products/Services) AEP Still Open To Sale Of Retail Business, But Retail Sale Not Needed Once Merchant Plants Gone
During an earnings call, AEP CEO Nicholas Akins discussed the company's view for its competitive retail business once AEP completes its exit from merchant generation, noting that while the company is open to selling the retail business, AEP may elect to continue to hold the retail business for…
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April 26, 2017
The Chron Organization, Inc. has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission, and in such document, the company disclosed the purchase price for its acquisition of a Texas retail electric provider
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April 25, 2017
Dynegy has entered into an agreement to acquire from AES subsidiaries greater shares in two Ohio generating stations, which would result in Dynegy being the sole owner of the two plants.
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April 25, 2017
Implied Total Enterprise Value Under Transaction Is $167 Million Purchaser Cites Potential For More Strategic Acquisitions
MVC Capital, Inc. announced that Equus Total Return, Inc., a publicly-traded business development company that previously announced its intention to become an operating company, has entered into a definitive agreement to acquire MVC’s largest portfolio holding, U.S. Gas & Electric, Inc.
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April 24, 2017
During an earnings call, NextEra Energy CEO James Robo said that the company will seek rehearing of a Texas PUC decision which denied the company's application to acquire Oncor, but reiterated conditions that would be imposed by the PUC related to board control in any approval are not acceptable.
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April 14, 2017
As first reported by EnergyChoiceMatters.com yesterday morning , the Texas PUC yesterday formally adopted an order denying NextEra Energy, Inc.'s proposed acquisition of Oncor, and a written order was issued yesterday (Docket 46238)
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April 13, 2017
Texas PUC Denies NextEra Acquisition of Oncor
At today's Texas PUC open meeting, Texas PUC Chair Donna Nelson announced that she is leaving the Public Utility Commission of Texas, with May 15 as her last day at the Commission
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April 13, 2017
Commission Advising has filed with the Public Utility Commission of Texas a draft order that would deny NextEra Energy, Inc.'s proposed acquisition of Oncor, which will be considered at today's open meeting
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April 12, 2017
NRG Energy, through Reliant Energy Northeast LLC d/b/a NRG Home, is acquiring the residential customers of Entrust Energy East in New York, New Jersey, Illinois, Ohio, and Pennsylvania.
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April 11, 2017
The Connecticut PURA has again raised concerns with an executed change in control of a retail electric supplier, citing a statute which requires PURA approval for the "transfer" of a license
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April 11, 2017
Reliant Energy Northeast LLC d/b/a NRG Home is acquiring a book of customers from Entrust Energy East, Inc.
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April 5, 2017
Genie Energy Ltd., the parent of several retail energy suppliers including IDT Energy, announced that its Genie Retail Energy division has secured a $20.0 million revolving loan facility with Vantage Commodities Financial Services, LLC.
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April 4, 2017
David C. Wiers, President of Satori Energy, announced that Satori Energy has acquired the assets of Chicago-based Energy Choices, Inc.
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April 4, 2017
Spark Energy, Inc. announced that it has closed on the previously reported acquisition of 19,000 RCEs from National Gas & Electric, LLC (NG&E) and also said that it has exercised an option to acquire an additional 41,000 RCEs from a third party in connection with this acquisition.
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April 4, 2017
Australia-based ERM Power Limited announced the sale of its Source Power & Gas residential electricity retailing business for approximately US$11 million, subject to usual completion adjustments.
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March 31, 2017
As first reported by EnergyChoiceMatters.com yesterday , Commissioners of the Texas PUC agreed unanimously during the March 30 meeting that NextEra Energy's proposed acquisition of Oncor is not in the public interest, and the PUC is preparing an order to reject the transaction on such grounds…
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March 31, 2017
During an earnings call yesterday, Vistra Energy executives discussed its capital allocation strategy and potential for M&A, including potential M&A for its retail segment
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March 30, 2017
Commissioners of the Texas PUC today agreed unanimously that NextEra's proposed acquisition of Oncor is not in the public interest, and the PUCT is preparing an order to reject the transaction on such grounds
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