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January 31, 2017
The NRG Companies, responding to an RFI that was first exclusively reported by EnergyChoiceMatters.com on January 24 , have admitted that they have expressed an interest in acquiring Gexa Energy.
January 27, 2017
Provides Update On Disposition Of Remaining Merchant Generation
Discussing updates to efforts at the Ohio legislature to restructure the state's electricity market, AEP CEO Nick Akins said that the company is focused on developing "surgical" provisions that would allow AEP Ohio investment in new generation, rather than broader re-regulation that would implicate…
January 26, 2017
WGL Holdings, Inc., the parent of retail supplier WGL Energy, and AltaGas Ltd. announced that the Boards of Directors of both companies have unanimously approved a definitive agreement and plan of merger for WGL Holdings to be acquired by AltaGas in an all cash transaction for approximately $6.4…
January 25, 2017
The Chron Organization, Inc. (CHRON) said in a news release today it has finalized terms and executed all binding closing documents in the acquisition of Enertrade Electric, LLC, a Texas-based Retail Electric Provider doing business as Shyne Energy.
January 24, 2017
In an RFI to the NRG Companies in the Texas PUC proceeding examining NextEra Energy, Inc.'s proposed acquisition of Oncor, NextEra Energy, Inc. has requested that the NRG Companies "admit or deny" that NRG has expressed an interest in acquiring Gexa Energy.
January 20, 2017
FirstEnergy Corp. announced it has entered into an agreement to sell four merchant natural gas generating plants in Pennsylvania and its merchant portion of a Virginia hydroelectric power station to Aspen Generating, LLC, a wholly-owned subsidiary of LS Power Equity Partners III, LP.
January 19, 2017
PUCT Staff Cites Concerns From Risks of NextEra's Non-Regulated Businesses, Transaction Debt
Staff of the Public Utility Commission of Texas have filed testimony stating that NextEra Energy's proposed acquisition of Oncor is, "not in the public interest without making substantive changes and additions to the applicants' proposed commitments," as Staff cited concerns regarding the risks from…
January 19, 2017
Santanna Natural Gas Corporation d/b/a Santanna Energy Services reported to regulators that on January 03, 2017, Santanna Energy Services completed the transition to an employee owned company, through Santanna's Employee Stock Ownership Plan (ESOP).
January 17, 2017
Start-up broker-consultant Benchmark Services, Inc. is "actively targeting" potential broker business acquisitions while also priming itself for organic growth, Benchmark Services, Inc. President Mark Tackley told EnergyChoiceMatters.com
January 12, 2017
Texas Industrial Energy Consumers have proposed that Oncor be required to provide millions of dollars in rate credits as a condition of its acquisition by NextEra, with retail electric providers required to pass through the credits to customers
January 12, 2017
In a statement of position filed with the Public Utility Commission of Texas, the NRG Companies have recommended that the PUC should require NextEra to divest its Texas retail electric providers as a condition of acquiring Oncor
January 11, 2017
Benchmark Services, Inc., which offers procurement services to commercial and industrial customers through an online procurement platform, announced that it has acquired New York-based Natural Gas Business Associates
January 4, 2017
Geothermal and renewable energy developer Ormat Technologies, Inc. announced that it has entered into a definitive agreement to acquire substantially all of the business and assets of Viridity Energy, Inc., a privately held company specializing in demand response, energy management and energy…
January 3, 2017
Sprague Resources LP announced today that its wholly owned subsidiaries, Sprague Operating Resources LLC and Sprague Energy Solutions Inc., signed a definitive agreement with Global Companies LLC to acquire the assets of Global’s natural gas marketing and electricity brokerage businesses for…
December 30, 2016
David C. Wiers, President of Satori Energy, announced that Satori Energy has acquired a book of electricity contracts from Florida-based Best Power, LLC.
December 29, 2016
Dynegy has proposed to divest generation in response to a FERC order requiring mitigation of Dynegy's proposed acquisition of 8,731 megawatts of generation capacity from Engie (f/k/a GDF Suez)
December 27, 2016
Talen Energy Marketing, LLC reported to regulators that Ralph Alexander will serve as President and Chief Executive Officer of the company, following the previously reported recent close of a transaction under which the company's parent, Talen Energy Corporation, merged with an affiliate of…
December 23, 2016
Divestiture Or Other Mitigation Measures Must Be Proposed
FERC issued an order finding that a transaction under which Dynegy would acquire 8,731 megawatts of generation capacity from Engie (f/k/a GDF Suez) raises competitive concerns in certain capacity market local deliverability areas, and conditioned approval of the acquisition on mitigation
December 22, 2016
ONEnergy Inc., the parent of Sunwave Gas & Power, announced that it has entered into a letter of intent (LOI) with OZZ Electric Inc., which contemplates an acquisition of all of the common shares of OZZ in exchange for the issuance of common shares of a successor corporation to ONEnergy.
December 21, 2016
The Connecticut PURA reiterated that the acquisition of Noble Americas Energy Solutions, LLC by a Calpine subsidiary, under which the acquired retail supplier was renamed Calpine Energy Solutions, LLC, constituted a transfer of a supplier license and required prior approval of the Authority, but…
December 15, 2016
Regulator Prohibits Retail Supplier From Enrolling New Customers While Acquisition Reviewed
The Connecticut PURA, in a letter to Calpine Energy Solutions, LLC, said that Calpine's acquisition of Noble Americas Energy Solutions, LLC constituted a "transfer" of Noble's license, and, as such, required PURA approval.
December 15, 2016
On December 8, 2016, Abest Power & Gas executed an Asset Purchase Agreement with Public Power, LLC, a unit of Crius Energy, pursuant to which Public Power will acquire Abest’s retail electric supply customers.
December 12, 2016
Just Energy Group Inc. announced that it plans to enter the German retail energy market through the acquisition of db swdirekt GmbH (SWDirekt), a provider of natural gas and power to consumers in Germany.
December 7, 2016
FirstEnergy's Allegheny Energy Supply Company LLC (AE Supply) unit has entered into a non-binding letter of intent, with an exclusivity provision which expires December 31, 2016, for the sale of its Springdale, Chambersburg, Gans and Hunlock gas-fired facilities and its ownership interest in the…
December 2, 2016
The Public Utility Commission of Texas ordered that AEP Texas file a study concerning the potential introduction of consolidated rates for its AEP Texas Central and AEP Texas North division, which, as adopted by the PUCT yesterday, will be merged into a single entity
