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Mergers & Acquisitions (M&A)

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Buyer Announced for Integrys Energy Services Book

Exelon Corporation and Integrys Energy Group, Inc. announced that they have entered into a definitive agreement for Exelon to purchase Integrys Energy Services Inc., a competitive retail electricity and natural gas subsidiary serving approximately 1.2 million commercial, industrial, public sector…

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Parent of Gas Marketer Rejected Three Takeover Bids

Gas Natural Inc., the parent of natural gas marketer Energy West Resources and several regulated distribution companies, said that it has rejected "unsolicited and inadequate" offers made by Algonquin Power & Utilities on January 14, March 5 and May 7, 2014 to acquire the company

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License Briefs

Eligo Energy PA, LLC is seeking electric and natural gas supplier licenses in Pennsylvania to serve all customer classes in all service areas, according to a recently posted public notice. Copies of the applications filed with the PUC were not yet available.

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Proton Energy Identifies Buyer

Proton Energy filed for an amendment to its Texas retail electric provider certificate to reflect a change in control, as required by a recent settlement agreement.

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Integrys Solar Business Not Part of Sale of Retail Supplier

Integrys' solar generation business, which is currently part of Integrys Energy Services, is not part of the sale process to divest the retail supply business of Integrys Energy Services prior to Integrys Energy Group being acquired by Wisconsin Energy, Integrys executives said yesterday.

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Crius Energy Acquires Another U.S. Retail Book

Crius Energy has executed, through its affiliates, a purchase agreement to acquire the retail electricity customer portfolio of HOP Energy LLC, a provider of heating oil and petroleum products and related services, for an aggregate purchase price of approximately $1.3 million.

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Mergers & Acquisitions (M&A) News (Page 56) | EnergyChoiceMatters.com