September 2, 2011
The PUCT approved with additional modifications a revised settlement among Staff, dPi Energy, and other parties which will allow dPi to retain its REP certificate under a sale of the company that removes Zahed "Ed" Lateef from ownership and control (37917).
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August 30, 2011
IDT Corporation, through its Genie Energy Ltd. subsidiary, has filed an initial registration statement, including an information statement, related to the previously reported anticipated spin-off of Genie Energy to IDT stockholders.
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August 25, 2011
Just Energy Group Inc. has entered into a Purchase and Sale Agreement pursuant to which it has agreed to acquire all of the issued and outstanding membership units of Fulcrum Retail Holdings LLC for approximately $79.4 million (all amounts in US $), subject to customary working capital adjustments.
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August 22, 2011
PUCT Directs Enforcement Staff to Investigate Variable Rate Disclosures
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August 16, 2011
NRG Energy, Inc. announced this morning a definitive agreement to acquire Energy Plus Holdings, LLC for $190 million in cash.
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August 3, 2011
Constellation's NewEnergy segment reported higher adjusted earnings of $52 million for the second quarter, versus $44 million a year ago.
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August 2, 2011
Windstream Corp. entered into a definitive agreement to acquire Paetec Holding Corp in a transaction valued at approximately $2.3 billion. Paetec owns retail supplier U.S. Energy Partners, as well as broker Technology Resource Solutions, Inc. (Paetec Energy)
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July 29, 2011
Pa. PUC Grants Temporary Waiver from Budget Billing to Constellation NewEnergy
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July 28, 2011
Direct Energy reported a 32% increase in profit for the first six months of 2011, from US$212 million to US$279 million, due to strong sales performance of Direct Energy Business as well as the acquisitions of Clockwork Home Services and the Wildcat Hills gas assets.
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July 26, 2011
Texas Power will focus on growth "in our own backyard" in the near future, and does not expect any near-term inorganic growth at current customer valuations, David Chase, General Manager of Texas Power, told Matters yesterday.
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July 25, 2011
The proposal from Constellation Energy and Exelon to divest three generating plants in PJM as part of their proposed merger would not eliminate the competitive issues of the merger, PJM's Independent Market Monitor said in comments at FERC (EC11-83).
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July 22, 2011
AEG Affiliated Energy Group has been retained by a retail electricity provider seeking a well capitalized purchaser of its customer portfolio and certain related assets.
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July 21, 2011
In a protest at FERC (EC11-83), the Maryland Office of People's Counsel and Pennsylvania Office of Consumer Advocate called the proposed mitigation offered by Exelon and Constellation Energy as part of their merger application inadequate, while also calling the analysis of retail market issues…
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July 20, 2011
Constellation Energy has signed an agreement to provide electricity to U.S. Postal Service facilities in New York, Massachusetts and Maine through July 2012, continuing a six-year relationship with USPS. Constellation also currently provides electricity to the USPS in Connecticut, Pennsylvania…
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July 20, 2011
The Public Utilities Commission of Ohio must ensure that the acquisition of Dayton Power & Light by AES Corp. allows consumers to have full and unencumbered access to competitive retail electric service (CRES) suppliers, and that that the debt service obligations associated with the proposed "highly…
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July 19, 2011
Dominion East Ohio has entered into an agreement to acquire certain gas distribution assets from Constitution Gas Transport Co., Inc., in Washington County, Ohio.
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July 15, 2011
BlueStar Energy Solutions Lists Ameren Residential Offer on PlugIn Illinois
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July 15, 2011
The New York State PSC has directed Iberdrola, S.A. to restructure the required sale of its fossil fuel generation power plants in New York by offering the plants for sale individually rather than as a group (07-M-0906).
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July 8, 2011
Calpine and LS Power, as well as several usual suspects, are reportedly among the parties providing indications of interest for the first round of the auction of First Choice Power by PNM Resources (see 6/10) .
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July 7, 2011
FERC has approved the merger application of Nstar and Northeast Utilities, finding that the merger will have no adverse effect on competition as a result of either horizontal or vertical market power (EC11-35).
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July 4, 2011
Constellation Now Serving 900,000 Residential Customers with Close of MXenergy Acquisition
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July 4, 2011
Direct Energy is making small business sales a key driver in its U.S. growth plans, executives recently told investors at a Centrica investor conference.
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June 24, 2011
PSEG Power Enters Second Agreement for Odessa Plant Sale
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June 22, 2011
The Pennsylvania Office of Small Business Advocate has filed a complaint at the Pennsylvania PUC seeking, among other things, an investigation into the impact of the proposed Exelon-Constellation Energy merger on the state's retail electricity and natural gas markets (P-2011-2247936).
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June 21, 2011
Stream Energy Elected to NEM Executive Committee
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