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Mergers & Acquisitions (M&A)

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Just Energy to Acquire Fulcrum Retail Holdings

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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PUCT Directs Enforcement Staff to Investigate Variable Rate Disclosures

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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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Pa. PUC Grants Temporary Waiver from Budget Billing to Constellation NewEnergy

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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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BlueStar Energy Solutions Lists Ameren Residential Offer on PlugIn Illinois

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FERC Approves Nstar-NU Merger

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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Constellation Now Serving 900,000 Residential Customers with Close of MXenergy Acquisition

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Mergers & Acquisitions (M&A) News (Page 70) | EnergyChoiceMatters.com