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Commerce Exiting ERCOT Market, Ambit Picks Up Customers

by Affiliated Energy | Oct 28, 2008 | energychoicematters.com

EnergyChoiceMatters.com October 28, 2008 Troubled retailer Commerce Energy is exiting the ERCOT market and has sold its entire Texas customer book, about 60,000 customers, to Ambit Energy for an estimated $14.8 million. The asset purchase agreement includes a...

Commerce Energy Sells Texas Retail Electric Business for $14.8 Million

by Affiliated Energy | Oct 27, 2008 | CNBC

CNBC.com October 27, 2008 COSTA MESA, Calif., Oct 27, 2008 (BUSINESS WIRE) — Commerce Energy Group, Inc. (AMEX:EGR) said today that its principal operating subsidiary, Commerce Energy, Inc., sold all of its retail electric service contracts in Texas to Ambit...

Conditions Favorable for REP Consolidation in ERCOT; M&A Interest Grows

by Affiliated Energy | Jul 22, 2008 | energychoicematters.com

EnergyChoiceMatters.com July 22, 2008 As seen in the Green Mountain-W Power and Light transaction, conditions are ripe for consolidation in Texas, Rob Potosky, executive vice president at Affiliated Energy Group (AEG), told us. Potosky, no stranger to REP M&A as...

ERCOT REP Wants to Hear of Merger, Acquisition, or Sale Opportunities

by Affiliated Energy | Apr 23, 2008 | energychoicematters.com

EnergyChoiceMatters.com April 23, 2008 A mid-size Texas REP with 40,000 meters retained Affiliated Energy Group (AEG) to explore strategic merger, acquisition and sale opportunities. The REP, which only does business in ERCOT, has mostly mass market customers with...

AEG to Explore Merger & Acquisition Opportunities for Client in Retail Electricity Market

by Affiliated Energy | Apr 22, 2008 | CNBC

CNBC.com April 22, 2008 HOUSTON, Apr 22, 2008 (BUSINESS WIRE) — AEG Affiliated Energy Group has been retained by a mid-size Texas retail electricity provider seeking to explore strategic merger, acquisition and sale opportunities. AEG is fielding inquiries for...
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Recent Posts

  • AEG Financial Closes Three More M&A Deals in the Retail Energy Space in Past Seven Months and is Shopping Three More New M&A Opportunities in Texas, PJM, and New York
  • AEG Affiliated Energy Group Supports Future Farmers of America (FFA) in Texas
  • AEG Financial Launches Sale Process For Retail Supplier’s Business
  • NRG Acquires Second Book Of Texas Electric Customers
  • Das M&A-Team der AEG Affiliated Energy Group wurde von drei Strom- und Gasversorgern für Privatkunden (Retail Electricity and Gas Providers, REPs) engagiert, die mehr als 10 Staaten umfassen

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