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...
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...
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...
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...
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...