Utilities M&A » By The Online Investor Staff, updated Tue., Apr. 16, 6:16 PM
Recent mergers and acquisitions in the Utilities M&A category.
| This Slide: #19 of 100 |
Slide #19. Crius Energy Trust — U.S. retail energy customer portfolio of Superior Plus Energy Services, a division of Superior Plus Corp.
Acquirer:
Crius Energy Trust (KWH.UN.CA)
Acquiree:
U.S. retail energy customer portfolio of Superior Plus Energy Services, a division of Superior Plus Corp. (SPB.CA)
Details:
Crius Energy Trust (TSX: KWH.UN), today announced that Crius Energy LLC, a comprehensive energy solutions provider, has executed, through its affiliates, a binding agreement to acquire the U.S. retail energy customer portfolio of Superior Plus Energy Services, a division of Superior Plus Corp. (TSX: SPB). The acquisition includes approximately 20,000 residential and small commercial customer accounts totaling approximately 40,000 residential customer equivalents.
Crius Energy Trust is an independent energy retailer operating in the United States, with approximately 610,000 residential customer equivalents. Co. serves residential and small to medium- size commercial customers in the United States and markets its products through a variety of sales channels and brand names. Co. sells electricity in 11 states and the District of Columbia, natural gas in seven states and the District of Columbia and solar energy products and services in six states.
Open the KWH.UN.CA Page at The Online Investor »
Crius Energy Trust is an independent energy retailer operating in the United States, with approximately 610,000 residential customer equivalents. Co. serves residential and small to medium- size commercial customers in the United States and markets its products through a variety of sales channels and brand names. Co. sells electricity in 11 states and the District of Columbia, natural gas in seven states and the District of Columbia and solar energy products and services in six states.
Open the SPB.CA Page at The Online Investor »
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