Tag: acquisition

Direct Energy Buzz – January 6 edition

Direct Energy Buzz – January 6 edition

Happy New Year! Hope everyone had a great time ringing in 2012. What did you do to celebrate this year? Direct Energy celebrated by drawing the winners in our ‘Tis the Season sweepstakes… We’ll tell you who won right after our weekly recap. On Monday, we brought you the science behind your New Year’s resolution.

Direct Energy acquires Vectren Source for $39 Million

Direct Energy, one of North America’s largest competitive energy and energy-related services company, announced today it has acquired Indiana-based natural gas retailer Vectren Source, a wholly-owned subsidiary of Vectren Corporation (NYSE: VVC), for US$39 million in cash plus additional working capital as part of the company’s continued expansion of its North American downstream business in

Direct Energy to Acquire Carrot Creek Natural Gas Assets

Direct Energy, North America’s largest competitive energy and energy-related services company, has reached an agreement with Encana Corporation to acquire producing natural gas weighted assets in the Carrot Creek region of west central Alberta, Canada for C$58 million in cash plus additional resource and infrastructure assets. The transaction will provide Direct Energy with an additional

Direct Energy to Acquire Home Warranty of America

Direct Energy, North America’s largest competitive energy and energy-related services company, has reached an agreement to acquire Home Warranty of America (HWA), a leading supplier of whole home protection plans across the United States. With this addition to its Services business, Direct Energy will leverage the scale of the HWA platform and its own expertise

First Choice Power and Direct Energy Combine Forces to Focus on Putting Customers First

First Choice Power’s holding company announced today that it has sold First Choice Power to Direct Energy. This is a great day for both organizations, and we are excited about the opportunities ahead for our employees, our customers and our partners. First Choice Power continues to build on multiple quarters of unprecedented growth. This momentum