Tag: Vectren Source

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