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FERC clears Spark's acquisition of 3 energy retailers

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Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

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Essential Energy Insights - January 2021


FERC clears Spark's acquisition of 3 energy retailers

Spark Holdco has secured FERC approval to three energy retailers fromProvider Power LLC.

Spark Holdco will purchase ElectricityMaine LLC, ElectricityNH LLC and ProviderPower Mass LLC LLC for $28 million, plus net working capitaladjustment.

Spark Holdco is owned 40% by and 60% by W. KeithMaxwell III. Maxwell is also the 60% owner of Spark Energy. (EC16-128)