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Just Energy to eliminate over 200 positions
Q2: U.S. Solar and Wind Power by the Numbers
Essential Energy Insights - September 17, 2020
Essential Energy Insights September 2020
Rate case activity slips, COVID-19 proceedings remain at the forefront in August
Just Energy Group Inc. will eliminate over 200 positions to save approximately C$40 million in general and administrative expenses for fiscal year 2020.
The company said in a March 21 announcement that the move is aligned to its transition into a consumer company.
The company expects to incur about C$9 million in severance costs in the fourth quarter of fiscal 2019, but it will not impact its previously issued fiscal 2019 base EBITDA guidance range of C$200 million to C$220 million.