Crius Energy offers consumers a broad suite of energy products and services including fixed and variable contracts, renewable energy, and bundled products to support their energy needs beyond...
With approximately 900,000 residential customer equivalents, Crius Energy, LLC is a comprehensive energy solutions partner that provides electricity, natural gas and solar products to residential and commercial customers.
Texas-based company Vistra Energy Corp (NYSE:VST) has completed the acquisition of electricity and gas retailer Crius Energy Trust (TSE:KWH.UN), which will be delisted from the Toronto Stock Exchange tomorrow.
Vistra Energy has entered into a definitive agreement with Crius Energy Trust to acquire Crius Energy for C$7.57 ($5.69) in cash for each trust unit. Vistra intends to fund the $328m purchase price with cash on hand.
Crius Energy Holdings, LLC operates as a holding company. The Company, through its subsidiaries, specializes in distributing electricity and natural gas to residential and commercial customers.
Crius Energy offers consumers a broad suite of energy products and services including fixed and variable contracts, renewable energy, and bundled products to support their energy needs beyond what is offered by their local utility.
Crius Energy's unitholders will receive CAD 8.8 (USD 6.75/EUR 6) per unit this week. In addition, holders of record on March 26, 2019 are also getting a distribution of CAD 0.209 per unit, a previously declared by Crius. The company is expected to be wound-up following the redemption of the trust units on July 18.
broad, well-differentiated platform that minimizes risk while providing customers with unique and customized brand experiences. Crius Energy was acquired by Vistra Energy for $400M on Feb 7, 2019. Where is Crius Energy's headquarters?
Crius Energy is an independent energy marketer of retail electricity, natural gas and solar products to residential and commercial customers. In its report for the first quarter of 2019, it noted that it was in the advanced stages of winding down its solar installation business known as Verengo.
“We are excited to have reached an agreement with Vistra, a leading integrated power company serving approximately 2.9 million customers with more than 40 GW of generation,” said Michael Fallquist, Chief Executive Officer of Crius Energy.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.