Deal Snapshot
Genie Energy Acquires Retail Customer Portfolio from Mega Energy
Wednesday 30 November 2022

US-based retail energy and renewable energy solutions provider Genie Energy Ltd (NYSE: GNE) has acquired a portfolio of residential and small commercial customer contracts from Mega Energy, the company said.

The portfolio of acquired customers is located in seven states in the Northeast and Midwest, all within Genie's current geographic footprint of deregulated retail markets. Terms of the deal were not disclosed.

Date Published: 30/11/2022