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Infinite Energy Inc

Company Summary

Operational Regions

  • Southeast

Related Entities

Recent news

  • 12/21/2020 - Gas South Closes on... (subscriber access)
  • 10/21/2020 - Gas South Acquiring... (subscriber access)
  • 1/2/2020 - Just Energy Closes on... (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

BUYERS:
  • Gas South
    • SELLERS:
  • Infinite Energy Inc
    • DETAILS:
    NOTES:
    Gas South entered into a deal to acquire Florida-based Infinite Energy and its wholesale & retail electricity business spread across Georgia and Florida. The deal will boost Gas South's customer base to 425,000 and their annual revenues will double to $1 billion. The deal excludes Infinite's Texas retail electricity business.
    REGIONS:
  • Southeast

    • Date: 1/2/2020
    Type: Acquisition

    BUYERS:
  • Infinite Energy Inc
    • SELLERS:
  • Just Energy Group Inc
    • DETAILS:

    COST: 3.4 $MM

    NOTES:
    Just Energy has closed on the sale of their business in Georgia to Infinite Energy for $3.4 million, with the firm citing that the asset had "limited growth possibility and was sub-scale."
    REGIONS:
  • Southeast