Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AEG to Explore Merger & Acquisition Opportunities for Client in Retail Electricity Market.


HOUSTON -- AEG AEG Aeger (Latin: Sick)
AEG Allgemeine Elektrizitäts-Gesellschaft (Common Electricity Company)
AEG Aircraft Evaluation Group
AEG Association of Engineering Geologists
AEG Air Expeditionary Group
 Affiliated Energy Group has been retained by a mid-size Texas retail electricity provider seeking to explore strategic merger, acquisition and sale opportunities. AEG is fielding inquiries for its client on a blind inquiry basis. AEG provides a range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 specializing in wholesale and retail energy procurement and hedging strategies, energy-related mergers, acquisitions and venture capital transactions, and various other services.

"We believe the Texas retail energy market is ripe for opportunities to decrease costs through carefully fitted business combinations," said Chad Price Chad Price is best known for being the lead singer for the pop-punk band ALL and alt-country band Drag the River.

He is the third singer for ALL, having replaced Scott Reynolds in 1993.
, Executive Vice President of AEG. "This retail electric provider has operations and customers solely in Texas, has a substantially positive EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become  and serves over 40,000 meters with annual load approximating 1,500,000 megawatt meg·a·watt  
n. Abbr. MW
One million watts.



mega·watt
 hours per year. The customer-base is principally small commercial and residential, with several hundred large commercial end-users."

About AEG Affiliated Energy Group

AEG is an energy and financial services firm headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
. The company specializes in energy-related mergers, acquisitions and venture capital transactions; wholesale energy procurement; energy procurement and consulting for commercial and governmental end users of electricity; regulatory and legislative affairs; electric power plant development services along with consulting services to energy market participants. For more information, visit www.affiliatedenergy.com. Nothing herein constitutes any type of offer, solicitation, recommendation or advice with regard to the sale, marketing, brokerage, dealing, or purchase of any securities or commodities.
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 22, 2008
Words:231
Previous Article:RHI Original Production "Dr. Jekyll and Mr. Hyde" Makes Its U.S. Television Debut.
Next Article:Five Shows from ON Networks Named Webby Awards Finalists, Honorees.
Topics:



Related Articles
Moinian expansion continues with $80m LA purchase.
Branding options up for grabs at $1b stadium and MetroCentre.
New support for Vivitar: the 70-year-old camera company gets marketing, product push following acquisition by Syntax-Brillian.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles