in News Departments > FYI
print the content item

Richmond, Va.-based Dominion Retail, an energy marketing subsidiary of Dominion, has agreed to acquire Cirro Energy, a Texas retail electric provider. Cirro, which supplies about 2.3 million MWh of electricity to about 52,600 residential and commercial customers, is headquartered in Richardson, Texas.

Closing of the transaction is expected by the end of the third quarter.

"Cirro Energy has provided both outstanding service and value to Texas customers for more than six years," says Richard Zelenko, vice president of Dominion Retail. "Dominion is pleased to acquire such an experienced company with an excellent track record, skilled employees and good prospects for growth in the largest competitive electricity market in the U.S."

According to the companies, Cirro will become a subsidiary of Dominion Retail and maintain its operations in Texas.

SOURCE: Dominion


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015