Key Developments: Just Energy Group Inc (JE)

JE on New York Consolidated

5.39USD
26 Dec 2014
Price Change (% chg)

$0.19 (+3.65%)
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Latest Key Developments (Source: Significant Developments)

Just Energy Group Inc announces Dec. quarterly dividend
Monday, 1 Dec 2014 07:32am EST 

Just Energy Group Inc:Declares a quarterly dividend of C$0.125/common share (C$0.50 annually) will be paid on Dec. 31 to shareholders of record at the close of business on Dec. 15.  Full Article

Just Energy Group Inc closes sale of National Home Services to Reliance Comfort Ltd Partnership
Tuesday, 25 Nov 2014 02:00am EST 

Just Energy Group Inc:Closed its previously announced sale of National Energy Corp (which operates under the name National Home Services) (NHS), its water heater and HVAC home services business, to Reliance Comfort Ltd Partnership.Headquartered in Toronto with operating branches located across the country, Reliance employs more than 1,200 team members and serves more than 1.6 million residential and commercial customers.  Full Article

Just Energy Group Inc. announces closing of sale of National Home Services to Reliance Comfort Limited Partnership
Monday, 24 Nov 2014 06:17pm EST 

Just Energy Group Inc:Says that it has closed previously announced sale of National Energy Corporation, to Reliance Comfort Limited Partnership.The purchase price received was $505 million.  Full Article

Just Energy Group Inc reaffirms FY 2015 EBITDA guidance
Thursday, 13 Nov 2014 08:50am EST 

Just Energy Group Inc:Reaffirms FY 2015 guidance range of $163 million to $173 million of Base EBITDA.  Full Article

Just Energy Group Inc announces closing of Hudson Energy Solar Corp
Wednesday, 5 Nov 2014 07:30am EST 

Just Energy Group Inc:Has closed its previously said sale of Hudson Energy Solar Corp, its commercial solar development business, to TerraForm Power Inc.and SunEdison, Inc.Says purchase price includes assumption or repayment by purchaser of about $33 mlnin outstanding debt plus payment of $23 mln cash.  Full Article

Just Energy Group announces verdict reached in Hurt, et al v. Commerce Energy, Inc. et al
Wednesday, 8 Oct 2014 07:30am EDT 

Just Energy Group Inc:Says that jury in Federal Court of the Northern District of Ohio reached verdict in Hurt, et al vs Commerce Energy, Inc. et al class action lawsuit.The verdict supports the plaintiffs' class and collective action that certain individuals were not properly classified as outside sales people in order to qualify for an exemption under minimum wage and overtime requirements pursuant to Fair Labor Standards Act and Ohio wage and hour laws.Potential amounts owing have yet to be determined and will be subject to a separate proceeding.Just Energy - parent Company of Commerce Energy - disagrees with the result. Just Energy strongly believes it complied with law, is investigating all legal options and plans on appealing the verdict.  Full Article

Just Energy reaches agreement on the sale of Hudson Energy Solar Corp
Friday, 19 Sep 2014 07:30am EDT 

Just Energy Group Inc:Enters into an agreement to sell the shares of Hudson Energy Solar Corp.Purchase price to be paid will allow the assumption or repayment by the purchaser of about US$33 mln in outstanding debt plus the payment of about US$23 mln cash at closing.CIBC World Markets acted as financial advisor to Just Energy with respect to the transaction.  Full Article

Just Energy Group Inc announces September quarterly dividend
Tuesday, 2 Sep 2014 08:30am EDT 

Just Energy Group Inc:Declares quarterly dividend of C$0.125 per common share.Payment on Sept. 30.Record date on Sept. 15.  Full Article

Just Energy Group Inc announces CFO transition
Friday, 22 Aug 2014 08:55am EDT 

Just Energy Group Inc:Announced a transition in the role of CFO.Co-CEOs Deb Merril and James Lewis announced the appointment by the Board of Directors of Patrick McCullough as Chief Financial Officer and the departure of Beth Summers from that role following a transition period.  Full Article

Just Energy Group Inc reaffirms FY 2015 EBITDA guidance
Thursday, 7 Aug 2014 08:50am EDT 

Just Energy Group Inc:Says that base EBITDA from continuing operations remains well on track to meet or exceed the company's published guidance range $163 mln to $173 mln for FY 2015.  Full Article

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