Irving, Texas-based Vistra Energy (NYSE: VST) announced it has entered into an agreement to acquire Ambit Energy for $475 million plus net working capital in an all-cash transaction. Following the closing of the transaction, Vistra’s share of the ERCOT residential market will grow from approximately 25 percent to approximately 32 percent and an industry-leading 26 […]
Dallas, Texas-based Stream (formerly Stream Energy), a direct selling company and provider of connected life services, recently announced the addition of David Faranetta as Executive Vice President and Chief Financial Officer. Faranetta will oversee the company’s financial planning and reporting, accounting, tax and treasury functions. A veteran of the energy industry, Faranetta brings with him […]