Just Energy Announces Closing of the Acquisition of its Shares of ecobee Inc.
On closing, the Company received approximately CAD
For further information regarding the acquisition of ecobee by Generac (GNRC), please see Generac’s press release at http://investors.generac.com/news-releases.
As previously reported, FTI Consulting Canada Inc. (the “Monitor”) is overseeing the proceedings of Just Energy (JENGQ) under the CCAA as the court-appointed Monitor. Further information regarding the CCAA proceedings is available at the Monitor’s website at http://cfcanada.fticonsulting.com/justenergy. Information regarding the CCAA proceedings can also be obtained by calling the Monitor’s hotline at 416-649-8127 or 1-844-669-6340 or by email at justenergy@fticonsulting.com.
About Just Energy Group Inc. (JENGQ)
Just Energy (JENGQ) is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers. Currently operating in
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, including with respect to the value of the consideration received for the Company’s shares of ecobee. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. These risks include, but are not limited to, risks with respect to: the ability of the Company to sell the Generac (GNRC) shares and the price received for the sale of such shares; the ability of the Company to continue as a going concern; the outcome of proceedings under the CCAA proceedings and similar legislation in
Any forward-looking statement made by Just Energy (JENGQ) in this press release speaks only as of the date on which it is made. Just Energy (JENGQ) undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Investors
Alpha IR
Phone: (617) 982-0475
JE@alpha-ir.com
Monitor
FTI Consulting Inc.
Phone: 416-649-8127 or 1-844-669-6340
justenergy@fticonsulting.com
Media
Longview Communications
Phone: 416-523-5885
berman@longviewcomms.ca
Source: Just Energy Group Inc. (JENGQ)
Image: https://www.globenewswire.com/newsroom/ti?nf=ODQwNDIwMyM0NTkyMjYxIzIwOTIyNzU=Image: https://ml.globenewswire.com/media/OGE5M2U0OWYtNTVjNC00ZjZmLTk1MzItZGFlZTMzOGM3NDlhLTExMDM4NDY=/tiny/Just-Energy-Group-Inc.png
Image: Primary Logo
Source: Just Energy Group Inc (JENGQ)