June 4, 2025

Interstate Gas Supply wins FERC approval to acquire Just Energy, creating one of the largest North American retailers

IGS expands retail footprint through merger with Just Energy’s U.S. subsidiaries.

Power Play: Interstate Gas Supply LLC (IGS) received FERC approval to acquire Just Energy US from affiliates of Pacific Investment Management Company LLC (PIMCO), according to a June 2 order. The transaction, announced in April, is said to create one of the largest energy retailers in North America, with about 7.5 million residential customers. Market Mover: IGS, a retail energy ...

Details:

Filing Date: June 2, 2025

Docket Numbers:

EC25-76

Short Summary:

Interstate Gas Supply LLC (IGS) received FERC approval to acquire Just Energy US from affiliates of Pacific Investment Management Company LLC (PIMCO), according to a June 2 order. The transaction, announced in April, is said to create one of the largest energy retailers in North America, with about 7.5 million residential customers.

Impact Level:

Categories:

Dealmaking & Transactions

Tags: Acquisitions & Dispositions, Energy Marketing Services

Entities: IGS Energy, Interstate Gas Supply LLC, Just Energy US, PIMCO

Markets:

Regions: Mid-Atlantic & Midwest, Texas

States:

Regulators: FERC

Courts:

Documents:

Acquisitions & Dispositions – Application – Order Approving