Tag: First Choice Power

First Choice Power and Direct Energy Combine Forces to Focus on Putting Customers First

First Choice Power’s holding company announced today that it has sold First Choice Power to Direct Energy. This is a great day for both organizations, and we are excited about the opportunities ahead for our employees, our customers and our partners. First Choice Power continues to build on multiple quarters of unprecedented growth. This momentum […]

Direct Energy to Acquire First Choice Power for $270 Million

DIRECT ENERGY TO ACQUIRE FIRST CHOICE POWER FOR $270 MILLION Continues Growth in North America and Solidifies Texas Business Houston, TX (9/23/2011) – Direct Energy, North America’s largest competitive energy and energy-related services company, has reached an agreement to acquire Texas-based electricity provider First Choice Power, a subsidiary of PNM Resources (NYSE: PNM), for US$270 […]