IGS Energy Completes Just Energy Acquisition

IGS Energy announced today the successful closing of the acquisition of Just Energy, creating one of the largest energy retailers in North America. Our combined company now serves nearly 7.5 million residential customer equivalents (RCEs), solidifying our position for continued growth in deregulated energy markets across the U.S. and Canada.

With the transaction completed, 2,250 employees have joined forces under the expanded IGS Energy umbrella, significantly increasing IGS Energy's presence in key energy markets. Just Energy will continue to operate independently under its existing brands, leveraging its proven operating model. This strategic partnership positions both companies to capitalize on their strengths and expand customer offerings.

“We are delighted to officially welcome Just Energy and proud of the hard work and collaboration all the teams put in to make this new partnership a reality,” said Scott White, President and CEO of IGS Energy. “Just Energy’s highly successful origination channels, marquee retail relationships, and deep industry expertise are a perfect complement to our capabilities. Together, we’re better positioned to seize new growth opportunities, particularly in Texas.”

Based in Houston, Texas, Just Energy has been a trusted leader in the retail energy sector for over 25 years, operating under established brands like Just Energy, Hudson Energy, Amigo Energy, and Tara Energy. The acquisition significantly broadens IGS Energy’s footprint in the ERCOT (Texas) market, fulfilling a key long-term objective, while also strengthening our presence in PJM markets.

The integration of Just Energy’s “plug-and-play platform” ensures its continued independent operations, a fundamental driver of its success. This approach reflects IGS Energy’s dedication to preserving Just Energy’s autonomy while enhancing its ability to deliver exceptional value to customers.

“Now that the deal has closed, we are excited to move forward with our shared vision of delivering superior energy solutions,” said Michael Carter, CEO of Just Energy. “Our customers, business partners, and employees will benefit from the combined strengths of Just Energy and IGS Energy as we continue to provide the reliable, high-quality service they’ve come to expect.”

With the acquisition complete, IGS Energy has cemented itself as a leader in North America’s retail energy market, offering innovative energy solutions for commercial and residential customers alike. Both companies are unified in their commitment to delivering outstanding service and driving sustainable growth in the years ahead.