Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy

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Crius Energy Trust Tr Unit > Unexplained Situation

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Comment by DMR001on Jun 18, 2019 11:18am

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Post# 29835818

RE:RE:RE:RE:RE:Unexplained Situation

Marilynm,

You are absolutely right - brain glitch on my part here, my apologies.

That said, I was aware of the correct date and that is why I am actively following up with Crius Investor Relations about the Q2 distribution. The argument being that it should be business as usual (paying quarterly distributions) until the Vistra deal goes ahead. With a March 26 record date for Q1, the record date for Q2 should be approximately June 26. Nothing back on that yet from IR and I am not too hopeful that anything positive will come of it. Clearly, if there is a defacto suspension of further distributions that plays very positively in Vistra's favour, especially if that goes to the time limit that I believe is somewhere near the end of 2019. I am not sure if there is any recourse for Crius unit holders but it does seem unfair, IMO.

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