Just Energy Group Inc. (Canada) T.JE

Primary Symbol: JENGQ

Utilities Utilities - Diversified

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

OTCPK:JENGQ - Post by User

Just Energy Group Inc. (Canada) > Any hope

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Comment by Capharnaumon Sep 15, 2021 11:30pm

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Post# 33867062

RE:RE:RE:RE:Any hope

What's the positive about the company extending CCAA? According to their latest filing, they have $1.6B to pay once they get out of CCAA but they only have around $550M in cashable assets. To get the $1B they need, they would have to find a party willing to replace the $600M of debt and add $400M net of cash before the end of the year. That's a tall order.

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