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Just Energy Group Inc. (Canada) JENGQ

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

Comment by Chris007on Mar 14, 2021 2:35pm
100 Views
Post# 32795422

RE:RE:Just Energy Group Organigram

RE:RE:Just Energy Group OrganigramLink didn't post properly last time: [url=https://ca.practicallaw.thomsonreuters.com/8-566-7187?transitionType=Default&contextData=(sc.Default)&firstPage=true]https://ca.practicallaw.thomsonreuters.com/8-566-7187?transitionType=Default&contextData=(sc.Default)&firstPage=true[/url]


Chris007 wrote: The organizational chart you posted is dated. A newer one can be found in the lates annual information form (July 2020):


Notes:

 

  (1) The Canadian Subsidiaries are corporations, limited partnerships, and unlimited liability companies directly or indirectly wholly-owned by the Company. The Canadian material or operating Subsidiaries are Just Energy Ontario L.P. (Ontario); Just Energy Alberta L.P. (Alberta); Just Green L.P. (Alberta); Just Energy Manitoba L.P. (Manitoba); Just Energy B.C. Limited Partnership (British Columbia); Just Energy Qubec L.P. (Quebec); Just Energy Prairies L.P. (Manitoba); Just Energy Trading L.P. (Ontario); Filter Group Inc.; and Hudson Energy Canada Corp. (Canada). Just Energy Corp. is the general partner of each of the Canadian operating limited partnerships. Additionally, the Company indirectly holds an approximate 8% fully diluted interest in ecobee Inc., a manufacturer and distributor of smart thermostats located in Toronto, Ontario.
  (2) The U.S. Subsidiaries are corporations, limited liability companies and limited partnerships indirectly wholly-owned by the Company and are incorporated or formed, as applicable, under the laws of the State of Delaware, unless otherwise noted. The U.S. material or operating Subsidiaries are Just Energy (U.S.) Corp.; Just Energy Illinois Corp.; Just Energy Indiana Corp.; Just Energy Massachusetts Corp.; Just Energy New York Corp.; Just Energy Texas I Corp.; Just Energy Texas LP (Texas); Just Energy Pennsylvania Corp.; Just Energy Solutions Inc. (California); Just Energy Marketing Corp.; Just Energy Michigan Corp.; Hudson Energy Services LLC (New Jersey); Just Energy Limited; Fulcrum Retail Energy LLC d/b/a Amigo Energy (Texas); Tara Energy, LLC (Texas); Just Solar Holdings Corp.; and Interactive Energy Group LLC.

 


That being said, there is very much instances when the parent company can be held liable for the debts of its subsidiaries. I guess it varies by jurisdiction, as well as how the subsidiaries are structured.

[url=https://ca.practicallaw.thomsonreuters.com/8-566-7187?transitionType=Default&contextData=(sc.Default)&firstPage=true]https://ca.practicallaw.thomsonreuters.com/8-566-7187?transitionType=Default&contextData=(sc.Default)&firstPage=true[/url]



GaillardDeshaie wrote: Hello everyone,  I still trying to find why Just Energy Group goes under Creditors Protection when as per this organigram, they can just put under Chapter 15 in USA ,  Just Energy Texas.  Of course Just Energy Group are the main shareholders of Just Energy Texas.  If EPCOT doesn't have a crossed corporate guaranty with Just Energy Group or having a limited c-c, why Just Energy Group goes put all company in this?


 
This is by March 31st, 2011.


Organizational Structure of the Company

The following diagram sets forth the simplified organizational structure of the Company.

 

Notes:

 

(1) The Canadian Subsidiaries are corporations, limited partnerships, and unlimited liability companies directly or indirectly wholly-owned by the Company. The Canadian operating Subsidiaries are Just Energy Ontario L.P. (Ontario); Just Energy Alberta L.P. (Alberta); Alberta Energy Savings L.P. (Alberta); Just Energy Manitoba L.P. (Manitoba); Just Energy B.C. Limited Partnership (British Columbia); Just Energy Qubec L.P. (Quebec); Just Energy Trading L.P. (Ontario); Momentis Canada Corp. (Ontario); National Energy Corporation (Ontario) d/b/a National Home Services, Hudson Energy Canada Corp. (Canada) and Terra Grain Fuels Inc. (Canada).

 

(2) Just Energy Corp. is the general partner of each of the Canadian limited partnerships noted in (1) above.

 

(3) The U.S. Subsidiaries are corporations, limited liability companies and limited partnerships indirectly wholly-owned by the Company and are incorporated or formed, as applicable, under the laws of the State of Delaware, unless otherwise noted. The U.S. operating Subsidiaries are Just Energy (U.S.) Corp.; Just Energy Illinois Corp.; Just Energy Indiana Corp.; Just Energy Massachusetts Corp.; Just Energy New York Corp.; Just Energy Texas I Corp.; Just Energy Texas LP (Texas); Just Energy Pennsylvania Corp.; Commerce Energy, Inc. (California); Just Energy Marketing Corp.; Just Energy Michigan Corp.; Momentis U.S. Corp.; Drag Marketing LLC; Hudson Energy Services LLC (New Jersey); Just Energy Limited; and Hudson Energy Solar Corp.




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