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Bullboard - Stock Discussion Forum 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 Discussion

Just Energy Group Inc. (Canada) > Just Energy Group Organigram
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Post by GaillardDeshaie on Mar 14, 2021 9:40am

Just Energy Group Organigram

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.

LOGO

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.
Comment by Chris007 on Mar 14, 2021 2:34pm
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 ...more  
Comment by Chris007 on Mar 14, 2021 2:35pm
Link 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]
Comment by GaillardDeshaie on Mar 14, 2021 4:52pm
Hi everyone,  I found this one as of March 31, 2018. It is pretty much the same structure excepted for Foreigh Subsidiaries. Hope any kind of positive news this week. It look like ERCOT will not reverse the charge at all. GLTA.    Gaillard. Just Energy Group Inc.   Just Energy Group Inc. (the “Company” or “Just Energy”) is a CBCA corporation created on January 1 ...more  
Comment by Chris007 on Mar 14, 2021 5:01pm
If you are interested in more info on the CCAA filing, you should check out the FTI consulting website pertaining to JE. FTI Constukting are the CCAA monitors: https://cfcanada.fticonsulting.com/justenergy/ Plenty of info there, but as expected lots of legal jargon. https://cfcanada.fticonsulting.com/justenergy/reports.htm BACKGROUND INFORMATION Overview 8. Just Energy is incorporated under ...more  
Comment by GaillardDeshaie on Mar 14, 2021 8:56pm
Thanks Chris007.  Your information is really appreciated.  We will see in a near future what will happen.  Hope we will have a little positive news this week.  Cheers.  Gaillard.
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