GENIE ENERGY LTD. (NYSE:GNE) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On January 4, 2019, Genie Energy Ltd. (the “Registrant”) issued the attached release (the “Release”) relating to the acquisition of a controlling interest in Lumo Energia, a rapidly growing provider of electricity generated from renewable sources to residential customers in Finland on January 2, 2019. A copy of the Release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The Registrant is furnishing the information contained in this Report, including Exhibit 99.1, to Item 7.01 of Form 8-K promulgated by the Securities and Exchange Commission (the “SEC”). This information shall not be deemed to be “filed” with the SEC or incorporated by reference into any other filing with the SEC.
Item 8.01 Other Events.
The information contained in Item 7.01 above is incorporated herein by reference into this Item 8.01.
Item 9.01 Financial Statements and Exhibits.
| ExhibitNo. | Document |
| 99.1 | Press Release, dated January 4, 2019. |
Genie Energy Ltd. Exhibit
EX-99.1 2 f8k010419ex99-1_genieenergy.htm PRESS RELEASE,…
To view the full exhibit click here
About GENIE ENERGY LTD. (NYSE:GNE)
Genie Energy Ltd. (Genie) owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc. The Company operates through three segments: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc. and Residents Energy, Inc., and energy brokerage and marketing services. Its REP businesses resell electricity and natural gas to residential and small business customers. The Afek segment operates an oil and gas exploration project. The GOGAS segment is an oil and gas exploration company. The GOGAS segment consists of early-stage oil shale projects, including its interest in Genie Mongolia, Inc., an oil shale exploration project; American Shale Oil Corporation, which holds and manages an interest in AMSO, LLC, an oil shale development project, and Israel Energy Initiatives, Ltd., an oil shale development project.