Richmond, VA, Aug. 15, 2008 — Dominion Retail has agreed to acquire Cirro Energy, a Texas retail electric provider. Cirro, which supplies about 2.3 million megawatt hours to about 52,600 residential and commercial customers, is headquartered in Richardson, Texas. Closing is expected by the end of the third quarter.
With the acquisition, Dominion Retail will provide energy and energy related services to 1.7 million customers in 12 states, including electricity customers in Texas, Pennsylvania, Massachusetts, Connecticut, Ohio, Maine, New York, and Maryland.
Cirro will become a subsidiary of Dominion Retail and maintain its operations in Texas.
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