February 5, 2018 / 11:02 PM / 7 months ago

BRIEF-Just Energy Group Announces Agreement To Acquire Edgepower

Feb 5 (Reuters) - Just Energy Group Inc:

* JUST ENERGY GROUP INC. ANNOUNCES AGREEMENT TO ACQUIRE ENERGY MONITORING AND MANAGEMENT COMPANY, EDGEPOWER INC.

* JUST ENERGY GROUP INC - THROUGH UNIT ENTERED INTO A SALE AND PURCHASE AGREEMENT TO ACQUIRE ALL OF ISSUED AND OUTSTANDING SHARES OF EDGEPOWER INC

* JUST ENERGY GROUP - CONSIDERATION PAYABLE FOR DEAL IS $14 MILLION AT CLOSING, ONE-TIME PERFORMANCE-BASED PAYOUT AFTER 3 YEARS

* JUST ENERGY GROUP - $14 MILLION OF DEAL VALUE TO BE PAID AS TO ABOUT $7 MILLION IN CASH, $7 MILLION BY ISSUANCE OF CO'S COMMON SHARES Source text for Eikon: Further company coverage:

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