|
|
|
|
|
Sale Process Underway For Retail Energy Platform
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
Ochsner Interests reported that it has been retained as the exclusive financial advisor to a company selling a Michigan retail natural gas platform.
Key highlights of the business were described by Ochsner Interests as follows:
• 100% Michigan gas
• 16,000+ RCEs
• 99% residential
• The main sales channel is door-to-door
• 92% of the customers are on a variable rate
• "Strong EBITDA with significant upside potential"
"It is a clean, well-run business that is very profitable. The owner has a long, successful history in the industry," said Preston Ochsner, CEO of Ochsner Interests, Inc, in describing the company
ADVERTISEMENT ADVERTISEMENT Copyright 2024 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication
prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com
September 23, 2024
Email This Story
Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Director of Policy and Research, Retail Energy
• NEW! -- Director, Load Forecasting
-- Retail Supplier
• NEW! -- Wholesale Markets Analyst -- Retail Supplier
• NEW! -- Origination Analyst
-- Retail Supplier
• NEW! -- Settlements Analyst
-- Retail Supplier
• NEW! -- Billing Supervisor
|
|
|
|
|