HomeAugust 23, 2013
NRG Energy Acquires Demand Response Provider, Broker
Copyright 2013 EnergyChoiceMatters.com.
NRG Energy, Inc. announced that it has acquired Energy Curtailment Specialists.
Energy Curtailment Specialists currently manages more than 2,000 megawatts of demand response across the country for over 5,000 customers.
NRG also confirmed to Matters that the acquisition also included broker BidUREnergy. Terms of the transaction are not being disclosed.
"NRG has been on the forefront of giving customers greater choice in how their power is made," said Jim Steffes, President NRG Retail Northeast. "Acquiring Energy Curtailment Specialists' demand response and other solutions allows us to continue this leadership by enhancing our ability to help our customers reduce their electricity demand when that reduction is critical to maintaining the electrical grid and to do so in a way that improves their bottom line."
"Combining the demand response services that Energy Curtailment Specialists delivers with the strength of NRG Energy and their ongoing efforts to give electricity customers more and smarter energy choices is a natural fit," said Jim Korczykowski, who will continue to serve as President of Energy Curtailment Specialists, within the NRG Energy organization.
Energy Curtailment Specialists' headquarters will remain in the Buffalo, NY area.
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