Parent of Retail Supplier, Broker Announces Marketing Agreement With Viridian For Commercial Electricity And Natural Gas Supply

The Chron Organization, Inc. announced today that it has entered into a strategic marketing agreement with Viridian International Management, a direct selling organization, for medium to large commercial energy supply and related services.

As a result of the agreement, Chron and Viridian will officially launch a joint commercial energy program Monday, June 5, 2017, targeting mid to large size commercial, industrial and municipal end-use customers of electricity and/or natural gas.

"The agreement combines Viridian's unique marketing approach, with newly acquired CHRON subsidiary, NAUP Brokerage LLC's (NAUP) experience, technology, and knowledge of the energy markets, to create a sales approach and infrastructure ready for full operation in all U.S. deregulated energy markets," Chron said

"Powered by NAUP, the new Viridian Large Commercial Energy Program empowers the tens of thousands of Viridian independent sales associates to immediately begin taking advantage of expanded commercial energy offerings in all deregulated markets," Chron said

"The two companies also plan on deploying innovative energy efficiency options to commercial customers through Chron's subsidiary Zen and its Zero Cost Program by the end of 2017. This expansion will enable Viridian sales associates to expand outside the deregulated energy footprint and offer energy conservation products such as LED lighting, HVAC solutions, weatherization, load factor correction, EC motor controllers and more to commercial, industrial and municipal customers across the continental United States," Chron said

CHRON CEO, Alex Rodriguez, said, "Our multiple supplier strategy enables us to better address our customers' various needs and also, the interest of Viridian sales associates."

The Viridian Large Commercial Energy Program today consists of electricity and/or natural gas in deregulated markets, but will soon include energy efficiency products in all 48 continental states.

Viridian associates can initially market large commercial energy in the following states: California, Colorado, Connecticut, D.C., Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, and Virginia. NAUP is focused on opening more markets and expanding this reach over time

As previously reported, CHRON also recently entered into an agreement to acquire Enertrade Electric, LLC, a Texas-based retail electric provider doing business as Shyne Energy.