HomeMay 22, 2018
Mint Energy Announces Agreement To Sell Retail Contracts, Buyer Named
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Note: This story was first published the evening of May 22 with an alert to our email subscribers
Mint Energy, LLC today announced that it has entered into an agreement to sell the "bulk" of its U.S. retail power contracts to Crius Energy, LLC's licensed affiliates.
"Today's announcement is part of Mint's decision to withdraw from serving customers in the New England and Pa./N.J./Md. markets," Mint said
"The present market conditions in these regions have led us to reevaluate our current business model in the energy space," said Mint's CEO, David Reinfeld. "In light of this decision, we have and will continue to work diligently to ensure that there is a seamless transition of Mint's customers to reputable supply companies, such as Crius Energy, as well as meticulously attend to our ongoing regulatory and financial obligations."
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