Northeast Retail Supplier Seeks Texas REP Certificate

Atlantic Energy Texas LLC applied for an Option 1 Texas retail electric provider certificate

Several Atlantic Energy subsidiaries operate as retail suppliers in various Northeast markets

In its initial Texas REP application, Atlantic did not apply for the option of collecting deposits or advance payments from customers

Terry McDaniel also recently joined Atlantic Energy as Chief Information Officer

McDaniel previously served as Vice President, Information Technology at Source Power and Gas and as Sr. Director, Retail Technology Implementation at Talen Energy

McDaniel has also held positions at Constellation and Reliant

As previously reported, Gainline Capital Partners recently announced that it had made an investment in Atlantic Energy (each of the various Atlantic Energy subsidiaries are now 100% directly owned by Atlantic Energy Acquisition Inc., a new company formed to own Atlantic Energy Group and indirectly majority-owned by Gainline).

As previously reported, as part of the transaction, industry veteran Deryl Brown joined Atlantic as the Executive Chairman of the Board.