Priority Power Acquires Energy Procurement And Solar Development Business Of Affordable Gas & Electric (Age)
Acquiring Company
Priority Power
Acquired Company
Affordable Gas & Electric
The WoodlandsEnergyOil And GasRenewable EnergyEnergy ManagementEnergy EfficiencyDescription
Priority Power Management, Inc. (“Priority Power” or the “Company”), a leader in energy optimization and infrastructure offering smart energy solutions and streamlined transitions to carbon neutrality, today announced that it successfully completed its acquisition of the energy procurement, consulting and solar development business of Affordable Gas & Electric Company, LLC (“AGE”).
Quick answer
Priority Power is acquiring Affordable Gas & Electric, announced August 23, 2022. Priority Power is based in The Woodlands, Texas, United States.
- How much did Priority Power pay for Affordable Gas & Electric?
- The deal value was not disclosed.
- What does Priority Power do?
- Priority Power, backed by Oaktree Capital Management and Ara Partners, serves over 7,000 clients, totaling $2.7 billion in energy spend, across nearly every industry and vertical, and has well over $230 million of..
- Where are Priority Power and Affordable Gas & Electric based?
- Priority Power is based in The Woodlands, Texas, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Affordable Gas & Electric?
Affordable Gas & Electric was acquired by Priority Power, based in The Woodlands. The deal was reported on August 23, 2022. Priority Power is privately held and operates in Energy.
When did Priority Power acquire Affordable Gas & Electric?
Priority Power's acquisition of Affordable Gas & Electric was reported on August 23, 2022. Priority Power Management, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Affordable Gas & Electric do?
Affordable Gas & Electric is the company acquired in this transaction. It is privately held.
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