Forbes.comMarch 8, 2010
BusinessWire – AEG Affiliated Energy Group has reached another impressive milestone as the company now represents retail clients constituting in excess of 10,000,000,000 kilowatt hours (KWh) of annual electricity load, in Texas alone.
According to AEG Executive Vice President Chad Price, “AEG’s Retail Consulting Division has continued to grow and represents a dominant position in Texas. AEG represents a substantial portion of electricity end-users in the ERCOT market as of 2009’s end.”
Having navigated through the electricity markets on behalf of a wide array of industrial, governmental, and wholesale and retail clients, AEG provides a range of financial and consulting services specializing in energy-related mergers, acquisitions and venture capital transactions, due diligence services, bridge financing transactions, wholesale and retail energy procurement, and power plant/project development services. AEG constitutes one of the few companies achieving strong growth during 2008 and 2009, despite the international financial crisis and a number of obstacles that knocked several other large energy companies out of the local and national markets.
“AEG Affiliated Energy Group’s consistent and substantial client growth during times of great turmoil emphasizes the strength of AEG’s unrivaled reputation, honest methods of doing business, and intelligent electricity procurement strategies,” noted Rob S. Potosky, Executive Vice President and Chief Legal Counsel of AEG. “Clients turn to AEG when savings and budgets matter most.”
About AEG Affiliated Energy Group
AEG Affiliated Energy Group is an energy and financial services firm headquartered in Houston, Texas. AEG specializes in energy-related mergers, acquisitions, and venture capital transactions; bridge loans; retail and wholesale energy procurement; consulting for commercial and governmental end users of electricity; regulatory and legislative services; electric power plant development services along with consulting services to energy market participants. For more information, visit www.affiliatedenergy.com. Nothing herein constitutes any type of offer, solicitation, recommendation or advice with regard to the sale, marketing, brokerage, dealing, or purchase of any securities or commodities.
SOURCE: AEG Affiliated Energy Group
TimePiece PR for AEG Scott Black, 214-520-3430 x303 sblack@tprm-usa.com
