LondonStockExchange.comFebruary 9, 2012
RNS Number : 1012X
AEG Affiliated Energy Group
Frontier Utilities, a Full Scale Retail Electricity Provider, Represented by M&A Team of AEG Affiliated Energy Group.
HOUSTON, TX–(Marketwire – February 9, 2012) – The M&A Team of AEG Affiliated Energy Group (www.affiliatedenergy.com) served as Frontier Utilities’ sole investment bankers in its sale to a group of independent Texas-based investors led by Quintana Infrastructure & Development LLC (“QID”) and industry veteran Jay D. Hellums.
Having closed three merger and acquisition deals specifically in the retail electricity space in the past nine months alone, the team of AEG Affiliated En- ergy Group specializes in mergers and acquisitions involving Retail Electricity Provid- ers (a/k/a, “ESCO’s”) and gas suppliers in the deregulated energy markets. The terms of the acquisition are being kept confidential.
“AEG’s M&A Team has an active pipeline of M&A deals in progress and anticipates more M&A deals being closed within the next two quarters,” noted AEG’s Chad Price.
With clients ranging from regional privately held ventures to multinational utilities and publicly traded conglomerates, AEG’s M&A Team also provides a range of financial and consulting services specializing in energy-related mergers, acquisitions and venture capital transactions, due diligence services, bridge financing transactions, and wholesale and retail energy procurement services. In consummating and closing the business combination with Frontier Utilities, AEG’s M&A team members, which are licensed investment bankers, acted in their capacity as licensed securities agents of Burch & Company, Inc., Member FINRA (www.finra.org) & SiPC (www.sipc.org).
About AEG Affiliated Energy Group AEG is an energy and financial services firm head- quartered in Houston, Texas. AEG specializes in energy-related mergers, acquisitions, and venture capital transactions; bridge loans; retail and wholesale energy procure- ment; consulting for commercial and governmental end users of electricity; regulatory and legislative services; electric power plant development services along with consult- ing services to energy market participants. For more information, visit www.affiliateden- ergy.com. All services that are required to be performed by a registered broker-dealer are offered through Burch & Company, Inc., Member FINRA (www.finra.org) & SiPC (www.sipc.org). Burch and AEG are not affiliated entities.
CONTACT: Scott Black TimePiece PR for AEG (214) 520-3430 x303 sblack@tprm- usa.com
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