Contact Information: For Further Product Information, Contact: Chuck Sutton mc2 - Where Energy Comes From (312) 474-6441 For Further PR Information, Contact: Gary McCoy Fairway Communications (847) 622-7228
MC Squared Energy Services, LLC Announces Acquisition of Illinois Retail Power Business From RRI Energy, Inc. Subsidiary
Accelerates Growth of Chicago-Based Electricity Supplier
| Source: MC Squared Energy Services
CHICAGO, IL--(Marketwire - December 1, 2009) - MC Squared Energy Services, LLC (mc2) announced
today it has reached an agreement with RRI Energy Solutions East, a
subsidiary of RRI Energy, Inc. (NYSE : RRI ) to purchase substantially all of
the assets and liabilities associated with RRI Energy's retail power
business in Illinois. The transaction includes the retail customer
agreements and supporting wholesale supply positions. Terms of the
transaction were not disclosed.
The transaction includes over 350 service accounts with a forecasted load
of 750,000,000 kilowatt-hours of electricity over the remaining term of the
customer agreements. The agreements will be integrated into mc2's
Illinois-based retail electricity supply business.
"The acquisition of the RRI Energy retail power book complements and
accelerates the growth of our retail electricity business, and demonstrates
our commitment to serve commercial and industrial customers in northern
Illinois," said Chuck Sutton, president of mc2. "We look forward to
assisting these new customers with our exceptional customer service and
innovative power supply products."
mc2 currently provides electricity supply products and services to over
1,000 commercial & industrial service accounts in the ComEd service
territory. mc2, through its Chicago-based full service wholesale trading
partner, Wolverine Trading, LLC, is uniquely positioned to offer customers
a full range of reliable electricity supply products, including green
renewable energy.
For more information on mc2, phone (877) mc2-POWR or visit
www.mc2energyservices.com