Source Power & Gas - Ownership and Business Overview

UtilitiesCompany

Source Power & Gas Ownership

Who owns Source Power & Gas?

Source Power & Gas is owned by Direct Energy. It was acquired on October 14, 2018.

Source Power & Gas Business Overview

Where is Source Power & Gas headquartered?

Source Power & Gas is headquartered in Sugar Land, Texas.

What sector is Source Power & Gas in?

Source Power & Gas is an utilities company.

When was Source Power & Gas founded?

Source Power & Gas was founded in 2011.

Utilities M&A Summary in 2018

Out of 60 sectors in the Mergr database, utilities ranked 47 in number of deals in 2018. The largest utilities acquisition in 2018 was Peoples Natural Gas - which was acquired by Essential Utilities for $4.3B.

Join Mergr to view all 45 acquisitions of utilities companies in 2018, including 12 acquisitions by private equity firms, and 33 by strategics.

Source Power & Gas LLC

2150 Town Square Place, Suite 380,
Sugar Land, Texas 77479
United States,
www.spgenergy.com

Source Power & Gas LLC is a retail energy provider serving commercial and industrial customers in the ERCOT and PJM ISO markets. With an approximate annual load of 6.5 TWh, Source Power & Gas currently serves 4,000 customers across 16,000 service locations in Texas, Illinois, Ohio, New Jersey, Delaware, Maryland, Pennsylvania and the District of Columbia.


Company Summary

SECTOR

Utilities

Established

2011

Subsidiary of

ERM Power Ltd.

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