Facebook Twitter LinkedIn Google Plus RSS

IDT Energy acquires Diversegy LLC

By ,

Newark-based Genie Energy subsdisiary IDT Energy announced today its acquisition of Texas-based Diversegy LLC. Financial terms were not disclosed.

According to the announcement, Diversegy is a retail energy advisory and brokerage company that serves commercial and industrial customer. The acquisition includes Diversegy's its network marketing channel, Epiq Energy, providing independent representatives with the opportunity to build sales organizations and to profit from both residential and commercial energy. Diversegy connects large commercial and industrial customers with its portfolio of competitive energy products provided by some of the industry's leading energy suppliers.

RELATED: Genie Energy appoints CEO



Also Popular on NJBIZ

Write to the Editorial Department at editorial@njbiz.com

Related Stories

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy