![]() We expect this acquisition to add approximately $25 million of annual Adjusted EBITDA after synergies and will add approximately 145,000 RCEs to our portfolio, bringing our total RCE count to nearly 1,000,000 RCEs,” he said. “We are also pleased to announce today the pending acquisition of Verde Energy. In Spark Energy’s 2017 first quarter report the company stated that they had, “Signed purchase agreement to acquire Verde Energy, which is expected to add approximately 145,000 RCEs and $25 million in annual Adjusted EBITDA.”Īt the time (and in the same report), Spark Energy’s President and CEO, Nathan Kroeker provided a statement. The decision to purchase Verde Energy was made public by Spark Energy Inc. Verde Energy provides fixed rate renewable energy options, online tools and tips in addition to special offers to help consumers increase their green energy consumption. The company’s headquarters is located in Norwalk, Connecticut, where they serve over 200,000 residential energy consumers across eight states. Verde Energy is a green energy retail energy provider. The company provides a wide range of services with an emphasis on reasonable rates, stable rates as well as green energy options. They provide services to 94 territories with headquarters located in Houston, Texas. is a retail energy provider for both residential and commercial energy consumers in 19 states. ![]() ![]() About Spark Energy Inc.įounded in 1999, Spark Energy Inc. Verde Energy will now offer its services within Spark Energy Inc.’s brand of products. published a press release announcing that their acquisition of Verde Energy is official.
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