174 Power Global Retail Corporation Acquires Powervine Energy in PJM
July 29, 2026
174 Power Global Retail Corporation, a wholly owned subsidiary of Hanwha Energy USA Holdings Corporation, has acquired Powervine Energy, LLC and Powervine Energy MD, LLC to enter the competitive PJM retail electricity market. The retailer plans to market and sell retail electricity under the Chariot Energy Northeast and Powervine Energy brands, with product availability and terms varying by state.
- Buyers
- 174 Power Global Retail Corporation, Hanwha Energy USA Holdings Corporation
- Targets
- Powervine Energy, LLC, Powervine Energy MD, LLC
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Addon
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