Priority Power Acquires Energy Procurement and Solar Development Business of Affordable Gas & Electric (AGE)

Priority Power Acquires AB Power Advisors

October 18, 2022

Energy

Priority Power Management, Inc. has acquired AB Power Advisors, a Texas-based regulatory advisory and renewable energy offtake consulting firm. The acquisition expands Priority Power’s regulatory coverage and renewable origination capabilities in the ERCOT market and establishes an Austin office to deepen its presence in Texas.

Priority Power Acquires Atlas Retail Energy

August 29, 2023

Energy

Priority Power Management has acquired the business of Atlas Retail Energy, bringing Atlas' energy procurement and advisory capabilities into Priority Power’s platform. Atlas will continue to operate under the Atlas Retail Energy name powered by Priority Power, giving Atlas' ~425 clients access to expanded product and service offerings and Priority Power’s proprietary pricing and data systems.

Ara Partners Invests in Priority Power Management

February 11, 2019

Energy

Ara Partners, an industrial-focused private equity firm, has made a significant investment in Priority Power Management, an independent energy management services and consulting firm headquartered in Midland, Texas. The investment (terms not disclosed) will support Priority Power's organic growth and acquisition-led strategy, and Ara has taken board representation alongside Priority Power leadership and an industry representative from Teleios Commodities.

Priority Power Management Acquires EE Partners Ltd.

September 4, 2019

Energy

Priority Power Management, an Ara Partners-backed energy management and consulting firm, has acquired EE Partners Ltd., a Midland, Texas-based specialized electrical engineering and technical services provider. The acquisition strengthens Priority's electric infrastructure capabilities — including microgrid development and a custom SCADA platform — and expands its asset management and monitoring services.

Priority Power Acquires Texas Power Consultants

November 9, 2020

Energy

Priority Power Management, a PE-backed energy management and consulting firm, has acquired Texas Power Consultants (TPC), an energy advisory firm headquartered in Tyler, Texas. The acquisition expands Priority's geographic footprint into East Texas, adds TPC's long-standing client base, and enhances Priority's capability to guide customers on demand response, resiliency, solar and battery solutions; Priority is backed by Ara Partners.

I Squared Capital Acquires Priority Power from Ara Partners and Oaktree

July 30, 2024

Energy

Funds advised by I Squared Capital (ISQ Global Infrastructure Fund III) have agreed to acquire Priority Power Management, a Texas-based energy management and infrastructure solutions provider, from Ara Partners, Oaktree Capital and other shareholders. Priority Power's CEO Brandon Schwertner will remain in place and the investment is intended to accelerate the company’s growth and expansion of its private transmission, distribution and energy services across the U.S.