Energywell Acquires Engie Retail's Think Energy Business

September 14, 2022

Energywell, an energy technology company backed by funds managed by Oaktree Capital Management and Hartree Partners, has signed a purchase and sale agreement to acquire Engie Retail, LLC d/b/a Think Energy. The acquisition (subject to FERC approval) expands Energywell's retail footprint across 13 states and Washington, D.C., and will enable rapid deployment of Energywell's Proton platform across the Think Energy customer base.

Buyers
Energywell, LLC
Targets
Engie Retail, LLC d/b/a Think Energy
Sellers
Engie Retail, LLC (ENGIE)
Industry
Energy
Location
Connecticut, United States
Transaction Type
Buyout

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