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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