Oaktree Leads $250M Investment in Priority Power

Priority Power Management Acquires Aspen Energy Corporation

May 6, 2026

Energy

Aspen Energy Corporation was acquired by Priority Power Management, LLC, a portfolio company of I Squared Capital. Footprint Capital acted as exclusive sell-side advisor, and the combined organization will integrate Aspen into Priority Power to expand advisory capabilities and regional presence across the Midwest.

I Squared Capital Acquires Priority Power Management

July 30, 2024

Energy

I Squared Capital entered into an agreement to acquire Priority Power Management, LLC from Ara Partners, Oaktree Capital Management and other shareholders. Priority Power provides turnkey energy management services and private transmission and distribution infrastructure for commercial and industrial customers across more than 40 U.S. states.

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.

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 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.

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.