BLOOMFIELD HILLS, Mich., Sept. 05, 2018 (GLOBE NEWSWIRE) -- O2 Investment Partners (www.o2investment.com) and EMEX, LLC (www.energymarketexchange.com) announced today that it successfully recruited Jorge Lopez, an energy industry expert and former CEO of ConEdison Solutions, to join the EMEX board of directors and to assist the Company in achieving its aggressive growth plans.
Most recently, Jorge spent 10 years as the President and CEO of ConEdison Solutions. During Jorge’s tenure, he was responsible for the growth strategy, execution, and management of one of the largest diversified energy service companies in the U.S. The core business included the development and sale of product and services, including retail energy supply, energy efficiency performance contracting, and both distributed and renewable generation to end customers. Prior to Jorge’s career at ConEdison Solutions, he held high-level positions at Chevron Energy Solutions, Pacific Gas & Electric Energy Services, and Public Service Electric & Gas Company.
Jorge Lopez commented, “I am thrilled to be working with EMEX and O2, and I look forward to helping the Company become the industry’s premier energy procurement platform. The EMEX leadership team, led by Dan Marzuola, coupled with its industry-leading technology platform positions the Company well to take advantage of the rapid consolidation taking place in the retail and wholesale energy market.”
Dan Marzuola, President and CEO of EMEX, remarked, “As EMEX continues to expand its footprint across North America, it is important that we surround ourselves with experienced energy executives. As a board member, Jorge will pull from his vast industry experience and knowledge to provide guidance as we continue to grow. We are extremely pleased to have him as a member of the team, and I want to welcome him to our board of directors.”
Luke Plumpton, Partner at O2 Investment Partners, added, “Jorge’s unique experiences and background in the energy industry will be essential as EMEX continues to scale. His perspective will be invaluable as we shape EMEX’s future.”
About O2 Investment Partners:
O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire a majority interest in lower middle market manufacturing, niche distribution, and select service and technology businesses. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value.
O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.
About EMEX, LLC:
EMEX is a technology-driven service provider that facilitates the brokerage of electricity and natural gas procurement in regulated and deregulated markets across the United States. EMEX’s proprietary enterprise software solution provides an innovative procurement technology that uncovers the lowest rates for electricity and natural gas supply, specifically in commercial and industrial end markets. EMEX’s highly skilled team educates customers about the workings of and options available in the retail electric and natural gas markets to ensure the client purchases the most suitable and competitive energy contract. EMEX is headquartered in Houston, Texas, with additional operations in Dallas, Texas; Waco, Texas; and Trenton, New Jersey.
Additional information is available at www.o2investment.com; www.energymarketexchange.com
CONTACT: Luke Plumpton, Partner, O2 Investment Partners (lplumpton@o2investment.com)