Priority Power acquires Affordable Gas & Electric Company’s solar development business

Priority Power Management announced that it successfully completed its acquisition of the energy procurement, consulting and solar development business of Affordable Gas & Electric Company (AGE).

This transaction further increases Priority Power’s footprint in Midwest energy markets where Priority Power, through Satori Energy (acquired in 2021), is a leader in energy procurement and consulting. The acquisition of AGE’s solar development business further bolsters Priority Power’s commitment to be leader in energy transition innovation.

AGE’s energy management services business, headquartered in Mt. Vernon, Illinois, serves hundreds of municipalities, Chambers of Commerce, businesses and industrial clients throughout Illinois and Ohio.

For a decade, AGE has been aggregating commercial, industrial and municipal electricity customers into strategic “bulk energy loads” to deliver cost effective and efficient energy procurement negotiating strength for its 125,000+ residential and 1,000+ commercial customers. AGE offers a complete suite of energy management and solutions focused on energy transition and sustainability. AGE also offers community solar programs, behind the meter solar solutions, co-generation solutions and other energy efficiency services such as lighting retrofits.

“AGE’s energy procurement aggregation business and energy transition initiatives perfectly complement the expanding suite of services that Priority Power, through Satori, provides to our customers in the Midwest,” added David C. Wiers, president of Satori.

News item from Priority Power

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