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Retail Energy Broker Sells Minority Stake In Company

September 25, 2023

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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com

Broker The Power Company USA, LLC reported that, on August 24, 2023, The Power Company USA, LLC's upstream ownership reflected more than a 10% change when SAT ENG, LLC assumed an ownership interest of 15.73% in The Power 1 Energy Company.

The Power 1 Energy Company is the parent company to The Power Company USA, LLC.

Sichenzia Ross Ference LLP recently announced that it represented The Power Energy 1 Company (the “Company”) in the sale of $3,500,000 of Series A Preferred Stock to a single investor.

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