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No Joke: New "Enron" Seeks Texas Retail Electric Provider Certificate

January 14, 2025

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Copyright 2025 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

Enron Energy Texas LLC, a newly formed LLC, filed for an Option 1 Texas retail electric provider certificate

Although the creation of a new Enron has generated headlines recently as a "parody", it now appears such activity may have potentially been designed to create viral news in advance of an actual launch of a new Enron brand

EnergyChoiceMatters.com could not confirm any details in the REP application of Enron Energy Texas LLC by publication time, but publishes them because, as is customary, the application includes a notarized sworn affidavit under which a principal of the applicant must, "swear and affirm that all of the statements and representations made in this application for a REP certificate, or amendment to a REP certification, are true and correct."

ECM confirmed, through a search on the Texas Sec. of State notary database, that the name and license number on the notary stamps on the affidavits in the Enron Energy Texas LLC REP application are that of a notary commissioned in Texas.

The Enron Energy Texas LLC REP application indicates a relationship with HGP Storage, though the precise relationship was not clear. ECM stresses that it could not independently confirm any relationship, but recites here the information listed in the Enron Energy Texas LLC REP application which was filed under a sworn, notarized affidavit

Notably, Gregory A. Forero is listed in the REP application as Vice President and Executive Manager of Enron Energy Texas LLC.

The application lists Forero as the "present" President of HGP Storage

Forero previously served as a VP at Constellation and has held trading positions at TXU and Williams

In the REP application, Evan Caron is listed as Vice President of Enron Energy Texas LLC.

An individual named Evan Caron is a founding partner of HGP Storage. Among various other senior roles in the energy industry, Caron was a Board Member at MP2 Energy and Head of North American Electricity Trading, Structuring, Investments at Trailstone

In the REP application, Charles Gaydos is listed as President and CEO of Enron Energy Texas LLC.

The address and phone number for Enron Energy Texas LLC listed in the REP application is the same address and phone number as listed as associated with HGP Storage on HGP Storage's website

The specific website for Enron Energy Texas LLC listed in the REP application does not appear to be live at the time of publication. A website does exist for the new Enron

Per Texas Secretary of State records, the Managing Member of Enron Energy Texas LLC is Enron Energy LLC. While Enron Energy LLC has a California address, it could not be immediately confirmed in what jurisdiction it is organized, and further information could not be obtained as of publication time

Enron Energy Texas LLC sought authority to collect customer deposits and prepayments.

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