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Former Founder Of ESCO Launching New Retail Supplier

February 21, 2025

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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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American Energy Supply LLC, a start-up, applied for an Ohio natural gas supplier license to serve all customer classes in all service areas

American Energy Supply, which will use a trade name of American Energy, was formed last year, and, to date, has not yet received a supplier license in any state

The principals of American Energy Supply are Murad (Marc) Jajati, CEO, and Ikey Ballah, COO

Jajati was previously a founder at New York-based ESCO Buy Energy Direct, LLC, and also served as CFO at the supplier. Jajati has also led real estate development and contracting companies, and founded and served as CEO of Sky Water

Ballah is managing partner at a company offering workwear apparel (Denice Inc) and previously served as CEO at Nova Warranty, which offers auto warranties and protection plans

American Energy Supply LLC is owned by Ground Up Capital LLC [also listed as Grounds Up Capital LLC] (75%) and Ikey Ballah (25%)

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