Burlington, MA – November 7, 2013 – Mint Energy, LLC announced today the signing of a definitive long-term credit and supply agreement with Pacific Summit Energy LLC (“PSE”), a subsidiary of Sumitomo Corporation, for Mint Energy’s current and future energy markets.
“We are extremely pleased to be working with PSE, a wholesale energy market leader, and expect this new partnership to provide us with tremendous opportunities and stability to grow our business,” said David Reinfeld, Mint Energy’s CEO. He added, “Our new agreement with PSE is the logical next step in Mint Energy’s strategic plan to provide the best possible value and service to our customers.”
Mint Energy currently services commercial and industrial customers in Massachusetts, Connecticut, Rhode Island, and Maine. The Company expects to serve customers in New Hampshire and Pennsylvania in early 2014. For more information about Mint Energy, please contact John Allario, Vice President Finance, firstname.lastname@example.org. To learn how to become a Mint Energy customer or channel partner, please contact Cheryl Schipilliti, Channel Partner Manager, email@example.com.
About Mint Energy: Mint Energy (www.mintenergy.net) is one of the fastest growing Independent Retail Electric Providers in New England. The Company focuses on providing the best competitive energy solutions to small and medium sized businesses. Mint facilitates customer business primarily through its independent broker and agent channels where Mint introduces commercial and industrial businesses to Mint’s world class and innovative energy products and services. Mint was one of the first electric suppliers to introduce first of the month billed products with varying payment terms.
About Pacific Summit Energy LLC and Sumitomo Corporation: Sumitomo Corporation and its subsidiary, Sumitomo Corporation of America, formed Pacific Summit Energy LLC (www.pacificsummitenergy.com) to expand their presence in the North American energy industry. Pacific Summit Energy combines the considerable financial resources of the Sumitomo Group, the equity production of its affiliates, a culture of strong business experience and ethical practice, a wealth of professional knowledge about natural gas, LNG, and electric power in conjunction with a global view of commodity finance, trading and transportation. Sumitomo Corporation (www.sumitomocorp.co.jp) is one of the world’s leading fully integrated trading and investing enterprises, and a major distributor of commodities, industrial products and consumer goods. Besides its role as an international trader, Sumitomo Corporation is an active investor in a diverse range of businesses that integrate with existing Company operations or position the Company in markets with long-term potential.