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<\/a><\/a>\nThe acquisition represents an important step in the continued growth of 61C\u2019s retail and integrated energy capabilities in North America.<\/p>
\nGAGE\u2019s team, customer relationships, broker channels, systems, and operating infrastructure will support the continued buildout of 61C\u2019s North American retail energy business. The combination will enhance 61C\u2019s ability to serve commercial and industrial customers through an expanded offering of physical supply, structured products, portfolio management, and market intelligence.<\/p>
\n\u201cWe are pleased to complete the GAGE acquisition and to welcome the GAGE team to 61C,\u201d said Ben Sutton, Chief Executive Officer of 61C. \u201cGAGE is a strong strategic fit for 61C \u2013 their customer-focused foundation, paired with our supply, risk management and market access capabilities, creates a broader and more durable offering at an important time for energy customers navigating increasingly complex energy markets. We appreciate the constructive partnership with Link and GAGE throughout the process, and our focus now is a disciplined integration that preserves what has made GAGE successful while giving the business additional tools to grow.\u201d<\/p>
\n\u201cWe are proud of what the GAGE team has built and are grateful for the partnership with 61C in completing this transaction,\u201d said Puneet Sanan, President of Link. \u201c61C is the right step for the next chapter of the business, and we believe GAGE will benefit from 61C\u2019s broader platform, financial resources, and commercial capabilities.\u201d<\/p>
\nAbout Six One Commodities\n \nAbout Pinnacle Asset Management, L.P.\n \nAbout Great American Gas & Electric\n \nAbout Link Growth Advisers, LLC\n