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Synopsis
UD Group, a provider of solutions for both energy suppliers and brokers through the only end-to-end connected solution for business energy sales, completed the merger with POWWR. Financial terms were not disclosed. "We are combining the best of both worlds. UD Group has developed an amazing platform to help connect suppliers and brokers. They’re already working with ~85% of the largest energy retail providers in the UK and we’re fired up to provide this marketplace for brokers and energy Suppliers in the U.S. Combining UD Group’s offering with POWWR’s pricing, risk and financial management platforms makes us the first one-stop-shop for the energy industry. Our platform will revolutionise the way energy is bought, sold and managed," Michael Parrella, POWWR CEO.
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