Announced
Synopsis
Arcadia Power to acquire Real Simple Energy, provider of energy via wind and solar power generating projects. Financial terms were not disclosed. “Recent events in the Texas market prove that customers shouldn’t be exposed to wholesale or variable rates, and want an energy advocate to protect them. Both Arcadia and Real Simple Energy recognize the challenges Texas homeowners and renters have historically faced in the energy buying process, and we remain committed to removing these confusing barriers," Kiran Bhatraju, Arcadia CEO and Founder.
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