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Synopsis
Envest, an independent energy producer, completed the acquisition of Bullfrog Power, a green energy retailer, from Spark Power, an electrical power services and solutions provider, for $26m. "We are excited to welcome Bullfrog into our operations. The transaction will provide significant immediate benefits to all parties involved, and allow Spark Power, Bullfrog and Envest to achieve new goals and realize growth opportunities. We thank the Spark Power leadership for an efficient and organized transactional process," Jason Moretto, Envest President and CEO.
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