Atlantic Energy Enhances Market Position with Summer Energy Acquisition

Atlantic Energy Expands Through Strategic Acquisition of Summer Energy

In a significant move for the energy market, Atlantic Energy Group LLC has announced the acquisition of a majority of Summer Energy's commercial customers in Texas. This strategic decision reinforces Atlantic Energy's dedication to becoming a front-runner in the retail energy sector and further solidifies its presence under the AE Texas brand.

The acquisition, which is reflective of Atlantic's strong growth strategy, marks the company's third major acquisition in 2025, buoyed by rapid organic growth that positions Atlantic as one of the fastest-growing energy retailers across the United States.

Rob Cantrell, the CEO of Atlantic Energy, expressed excitement about this new chapter for both the company and its new customers. He stated, "We are thrilled to welcome these customers to AE Texas. This acquisition aligns seamlessly with our strategic objectives for 2024-2025. Our overarching goal is to establish ourselves as the preferred energy provider in Texas, catering to the needs of both our customer base and broker partners."

Transitioning customers to AE Texas will involve a streamlined process, with assurances that they will experience continuous service without disruption. Current contract terms, rates, and plans for these customers will remain unchanged, underscoring Atlantic Energy's commitment to transparency and customer satisfaction. Customers can expect the transition to begin as early as August 11, ensuring a prompt and efficient transfer.

Neil Leibman, the CEO of Summer Energy, also weighed in on the acquisition, commenting, "We are pleased to find a new home for our valued customers. Some of our commercial relationships go back ten years or more, so it’s reassuring to know they will transition to a capable provider while we continue to deliver value for our shareholders." This sentiment illustrates the mutual benefit of the acquisition for both companies and their clients, ensuring a continuity of service that clients can trust.

Background on Atlantic Energy

Founded in 2012, Atlantic Energy has grown exponentially, now providing competitive pricing for electricity in eleven states and natural gas in seven. Serving over 50 utilities, Atlantic Energy focuses on innovative solutions that empower both residential and commercial customers to better manage their energy consumption. Through a diverse range of products and services, they aim to meet the distinct needs of their customer base.

The Vision Going Forward

With a clear strategic focus, Atlantic Energy is poised for continued expansion. Their ambition to be a leading energy provider is reflected in proactive market strategies and customer-centric services that prioritize sustainability and reliability. As the energy landscape evolves, Atlantic Energy's proactive approach may well position it as a formidable player in the energy sector.

As the acquisition unfolds, Atlantic Energy retains a commitment to quality service and customer satisfaction at the forefront of their operations, ensuring any transition remains as seamless as possible for new clients. By engaging continuously with their network and adapting to the needs of their customer base, Atlantic Energy is setting and maintaining high standards for the future of energy provision.

For any inquiries or further information, interested parties are encouraged to reach out to Emily Pittman via email at [email protected] or via phone at 346-589-4674. This proactive communication ensures that customers and partners alike remain informed throughout this transition period.

Conclusion

In conclusion, Atlantic Energy’s strategic acquisition of Summer Energy's commercial customers is not just a business maneuver. It symbolizes a commitment to expansion and service excellence within the Texas energy landscape. As they embark on this journey, both existing and new customers can look forward to a bright future under the AE Texas brand, marked by stability, innovation, and robust energy solutions.