Crius Energy, LLC Named Energy Supplier of the Year
STAMFORD, CT, March 3, 2014 /CNW/ - Crius Energy Trust (TSX: KWH.UN) (the "Trust") is pleased to announce that Crius Energy, LLC (the "Company" and together with the Trust, "Crius Energy"), was recently named Energy Supplier of the Year at the inaugural Energy Marketing Conference. The event, held in New York on February 27, brought together hundreds of representatives from utilities, marketers, vendors and suppliers serving the retail energy industry.
"We are deeply honored to be recognized by our industry peers as Energy Supplier of the Year," said Michael Fallquist, CEO of Crius Energy. "This award is a validation of Crius Energy's multi-channel, family-of-brands marketing strategy, which is unique in the retail energy industry. It is also a testament to the hard work and innovation demonstrated by our corporate marketing team, our marketing partners and every one of our marketing representatives around the country."
According to the event organizers, the Energy Supplier of the Year award is presented to the energy supplier that managed to grow their business into a strong industry competitor while maintaining an outstanding reputation for integrity. In addition, consideration was also given to energy suppliers that successfully coordinated with joint venture partners to build brands and capitalize on opportunities in deregulated markets. The Company currently markets its various energy products through exclusive marketing partnership agreements with Cincinnati Bell, Frontier Communications and FairPoint Communications, as well as through its Viridian green energy network marketing channel and its Public Power traditional marketing channel.
About Crius Energy
Crius Energy Trust has been established to provide investors with a stable and consistent distribution-producing investment through the acquisition of a 26.8% ownership interest in the Company. With over 610,000 residential customer equivalents, the Company is one of the largest independent energy retailers operating in the United States. It serves residential and small to medium-size commercial customers in the United States and markets its products through a variety of sales channels and brand names. The Company currently sells electricity in 14 states and the District of Columbia, natural gas in seven states and the District of Columbia and solar energy products and services in six states. Material information pertaining to the Trust may be found on www.sedar.com or www.criusenergytrust.ca.
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