MC Squared Energy Services, LLC announced it has reached an agreement with RRI Energy Solutions East, a subsidiary of RRI Energy, Inc. (RRI) to purchase substantially all of the assets and liabilities associated with RRI Energy's retail power business in Illinois. The transaction includes the retail customer agreements and supporting wholesale supply positions. Terms of the transaction were not disclosed.
The transaction includes over 350 service accounts with a forecasted load of 750 million kilowatt-hours of electricity over the remaining term of the customer agreements. The agreements will be integrated into mc2's Illinois-based retail electricity supply business.
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