Contact Information: For Further Product Information, Contact: Chuck Sutton President mc2 - Where Energy Comes From (312) 446-3347 For Further PR Information, Contact: Gary McCoy President Fairway Communications (847) 622-7228
MC Squared Energy Services LLC Is Launched
New Illinois-Based Retail Electricity Company Debuts in Chicago as a Result of Joint Venture Between Lower Electric, Rock Creek Energy Partners and Wolverine Trading
| Source: MC Squared Energy Services, LLC
CHICAGO, IL--(Marketwire - December 18, 2008) - MC Squared Energy Services, LLC (mc2), an
Illinois-based retail electricity supply company, announced today its
formation as a result of a joint venture between Lower Electric LLC, Rock
Creek Energy Partners LLC and Wolverine Trading LLC.
Effective immediately, mc2 will manage the responsibility for Lower
Electric's existing retail electric supply and customer service
commitments. Currently serving over 250 accounts in Illinois, Lower
Electric is an Alternative Retail Electricity Supplier (ARES) licensed by
the Illinois Commerce Commission (ICC) since 2004. mc2 will assume the
ARES license from Lower Electric pending ICC approval.
mc2 has a local experienced team that will offer advisory services to
Illinois businesses seeking competitive electricity supply products and
services. mc2, through its full service wholesale trading partner,
Wolverine Trading, is uniquely positioned to offer customers innovative and
reliable energy management and power purchasing strategies.
In addition, mc2 will provide customers with alternative energy supply
options including renewable energy credits to meet state and federal
regulatory requirements for renewable portfolio standards. The company will
also help customers understand how to reduce energy consumption through
energy efficiency strategies that can be tailored to meet their specific
needs.
"In today's challenging economic climate, we are pleased to launch this new
venture that will provide value to businesses in northern Illinois that are
looking for ways to manage costs and reduce their energy expenses," said
Chuck Sutton, president of mc2. "Customers can benefit from our power
supply products designed to minimize volatility and commodity price risks."
Robert Bellick, managing director, Wolverine Trading, says the combination
of the three entities provides a strong addition to the market. "With
significant financial and intellectual capital from each of the partners,
we are excited to introduce the market to a competitive supplier that is
positioned to be an up and coming player in the deregulated energy market
in Illinois."
For more information on mc2, phone (312) 474-6441 or visit
www.mc2energyservices.com
About Us
Wolverine Trading LLC (www.wolve.com) is a Chicago-based diversified
financial institution founded in 1994. Wolverine specializes in
proprietary trading, asset management, order execution services and
technology solutions. Wolverine has branch offices in New York, San
Francisco and London.
Lower Electric LLC (www.lowerelectric.com) is a Northbrook-based energy
consultant and supplier founded in 2001 by Ira Holtzman and William Schloss
providing services to more than 2,000 customers.
Rock Creek Energy Partners LLC is a Chicago-based private investment firm.