Satori Energy Acquires Energy Choices

PRESS RELEASE

FOR IMMEDIATE RELEASE

Satori Energy Acquires Energy Choices, Inc.

CHICAGO – April 3, 2017 – David C. Wiers, President of Satori Energy, announced today that Satori Energy has acquired the assets of Chicago-based Energy Choices, Inc.

Energy Choices has operated since the beginning of deregulation in Illinois and has worked at the forefront of securing electricity cost savings for customers. Founded by professional engineers with business backgrounds, Energy Choices developed a regional reputation as a top firm in the Chicagoland area. This is the eighth acquisition by Satori Energy since 2014, which continues Satori’s pattern of targeted growth. Wiers commented, “I have known the founders of Energy Choices for over 13 years and we have always had a great professional relationship, especially working within the Illinois Energy Professionals Association (ILEPA). Satori is excited to welcome new members to our team as well as hundreds of new clients that will benefit from Satori’s robust back-office platform.”

Craig Schuttenberg, one founders of Energy Choices added, “This was a great fit for Energy Choices clients and for Energy Choices. Satori’s client-service operations have been recognized in the industry and we are excited to be able to offer our clients these capabilities.”

Two full-time employees were included in the acquisition. The transaction closed in late March 2017.

About Satori Energy

Satori Energy was founded in 2003, is headquartered in Chicago, and has evolved with the changing electricity markets over the past 14 years. Currently serving over 55,000 accounts, Satori has continued its mission in serving its clients through strategic energy procurement, risk management, market monitoring services, and overall energy management solutions for clients in deregulated markets nationwide. For additional information, please visit www.satorienergy.com.

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