Electrasource Advisors Acquires NuPower Energy

FORT WORTH, TX: Fort Worth-based energy services company Electrasource Advisors is pleased to announce the acquisition of the assets of NuPower, an energy commodity brokerage based in Houston, Texas. This is the third such acquisition by Electrasource Advisors in the last 18 months. This acquisition of NuPower provides Electrasource with a stronger presence in the Houston region and is aligned with Electasource’s ongoing strategy of expansion and growth through acquisition opportunities within deregulated markets. Both firms will operate under the Electrasource Advisors entity and continue to provide consultation and efficiency services to their customers.

“Tim Rice and his NuPower operation provide an excellent customer base that Electrasource can further extend our quality services to,” stated Jason Bear, COO of Electrasource Advisors, “We see our abilities to provide guaranteed energy savings to select businesses as a significant value add for NuPower’s customers.”

President of Nupower Energy, Tim Rice had this to say: “The opportunity to align NuPower with the resources Electrasource offers is advantageous to the growth of NuPower. Energy savings along with ancillary products and services offered by Electrasource will benefit our existing customer base and allow NuPower to expand its current business operations throughout Texas.”

ABOUT ELECTRASOURCE ADVISORS, LLC: Electrasource Advisors launched with one goal — to offer 360 energy solutions for its clients. With an executive team with more than 45 years of combined experience, Electrasource Advisors offers turnkey energy solutions blending energy procurement, energy efficiency, power quality, and alternative energy sources. Electrasource Advisors was founded in 2016 and is based in Fort Worth, TX. You can learn more at http://www.Electrasource.com