Press Release

CPV Announces Launch of CPV Retail Energy Platform

SUGAR LAND, Texas (January 5, 2023) – Competitive Power Ventures (CPV) announced the launch of its retail energy platform, CPV Retail Energy, which will initially serve as a retail electric provider for commercial and industrial customers in states within the PJM market and eventually expand into New York and New England.

CPV Retail Energy builds on CPV’s decarbonization efforts and commitment to ESG by helping businesses meet their sustainability goals through renewable and dispatchable low-carbon energy solutions.

“CPV is excited to launch this new platform which will enable the company to share the benefits of its renewable and world-class low carbon fleet directly with customers” said Qadir Khan, President of CPV Retail Energy. “The retail team has decades of experience in building successful retail platforms and we look forward to developing this new customer-focused platform.”

CPV’s generation assets, which include state-of-the-art, highly efficient and low-emitting combined-cycle generation facilities as well as an extensive development pipeline of wind, solar and dispatchable resources with carbon capture, will serve as the backbone for CPV Retail Energy. The new retail platform will offer a variety of sustainable electricity solutions to help businesses meet their ESG goals.

“With plans and products from CPV Retail Energy, customers will have access to reliable electricity sourced from a company that is not only committed to the environmentally responsible production of electricity, but that also places a strong emphasis on being a good corporate citizen and operating with integrity” said Khan. “We can’t wait to get started growing CPV Retail Energy into a premier “Greentailer” in the retail electric power industry and offer customized pricing plans including 100% renewable options.”