Articles from Priority Power Management, LLC
Priority Power Advises Texas Brine and Pure Salt Baytown on Renewable Energy from TXU Energy to Power Gulf Coast Facilities
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, advised and represented Texas Brine Company, LLC (“Texas Brine”) and Pure Salt Baytown, LLC (“Pure Salt Baytown”) on a 100 percent renewable energy contract signed with TXU Energy to power their four facilities along the Texas Gulf Coast. Texas Brine and Pure Salt Baytown together, are the largest independent brine producers in the United States and engage in brine production, treatment, and transportation, as well as underground storage of crude oil, natural gas and natural gas liquids at two Texas Brine locations in Texas.
By Priority Power Management, LLC · Via Business Wire · February 16, 2022
Priority Power Advises United Salt Hockley on a Renewable Energy Contract With TXU Energy
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, advised and represented United Salt Hockley, LLC (“United Salt”) on a 100 percent renewable energy contract signed with TXU Energy to power its salt mine in Hockley, TX and corporate headquarters in Houston. United Salt is part of a family of companies with a long history of producing high quality salts used in a broad variety of applications. Their products are sold under the United Salt Corporation brands.
By Priority Power Management, LLC · Via Business Wire · February 15, 2022
Satori Energy Pledges Support to National Community Solar Partnership
Satori Energy, a full-service energy consulting provider and wholly-owned subsidiary of Priority Power Management, LLC (“Priority Power”), has pledged its support to the U.S. Department of Energy’s National Community Solar Partnership (NCSP) in advance of the NCSP annual summit. Priority Power is backed by funds managed by Ara Partners Group ("Ara Partners"), a Houston-based private equity firm specializing in industrial decarbonization investments, and funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments.
By Priority Power Management, LLC · Via Business Wire · February 8, 2022
Priority Power Announces Joe Loner Joining as Chief Financial Officer
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, announced today that Joe Loner has joined as Chief Financial Officer. Priority Power is backed by funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments, and Ara Partners Group ("Ara Partners"), a Houston-based private equity firm specializing in industrial decarbonization investments.
By Priority Power Management, LLC · Via Business Wire · September 8, 2021
Priority Power Announces Investment by Oaktree Capital
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, announced today a $250 million investment from funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and other select institutional investors. Ara Partners, a Houston-based private equity firm specializing in industrial decarbonization investments that acquired Priority Power in 2019, will continue to hold an ownership stake.
By Priority Power Management, LLC · Via Business Wire · September 1, 2021
Priority Power Announces the Execution of a Solar Development Services Agreement with FireBird Energy
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, announced that it has entered into a Solar Development Services Agreement (“DSA”) with FireBird Energy LLC (“FireBird Energy”), an upstream oil and gas company operating numerous properties in the Midland Basin.
By Priority Power Management, LLC · Via Business Wire · June 29, 2021
Priority Power Announces Agreements with HighPeak Energy to Partner on Electrification and Renewable Energy Projects
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, announced that it has entered into agreements with HighPeak Energy, Inc. (“HighPeak”) (NASDAQHPK), an independent oil and natural gas company engaged in the acquisition, development, and production of oil, natural gas, and NGL reserves, to electrify and power HighPeak’s drilling and operations partially with renewable solar powered energy.
By Priority Power Management, LLC · Via Business Wire · June 24, 2021