SolArc announced yesterday that Sprague Energy has selected SolArc’s Solution for Natural Gas to manage that company’s natural gas supply business, including deal capture, nominations, scheduling/logistics, billing and risk management.
According to the press release, Sprague has been a SolArc customer for more than five years, using RightAngle to manage their oil trading, marketing and risk management operations.
I talked with Alan Gunn, Solarc’s managing director of natural gas sales, this afternoon and he indicated that this deal was one of “several” new gas deals they’ve closed in the last few months (including a previously announced deal with Southcross Energy). He also said, “…and the year isn’t over yet”. Stay tuned.
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December 22nd, 2009
Gary Vasey
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