On January 9, 2023, CPV Retail Energy, Competitive Power Ventures’ (CPVs) recently announced retail electric division, has chosen ArcTrade as the technology platform to allow the organization to provide clean energy products backed by CPV’s world-class production fleet directly to companies to help them reach their ESG targets.
''As we grow the CPV Retail Energy brand, working with a premier technology platform like ArcTrade will enable the company to drive customer value by ensuring we are operating at the highest level possible, which will directly benefit our customers.''
-Qadir Khan, President of CPV Retail Energy
(Source – GlobeNewswire)
ArcTrade will function as the end-to-end platform that facilitates retail sales to industrial and commercial clients in the PJM market within states.
"CPV is a forward-looking emerging energy retailer whose mission is to provide energy customers with comprehensive and clean energy solutions. They seek a technology platform that can provide complete capabilities to support their energy product development and service delivery." Adding to this, he also said, "We look forward to working with CPV to innovate the business models and transform the future of energy."
-Lesley Yang, ArcTrade CEO
(Source – GlobeNewswire)
About CPV Retail Energy
CPV Retail Energy was founded in 2022 as a retail electric provider, primarily targeting large commercial and industrial clients in the PJM market region and ultimately expanding into New York and New England. CPV is a wholly-owned subsidiary of
Competitive Power Ventures, a leading US developer of renewable energy that supplies some of the top ten Fortune 500 companies.