Gainline Capital Partners said Wednesday it purchased a major interest in Flagship Power,...
launched Flagship Power in 2022 and will remain a significant shareholder in it, the companies said in a statement.
Cantrell, who will remain on Flagship’s board, declined to say how many customers the company serves, but said it’s “adding thousands a week.” The companies also did not disclose the value of the deal, or exactly how much of an interest Gainline will have in Flagship.Cantrell has been involved in the Texas retail electricity market since its current structure was set up, he said.
Over the years Cantrell has helped launch multiple retail electricity brands in Texas, including Pulse Power which was sold to Shell Energy in 2021. He expected Flagship to attract private equity investment, but said it happened even faster than he anticipated.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Armed suspect posing as deliveryman in alleged Connecticut home invasion attempt caught on cameraA man allegedly pretended to deliver a package to a Connecticut home but had a gun and planned to zip tie the owners and rob the home, according to police
Read more »
Beloved Connecticut mom of three vanishes on hiking pilgrimage in JapanA Connecticut mother of three on a hiking pilgrimage in Japan went missing in a mountainous region a week ago and her frantic family is pleading for help.
Read more »
‘Errant tire’ shears off vehicle’s roof on interstate in ConnecticutThe driver had to be extracted from the vehicle.
Read more »
Dramatic photos show car destroyed after being hit by loose tire on Connecticut highwayConnecticut State Police said a loose tire struck the moving car and sheared off most of its roof.
Read more »
Dramatic photos show car destroyed after being hit by loose tire on Connecticut highwayConnecticut State Police said a loose tire struck the moving car and sheared off most of its roof.
Read more »
D.C. to revise bike lane project on busy Connecticut Avenue NWCritics cite concerns about fewer vehicle lanes and on-street parking options while supporters say a proposed bike lane would provide a safer route for cyclists.
Read more »