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Energy Services Group (ESG) and Allegro Form Global Strategic Partnership

December 18, 2018

NORWELL, Mass.--(BUSINESS WIRE)--Dec 18, 2018--Energy Services Group (ESG), the retail energy industry’s leading provider of SaaS solutions for empowering energy choice globally, has entered into a strategic partnership with Allegro Development Corporation, the leading global provider of commodity trading and risk management (CTRM) software.

Under the partnership, the two global energy leaders are joining efforts to provide oil and gas pipeline management and storage operators with expertise and world-class automated solutions, including the Internet and EDI services solution by Latitude, an ESG company.

“The excellence of the Latitude solution’s underlying technology and its interfacing solutions feature in particular have proven to integrate seamlessly for our clients. ESG’s market share and leadership since the earliest days of energy deregulation have all made partnering a simple and natural process,” said Allegro Director of Partner Relations Brad DeJean.

“Working closely with industry-leading partners like Allegro, we’re committed to continue innovating and delivering the most flexible, scalable and comprehensive business process solutions to support the vital work of pipeline managers and companies throughout the energy industry,” said Steve Piotraczk, ESG vice president of North American sales.

To further demonstrate ESG’s compatibility with Allegro’s solutions to Allegro’s existing customer base, the company will be attending Allegro’s 2019 Global Summit, March 3-7, in Coronado, California.

“We look forward to attending and networking with the world’s top energy companies at Allegro’s Summit. This event offers us the opportunity to meet with other industry leaders and gain greater visibility into how we can provide additional value to energy companies,” said Piotraczk.

About Energy Services Group (ESG)

ESG is the leading global provider of SaaS based software solutions to the retail energy industry and offers a comprehensive suite of products including EDI, billing, CIS, wholesale energy management,pipeline/storage management as well as forecasting, sales and pricing. ESGʼs 300 plus retail supplier clients support over 20 million residential, commercial and industrial customers in production behind over 250 electric and gas utilities in the U.S., Canada, Mexico, U.K., Australia and Japan. Please visit: www.energyservicesgroup.net

About Allegro Development Corporation

Allegro is the global leader in commodity management software for companies that buy, sell, produce or consume commodities. For over 30 years, Allegro has delivered position visibility, risk management, comprehensive controls and regulatory compliance through a forward compatible, next-generation architecture that is built for your business. Allegro’s proven CTRM software innovation and flexibility, coupled with a strong global network of industry partners, makes its solutions the best on the market for full commodity portfolio management. Headquartered in Dallas, Texas, Allegro has offices in Houston, Dubai, Jakarta, Singapore, London, and Zurich. To learn more, visit  www.allegrodev.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005470/en/

CONTACT: Josh Parrish

McDonnell Group, Inc. for ESG

josh@themcdonnellgroup.com

+1 (404) 583-0003, Ext. 108

www.themcdonnellgroup.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: ENERGY OIL/GAS UTILITIES TECHNOLOGY DATA MANAGEMENT SOFTWARE

SOURCE: Energy Services Group

Copyright Business Wire 2018.

PUB: 12/18/2018 10:00 AM/DISC: 12/18/2018 10:01 AM

http://www.businesswire.com/news/home/20181218005470/en

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