NextEra Energy Resources has agreed to acquire Symmetry Energy Solutions in a deal that would enhance NextEra Energy Resources’ existing customer supply business. The seller was Energy Capital Partners (ECP), and financial terms were not disclosed.
“Over the last five years, ECP and the Symmetry team substantially improved the company’s customer relationships, contract quality and efficiency, ultimately positioning it as a differentiated leader in the U.S. natural gas market,” said Andrew Gilbert, partner at ECP. “We are extremely proud of the transformation and growth achieved at Symmetry during our ownership and look forward to its continued success. We know NextEra Energy Resources’ complimentary capabilities, relationships and reach will accelerate Symmetry’s growth.”
Symmetry provides natural gas supply, storage and asset management solutions to a broad range of end users nationwide. The company is a key supplier of competitive natural gas in the U
