EnergyNext, Inc. Enters Into Strategic Partnership With Satori Energy

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Saratoga Springs, NY

One of New York State’s leading energy consulting firms is scaling up to meet the needs of its growing business, municipal, and not-for-profit customer base, assuring that new group-buying programs and choices are available, especially in renewable energy and community choice.

Gordon Boyd and Gene Salerni, both founding partners of EnergyNext, Inc., announced today a strategic partnership with Satori Energy, based in Chicago, Illinois. “Satori Energy will be bringing its robust back-office assets to support, enhance and continue to create value for all EnergyNext, Inc. clients and customers,” said Boyd.

“This partnership will allow EnergyNext, Inc. clients to realize additional energy savings for the various businesses, chambers of commerce, trade associations, and municipalities we serve, utilizing Satori’s industry-leading procurement processes and internal systems,” Salerni added.

Anna Baluyot, Executive Vice President at Satori, noted “We look forward to combining Satori’s strengths with the tremendous business which Gordon and Gene have built over the past decades. Our skill sets complement each other very well and our goals are aligned in designing the best possible customer experience.”

Boyd added, “New initiatives from the Public Service Commission promise added choices for New York consumers, especially where renewable energy, community-based procurements, and enhanced reliability are concerned. This partnership will give our customers the most timely and expert responses to these new developments, as well as enhanced commodity procurement for electricity and natural gas.”

About Satori Energy

Satori Energy was founded in 2003, is headquartered in Chicago, and has evolved with the changing electricity markets over the past 12 years. Currently serving over 48,000 accounts, Satori has continued its mission in serving its clients through strategic energy procurement, risk management, market monitoring services, and overall energy management solutions for clients in deregulated markets nationwide.

Satori’s President David C. Wiers has participated in many deregulated markets from their inception, and has shared his expertise at many conferences and forums, advocating electricity deregulation and representing third-party aggregators, brokers and consultants (ABC) channels. Based in Chicago, Wiers is also a founding member and initial President of the Texas Energy Professionals Association (TEPA). In 2007, he founded the Illinois Energy Professionals Association (ILEPA), similar to the Texas organization. Wiers has a B.A. degree from Carthage College.

Anna M. Baluyot has over 20 years of extensive experience in the energy industry. This background constitutes broad knowledge ranging from utility engineering and operations and wholesale energy trading, to energy efficiency and demand response solutions for end-use clients. In her past role as an alternative energy supplier, Ms. Baluyot structured and negotiated commodity products and renewable bundled options to the governmental, industrial, and institutional sectors. Additionally, Ms. Baluyot has vast experience in the electricity aggregation business, successfully creating value for 40 communities in Illinois. She holds a B.S. from Loyola University of Chicago, and an MPA from Indiana University.

About EnergyNext, Inc.

EnergyNext, Inc., of Saratoga Springs, NY, has managed group energy buying programs since the inception of deregulation in the mid-1990s. Its clients include more than a dozen Chambers of Commerce, trade associations and the Municipal Electric and Gas Alliance (MEGA). Through the groups, EnergyNext procures electricity and natural gas supplies, plus renewable energy, for more than 1,500 customers with total annual energy spending of more than $100 million.

Gordon Boyd has employed a background as a strategic planner to identify leading opportunities in the energy marketplace for the firm’s clients. Boyd serves on the board of the Northeast U.S. chapter of the Energy Professionals Association. He previously worked in New York State government, and has served on a number of statewide and local boards, including as environment chair of the New York Chamber of Commerce and Industry. He received an A.B. degree from Hamilton College.

Gene Salerni has a technical and research background, assisting clients in pricing and energy management decisions. He also served as Research Director for a joint commission of the NYS Legislature, and has a Ph.D. from Rensselaer Polytechnic Institute.

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