Ice Energy and Verde Energy USA Announce Strategic Alliance

Ice Energy, a leading provider of distributed energy storage and smart grid solutions, and Verde Energy USA Holdings, LLC, a retail energy supplier and clean energy solutions provider, jointly announce the formation of a strategic business alliance that includes an innovative cooperation agreement between the two companies, as well as a minority equity investment in Verde by an affiliate of Ice Energy. This alliance will leverage the strengths of both organizations to provide customers with a unique option for lower cost, clean-tech energy that improves overall grid reliability and efficiency.

For more information, visit www.ice-energy.com and www.verdeenergyusa.com.