Aquilon Energy Services opens new office in Houston

-- Office in Esperson building will support firm's continued expansion in the city --

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Aquilon Energy Services Inc.

Oct 10, 2017, 09:00 ET

LISLE, Ill., Oct. 10, 2017 /PRNewswire/ -- Aquilon Energy Services recently opened a new, expanded office in the Esperson building in downtown Houston to support its ongoing growth in the city. Aquilon is the developer of the Energy Settlement Network®, the first collaborative, cloud-based platform to automate wholesale energy settlements.

"Houston is the energy capital of the world, and we expect much of our company's future expansion to happen in the city," said Jeffrey Wagner, founder and CEO of Aquilon Energy Services. "We are impressed with the talent we've hired in Texas and look forward to continuing to add to our strong team in Houston. This new space offers us room to grow as we help more companies automate energy settlements with our Energy Settlement Network."

The ESN™ enables buyers and sellers to automatically identify exceptions and settle physical and financial energy transactions with their counterparties. Earlier this year, Aquilon announced that it raised $19 million during a Series B financing round. This included investments from Citi, Goldman Sachs Principal Strategic Investments, Invenergy and Macquarie Group. In addition to investing, all four companies are joining the ESN.

Aquilon's Houston office is located at 808 Travis Street, Suite 400. For more information about the Energy Settlement Network, visit www.aquiloninc.com or call 888-943-0340.

About Aquilon Energy Services Inc.
Aquilon Energy Services Inc. develops innovative software and service solutions for the energy industry. The Aquilon team combines deep industry insights with advanced technology to bring reliable, collaborative solutions to the energy market. The firm's Energy Settlement Network (ESN™) enables energy participants of all sizes to manage, access and settle large volumes of power, oil and natural gas transactions with their counterparties. The company is based in Lisle, Illinois, and has an office in Houston. For more information, please visit www.aquiloninc.com.

SOURCE Aquilon Energy Services Inc.