Oil, Gas and Consumable Fuels
Company Overview of Direct Energy Income Fund
Direct Energy Income Fund, through its subsidiaries, supplies energy and energy solutions for residential and business customers in Canada and the United States. It offers natural gas and electricity price protection; a range of heating, ventilation, and air conditioning services, including energy retrofits, installation, maintenance programs, service, and repair; building automation services; energy management software; and financing for capital intensive projects. The company also provides natural gas supply services to business customers in San Diego and southern Orange counties in California. Direct Energy Income Fund was formerly known as OPTUS Natural Gas Distribution Income Fund and c...
25 Sheppard Avenue West
Toronto, ON M2M 6S6
Founded in 1986
Key Executives for Direct Energy Income Fund
President - Direct Energy Marketing Limited
President of Mass Markets Energy
President of Home & Business Services
Compensation as of Fiscal Year 2012.
Direct Energy Income Fund Key Developments
Direct Energy Expands into Retail Natural Gas Services in San Diego Gas & Electric Territory
Apr 2 13
Direct Energy is now providing competitive natural gas supply services to business customers in the San Diego Gas & Electric service territory, which serves approximately 3 million people in San Diego and southern Orange counties in California. With increased competition providing opportunities for customers to choose their supplier and realize better gas pricing, business customers now have an attractive new choice from one of North America's large integrated energy companies. More specifically, Direct Energy will offer business customers served by SDGE a suite of fixed and index products, which may provide competitive savings off the SDGE utility rate for gas supply. Direct Energy's entry into the SDGE service territory expands its California footprint for retail gas service. The company already has a strong and established presence in California serving commercial and industrial customers with electric products as well as energy services through its Clockwork Brands.
Direct Energy Expands Footprint in Arizona
Jan 9 13
Direct Energy is expanding the company's footprint in Arizona with a new, comprehensive call center, which will play an important role in the company's growth. With the new call center to be located in Tempe, Direct Energy will expand its Phoenix regional base and employ an additional 250 to 300 people, creating new jobs in the Greater Phoenix region. Direct Energy will move into the new facility in February. The company expects the call center to be fully functional by the end of the first quarter of 2013.
Direct Energy Mulls Acquisitions
Jan 9 13
Direct Energy Income Fund intends to pursue acquisitions. Direct Energy continues to pursue an aggressive organic and acquisitive growth strategy in North America and position itself to meet all the energy needs of services, business, and residential consumers.
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