Axpo Acquires American PowerNet and Partners with Power Synch
-
Aston Villa Defy History With Rare Victory at Old Trafford
-
Brussels Education Unions Schedule Major November Protest Over Funding and Reforms
-
Crowds Gather at San Francisco Park for Elizabeth Holmes Lookalike Tournament
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 09
-
Making Your Home Safer for Aging Parents: Accessibility Renovations That Add Value
-
New 401k Gold IRA Investment Guide Explains the Best Way to Invest in Gold for Retirement (2026 Update)
-
iPS Cell Research Accelerates Drug Discovery for ALS and Spinal Cord Injury
-
Central Tokyo Apartment Rents Forecast to Rise 11% by 2030
-
Rene Eyre Revisits Autobiographical Performance 'Say A Little Prayer' in London
-
London Museum Granted 24/7 License Ahead of November Opening
-
UAE's HCT Holds Record Graduation and Announces Major Training Expansion
-
Dana White Confirms Flight to Washington for Trump Meeting on Press Secretary Role
-
NASA Awards $10B Lunar Contract Framework to SpaceX, Blue Origin
-
Dengue Fever Expands Into High Himalayas as Climate Change Warms Nepal
Axpo Acquires American PowerNet and Partners with Power Synch
Axpo has acquired United States energy platform American PowerNet, it was announced today. Completed on December 10, 2025, the deal expands Axpo's footprint in the US retail energy market, serving end-use commercial and industrial (C&I) customers.
NEW YORK, NY / ACCESS Newswire / December 15, 2025 / The acquisition of American PowerNet Management LP ("APN") and its affiliates unites Axpo's global energy expertise with APN's decades of US market leadership. The deal sees Axpo extend its retail presence to additional states across the mid-Atlantic, New England and Midwest markets, servicing C&I customers in manufacturing, aerospace, pulp and paper, higher education and other sectors.
Head of Axpo US Kamal Khoury said: "Combining Axpo's market expertise with APN's retail capabilities enables us to offer tailored supply, risk management ,and credit solutions to C&I customers across the United States. Our mission is to empower customers to achieve their desired risk profiles when managing their energy needs. This transaction allows us to serve C&I customers across the US with the same focus.
"We're also excited to partner with the APN team on their innovative Power Synch platform, offering customers modernized wholesale procurement and credit solutions," he added.
Since its launch in 1994, American PowerNet has delivered transparent and independent energy solutions to large-scale buyers, including universities, municipalities, manufacturers, and data centres.
APN Founder R. Scott Helm said: "For three decades, our mission has been to help large buyers transparently access fair, competitive power. In partnership with Axpo and through Power Synch, we're taking that mission to the next level, bringing together technology, innovation and scale to advance the US energy landscape."
Under the terms of the transaction, APN will become a wholly owned subsidiary of Axpo US, with Helm and his team continuing to deliver services under Power Synch LLC.
Contact Axpo:
Axpo Holding AG, Corporate Communications
T 0800 44 11 00 (Switzerland) | T +41 56 200 41 10 (International)
(Available 8.00 a.m. to 5.30 p.m.)
[email protected]
Contact American PowerNet/Power Synch:
David Gobberdiel
Head of Advisory & Counsel
[email protected]
(610) 372-8500
SOURCE: Axpo
View the original press release on ACCESS Newswire
P.Mathewson--AMWN
