GDF SUEZ Energy North America Makes Investment in OneRoof Energy®

Multinational energy group and leading US solar company to expand reach of solar to more Americans

SAN DIEGO--()--OneRoof Energy, a complete provider of solar services and recently rated the country’s top residential solar contractor by Solar Power World magazine, today announced that a subsidiary of GDF SUEZ Energy North America (“GSENA”), a unit of global energy group GDF SUEZ, has purchased a minority position in OneRoof Energy, Inc. and agreed to explore development of new products and customer acquisition strategies. GSENA is investing in OneRoof Energy due to its scalable business model and direct access to US homeowners. OneRoof Energy believes that GSENA’s broad industry knowledge will support OneRoof Energy in providing simple, affordable solar financing options to more Americans.

GSENA has been active in North America for more than 40 years and brings clean, safe, reliable energy to customers and communities in the United States, Mexico, and Canada. As a seasoned operator of environmentally sound, flexible power generation plants and distribution, GSENA manages a range of energy-related businesses, including a leading retail energy provider via its GDF SUEZ Energy Resources and Think Energy brands. GSENA and OneRoof Energy plan to explore development of new products and customer acquisition strategies initially on the East Coast where GSENA is an active participant in deregulated markets.

“We are thrilled to welcome GSENA as an investor in OneRoof Energy. The company’s leadership in deregulated energy markets will help drive our strategy forward and support OneRoof Energy as it enters new markets,” said David Field, president and chief executive officer, OneRoof Energy. “With the possible addition of GSENA as a joint marketing participant, we anticipate offering our SolarSelect® lease to thousands of additional homeowners across the country, enabling them to embrace solar energy as a viable alternative to rising electricity bills.”

About OneRoof Energy

OneRoof Energy is a complete solar services provider offering homeowners everything from the financing, system design and installation project management to ongoing system monitoring and maintenance. Through the use of our game-changing, proprietary solar sales and design software, we help homeowners find a finance option that is best suited to their individual lifestyle and budget, including the zero-down lease option.

Our signature, SolarSelect® leasing programs allow homeowners to go solar with nothing down, pay less on monthly electricity bills, and enjoy protection against utility rate hikes for up to 25 years. OneRoof Energy is led by a seasoned management team of renewable energy industry veterans with a proven track record of making energy independence a reality. Currently, the company serves homeowners throughout Arizona, California, and Hawaii. For more information, visit www.oneroofenergy.com.

About GDF SUEZ Energy North America

GDF SUEZ Energy North America, Inc. manages a range of energy businesses in the United States, Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, and retail energy sales and related services to commercial and industrial customers. GDF SUEZ Energy North America owns and/or operates cogeneration, steam, and chilled water facilities, including those in construction, representing a capacity of approximately 13,000 MW of electricity generation, 3.5 million pounds per hour of steam, and 37,000 tons per hour of chilled water. Renewable fuels—wind, hydro, biomass, and solar—power 30 of the facilities in the portfolio. GDF SUEZ Energy North America is a subsidiary of the international energy groups, GDF SUEZ Energy International and GDF SUEZ. For more information, please visit www.gdfsuezna.com and www.gdfsuez.com.

Contacts

Weber Shandwick
Jennifer Kelly, 415-262-5935
oneroofenergy@webershandwick.com

Release Summary

OneRoof Energy today announced that a subsidiary of GDF Energy North America has purchased a minority position in OneRoof Energy, agreed to explore new products and customer acquisition strategies

Contacts

Weber Shandwick
Jennifer Kelly, 415-262-5935
oneroofenergy@webershandwick.com