News

MCG Completes SAS 70 Type II Audit to support CIP Compliance

Minneapolis, Feb 1, 2010: MCG Energy Solutions, LLC ("MCG") has successfully completed a SAS 70 Type II audit, an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). This audit provides assurance that MCG follows policies, procedures, and business processes recognized as best practices for providing a secure, stable environment.
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MCG Completes SAS 70 Type I Audit to support CIP Compliance

Minneapolis, August 5, 2009: MCG Energy Solutions, LLC ("MCG") has successfully completed a SAS 70 Type I audit, an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). This audit provides assurance that MCG follows policies, procedures, and business processes recognized as best practices for providing a secure, stable environment.
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MCG Announces Appointment of Jon Olson as Director of Business Development

Minneapolis, May 11, 2009: MCG Energy Solutions, LLC ("MCG"), a leading provider of power trading and scheduling solutions for physical and ISO power transactions, today announces the appointment of Jon Olson as Director of Business Development. Jon joins MCG with over 16 years experience in commodity and power trading serving in a variety of roles including managing trade desks and generation assets.
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OpenLink and MCG Announce Joint Venture Partnership

Uniondale, March 3, 2009 / Business Wire: Open Link Financial, Inc. ("OpenLink"), a leading provider of cross-asset trading, risk management and related operational, portfolio management and optimization software to worldwide companies in the global energy, commodities and financial services markets, today announces that it has entered into a joint venture agreement with MCG Energy Solutions, LLC ("MCG"), a nationally recognized leader in the provision of power scheduling systems, meeting North American Electric Reliability Council (NERC) e-Tag, Open Access Same-Time Information System (OASIS), and ISO communications requirements for electricity markets.
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