News

MCG Announces Software Solution Implemented for Renewable Energy Company

Minneapolis, January 4, 2012: MCG Energy Solutions, LLC ("MCG") announces deployment of its Integrated Asset Manager (IAM) software to another leading energy company with a national renewable presence in the ISO-New England (ISO-NE), Southwest Power Pool (SPP), New York ISO (NYISO), and Electric Reliability Council of Texas (ERCOT) markets. MCG’s IAM software provides a robust solution with proven market functionality for renewable energy resources in the organized energy markets. “Renewable companies bring something unique to MCG’s expanding list of clients with a large base of renewable assets spread out across a national market footprint. MCG provides these companies the ability to maximize the financial performance of their assets while we take care of all the market integration challenges,” stated Mike Prickett, MCG’s CEO.

MCG’s Integrated Asset Manager provides energy traders and operators an easy-to-use contract and transaction management system with the ability to create and manage transmission reservations, perform E-Tagging, counterparty checkouts and reporting, all through a single user interface. IAM’s single entry reduces time, key strokes, and potential errors. The MCG solution includes application hosting and management along with 24x7 technical support. With integration across all the ISO markets, renewable companies benefit with greater flexibility and increased efficiencies.

“We needed a solution that could be implemented quickly and allow us to effectively manage resources across multiple energy markets. MCG was able to step up to the challenge. They delivered a fully-functional system in a short timeframe, and the quality and knowledge of their staff was instrumental in delivering a successful solution,” said the Director of Energy Management for one of MCG’s renewable energy clients.

MCG customer name withheld due to customer communications policy.