NetworkNewsBreaks – Zenergy Brands, Inc. (ZNGY)
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Next-generation energy and technology company Zenergy Brands, Inc. (OTC: ZNGY) this morning announced that it has finalized the name change of its newly-acquired Texas-based retail electric provider (“REP”), from Enertrade Electric, LLC to Zenergy Power & Gas, Inc., with the Public Utility Commission of Texas. Per the update, the name change marks the first step toward Zenergy’s long-term goal of converging the sectors of smart home controls/building automation systems, energy conservation/efficiency services, and retail electricity and natural gas under the company’s “virtual utility” brand. “With a licensed REP under our belt, we believe that we are more poised than ever to become the premier provider of smart controls, on-site energy storage, and retail energy services for both residential and commercial customers,” Alex Rodriguez, president and CEO of Zenergy, stated in the news release. “Our newfound ability to cross-sell and up-sell our smart home controls and systems with our retail energy products and services allows for a whole new avenue of marketing possibilities.”
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