Houston, TX March 12, 2025 – Enerex, a trailblazer in digital solutions for the retail energy industry, and Converged, a cutting-edge energy technology firm specializing in pricing and risk management solutions, today unveiled a groundbreaking strategic partnership set to transform operational efficiencies and risk management for retail energy suppliers.
This powerful collaboration harnesses the core strengths of both organizations to provide retail energy suppliers with unparalleled access to state-of-the-art tools and services. The partnership aims to create a seamless workflow from inbound RFQ to pricing, billing, financial risk management, and throughout the entire customer lifecycle, including drops and renewals. By joining forces, Enerex and Converged will significantly enhance suppliers’ ability to serve their broker partners and direct sales clients with unprecedented speed and efficiency.
Nate Richards, CEO at Enerex, emphasized the significance of this alliance: “Our partnership with Converged underscores our unwavering commitment to equipping retail energy suppliers with the most advanced technology and data solutions available. By combining our expertise and industry relationships, we’re poised to offer suppliers unparalleled support in optimizing operations and managing risk.”
Converged’s Pricing Desk, a cutting-edge multi-market and multi- commodity pricing solution enabling enhanced decision-making for retail energy suppliers, will seamlessly integrate with Enerex’s CRAFT and Propeller platforms. This integration will streamline supplier-broker interactions and optimize pricing workflows, creating a powerhouse of innovative solutions that drive operational excellence and business growth.
“Our collaboration with Enerex is a natural fit as we look to expand the impact of our solutions in the retail energy space,” said Brian Palka, VP at Converged. “By aligning our networks and expertise, we are well-positioned to help suppliers improve efficiency, strengthen financial resilience, and respond more effectively to market dynamics.”
Key Partnership Initiatives
- Enhanced Market Access: Leveraging extensive relationships across the retail energy sector to create expanded opportunities for suppliers.
- “Out of the Box” Connectivity: Demonstrating API-based connectivity between Propeller and Pricing Desk, providing sales teams with real-time access to custom pricing in applicable markets.
- Improved Operational Efficiency: Exploring innovative ways to streamline processes and reduce administrative burdens for suppliers.
- Expanded Innovation and Technology Solutions: Offering access to cutting-edge capabilities that ensure suppliers maintain a competitive edge in a rapidly evolving market.
This strategic alliance highlights both companies’ shared vision of advancing the retail energy industry through collaboration and innovation.
For more information about this game-changing partnership, please contact:
Elizabeth Bilton
Marketing Director
Enerex
Elizabeth.Bilton@enerex.com
About Enerex
Enerex is the leading data platform for the retail energy industry, offering advanced technology solutions that enhance efficiency and connectivity. Its flagship platforms—Sparkplug, Exchange, CRAFT, and Propeller—empower brokers and suppliers with automation, secure data exchange, and streamlined workflows. With cutting-edge AI, APIs, and an unwavering commitment to data security, Enerex ensures that the retail energy market operates with confidence, agility, and efficiency.
About Converged Energy
Converged Energy is a leading provider of energy technology solutions, specializing in pricing, risk management and business intelligence. Through its advanced platforms, Converged helps retail energy suppliers optimize operations, enhance financial performance, and mitigate risk exposure. By delivering innovative, secure, and efficient technology, Converged enables energy market participants to navigate industry complexities with greater confidence and success.
