FT. LAUDERDALE, Fla., July 13, 2020 /PRNewswire/ — Liberty Power, one of the nation’s largest and longest tenured independent retail electricity suppliers, today announced its new multi-year supply agreement with Boston Energy Trading and Marketing LLC (BETM). BETM is a wholly owned subsidiary of Diamond Generating Corporation (DGC), a leading independent power producer and wholly-owned subsidiary of Mitsubishi Corporation.
In a separate transaction, Liberty Power also completed a restructuring of its capital structure and secured an infusion of fresh capital.
“Transitioning to a new service provider in the midst of the COVID19 global pandemic was not without its unique challenges,” said David Hernandez, Liberty Power CEO and co-founder. “Now with new capital and the BETM power supply agreement in place, Liberty Power is well-positioned to continue