Spark Power’s Renewables Small business Expanding Speedily, Supported By Robust U.S.-based mostly Demand

OAKVILLE, ON / ACCESSWIRE / February 2, 2021 / Spark Electric power Group Inc. (“Spark” or “Company”) is excited to share that its renewables business enterprise phase is continuing to practical experience fast development, run by a significantly potent demand from customers for our U.S. wind services.

“I’m pleased to see that our technique to give large good quality construction assistance, functions, and upkeep services for renewable power vendors is having to pay off,” states Richard Jackson, Spark Power’s President & CEO. “We are now one of the most significant unbiased providers of renewable electrical power products and services in North The united states, and our business enterprise is developing drastically faster than the over-all sector,” Jackson carries on. “By furnishing critical, significant-demand assistance companies during building, we are positioned very well to be awarded the very long-expression functions and maintenance services agreements just after commissioning, and we are proving ourselves to be our customers’ Dependable Associate in Electrical power.”“Because far more than 80{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of this small business is in the U.S., our a short while ago appointed Government Vice President of Renewables, Grayson Swan, will now direct Spark Power’s Renewables organization phase from our U.S. head place of work in Dallas, Texas,” Jackson adds. “Grayson will get the job done intently with Cody Zaitsoff, who potential customers our U.S. Complex Companies company, to establish cross-promoting and operational scale opportunities throughout the U.S. market place.”“I’m thrilled to be foremost Spark’s Renewables business enterprise,” states Grayson Swan. “2020 was a calendar year of ongoing expansion and success for the Company’s renewables phase, made attainable by our team’s remarkable efforts and the ongoing have faith in and self-confidence in our services demonstrated by our customers,” claims Swan. “The renewables business enterprise observed 25{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} progress yr in excess of year, fueled by a 50{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} uptick in U.S. based mostly wind products and services. Offered the favorable political natural environment and potent fundamental desire for renewable power, there is a extremely vivid very long-time period outlook for this location of our business,” Swan claims. “We are fired up to carry on increasing throughout the U.S. in 2021, with extra concentrate on the solar providers marketplace, driving identical degrees of development.“Jackson provides, “We have been quite intentional about constructing this element of our business. Apparently, Northwind Answers was Spark Power’s very first acquisition and One Wind Companies was our past. We are fully commited to this sector now a lot more than at any time, with our renewables segment accounting for in excess of 25{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of our complete revenue. We are properly-positioned to continue on to benefit from the tailwinds linked with the have to have to combat weather change, and I am very pleased that Spark Electricity is performing its portion.“About Spark Energy Spark Electricity, a wholly owned subsidiary of Spark Energy Team Inc. (TSX:SPG), is a leading unbiased provider of close-to-end electrical contracting, functions and maintenance products and services, and energy sustainability remedies to the industrial, commercial, utility, and renewable asset markets in North The us. We get the job done to earn the right to be our customers’ Reliable Husband or wife in Power™. Our extremely expert and committed people, situated in the communities we serve, mixed with our awareness of the electric power marketplace, technological know-how abilities, and determination to security, makes sure we produce the correct alternatives that keep our customers’ operations up and functioning currently and greater geared up for tomorrow. Master far more atForward-Hunting Statements This information launch may perhaps incorporate ahead-wanting statements (inside the this means of relevant securities regulations) which reflect Spark Power’s existing expectations pertaining to potential gatherings. Ahead-on the lookout statements are recognized by words and phrases these types of as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other identical expressions.The ahead-looking statements in this information release, which incorporate statements by Messr. Jackson respecting organization options and advancement in the renewables sector and by Messr. Swan, with respect to lengthy-term potential clients for the renewables company and the Company’s United States growth. Various components could bring about real effects to differ materially from the success mentioned in the forward-wanting statements. Viewers, consequently, ought to not spot undue reliance on any these kinds of forward-seeking statements. Further, these forward-on the lookout statements are manufactured as of the day of this news release and, other than as expressly expected by applicable law, Spark Electrical power assumes no obligation to publicly update or revise any forward-looking statement, regardless of whether as a outcome of new information, long run functions or in any other case.

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