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ScaleCo Announces Investment and Partnership with TPI Efficiency

November 3, 2022 ScaleCo Management LLC is pleased to announce its investment in, and partnership with, Total Procurement Intelligence (“TPI Efficiency”). This is ScaleCo’s 22nd platform investment and third investment from ScaleCo Fund IV. Headquartered in Cleveland, TPI Efficiency was founded in 2009 by Mr. Roger Zona. Zona has developed TPI Efficiency into a robust…

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Market Snapshot: Monday, October 31, 2022

Natural Gas Key Takeaways Prompt month NYMEX natural gas settled at $5.20/MMbtu on Monday, October 24, up $.24/MMbtu. After several very bearish sessions, near-month (November) NYMEX futures reversed direction on Monday, settling higher at the end of the day. Prompt-month NYMEX traded up $.16/MMbtu in early morning trading at $5.37/MMbtu. Calendar year 23-27 settled at…

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TPI Takeaway Market Snapshot: October 24, 2022

Ohio Electricity Rates More than Double By Summer Ohio FirstEnergy customers will see their electric bills rise starting next summer, as the Akron-based utility has purchased some of its electricity at more than twice the price it’s paying now. During the October 4th auction, FirstEnergy agreed to pay an average price of $122.30 per megawatt-hour for delivery…

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