World Energy Solutions, Inc. (XWES): World Energy Solutions, Inc. (World Ener...

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Tuesday, 02/14/2012 2:00:08 AM

Tuesday, February 14, 2012 2:00:08 AM

World Energy Solutions, Inc. (World Energy) is an energy management services company. The Company has developed three online auction platforms, the World Energy Exchange, the World Green Exchange and the World DR Exchange. On the World Energy Exchange, retail energy consumers (commercial, industrial and governmental) and wholesale energy participants (utilities, electricity retailers, and intermediaries) in North America (listers) are able to negotiate for the purchase or sale of electricity, natural gas and renewable energy resources from competing energy suppliers (bidders), which have agreed to participate on its auction platform. In September 2011, it acquired the energy procurement business of Co-eXprise, Inc. In October 2011, the Company purchased Northeast Energy Solutions, LLC (NES).

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