GNE Profile
Genie Energy Ltd., headquartered in Newark, New Jersey, operates as a diversified energy company with a global footprint spanning the United States, Finland, Sweden, Japan, and other international markets. Established in 2011, the company serves both residential and small business customers through its subsidiaries, offering electricity and natural gas supply solutions tailored to meet varying energy needs.
The company operates through three primary segments: Genie Retail Energy (GRE), GRE International, and Genie Renewables. Under the Genie Retail Energy segment, it provides direct energy supply services to customers in the United States, leveraging competitive pricing and customer-focused initiatives. GRE International extends these services across its global markets, adapting its offerings to local regulatory frameworks and consumer preferences.
In addition to its energy supply operations, Genie Energy engages in energy advisory and brokerage services, offering strategic guidance and procurement solutions to optimize energy costs and consumption efficiency for its clients. The company also plays a role in the renewable energy sector through Genie Renewables, involved in solar panel manufacturing, distribution, solar installation design, and project management activities aimed at promoting sustainable energy solutions.
Looking forward, Genie Energy Ltd. remains committed to expanding its market presence and enhancing its service offerings across diverse geographical regions. By integrating innovation and sustainability into its business strategy, the company continues to explore opportunities in renewable energy initiatives while maintaining its core focus on delivering reliable and cost-effective energy solutions to residential and commercial customers worldwide.
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