CPV Retail Expands Operations into New York Market to Serve C&I Customers

Expansion supports customer choice and strengthens offerings for customers, building on existing presence in PJM

SUGAR LAND, Texas--(BUSINESS WIRE)--CPV Retail, an affiliate of Competitive Power Ventures (CPV), announced today the expansion of its retail energy operations into the New York Independent System Operator (NYISO) market. The growth enables CPV Retail to serve commercial and industrial (C&I) customers across New York, further strengthening customer choice in one of the nation’s most competitive and dynamic energy markets.

“This expansion marks a strategic step in CPV Retail’s growth in becoming a national retail energy provider. New York is a critical market for C&I customers seeking choice, flexibility, and experienced energy partners,” said Qadir Khan, President of CPV Retail. “Our team is well positioned to support customers in all the regions we serve as they navigate market volatility. Building on our success in PJM, beyond energy solutions, we have CPV’s own generating assets to offer, including Maryland’s largest solar project through CPV Backbone Solar, and in New York; CPV operates the most efficient combined-cycle plant in the state that we plan to offer in the future. We understand energy from all aspects, and we leverage that for our customers.”

Since launching in 2022, CPV Retail has grown to be a trusted partner to energy consultants and C&I customers alike through its operational expertise and tailored offerings.

As a gentailer, the company’s boutique-style approach provides competitive energy products and services to serve large-scale customers across a wide-range of industries including government entities, healthcare facilities, retail businesses, commercial real estate, universities, and manufacturing operations. In addition to serving New York, CPV Retail has a broad presence in PJM across Pennsylvania, New Jersey, Ohio, Washington, D.C., Maryland, Illinois, and Virginia.

About CPV Retail Energy LP:

CPV Retail, an affiliate of Competitive Power Ventures (CPV), is a provider of low carbon, reliable, and cost-effective energy solutions. As part of one of North America’s most innovative power generation development and asset management companies, CPV Retail leverages decades of expertise to help drive a responsible energy transition. Since launching in 2022, CPV Retail has been committed to addressing the unique needs of commercial and industrial clients by offering competitive pricing alongside sustainable, transparent solutions with a seamless transaction process. For more information: please visit www.cpvretail.com and follow CPV Retail on LinkedIn.

About CPV:

CPV Group LP, a partnership majority owned by OPC Energy Ltd., has over 25 years of unprecedented success in the development and operation of highly efficient and low emitting electric generation and renewable projects in the United States. CPV is focused on applying its development, financial, and project management expertise to advance the next generation of technologies. After bringing on 6.8 GW of natural gas, wind, and solar generation since 2010 and with a current pipeline of over 10 GW of renewable and dispatchable generation projects, including utility-scale carbon capture, CPV is well positioned to help drive the nation’s decarbonization goals forward. For more information: please visit www.cpv.com and follow CPV on LinkedIn.

About OPC Energy

OPC Energy Ltd. (OPCE:Tel Aviv) is an energy company leading the Energy Transition revolution in Israel and the United States and provides electricity in an efficient, reliable and environmentally friendly manner while combining solar energy, wind and natural gas with high efficiency. In Israel, OPC is the first and leading private electricity producer, offering its customers an integrated energy solution that includes the supply of all energy needs through the company’s production sites and in the customer’s yard using natural gas and solar energy. In the U.S., the company operates through the CPV Group, which supplies electricity using efficient natural gas and wind energy, and also builds and develops Powerhouse using natural gas, natural gas with reduced emissions, as well as solar and wind energy. For more information: please visit www.opc-energy.com/en