April 1, 2015

Growth opportunity for Chicago based retail electricity supplier

Chicago, IL – MC Squared Energy Services, LLC (mc²) announced today it has been acquired by Chicago-based Wolverine Holdings (Wolverine). mc² markets electricity to residential and business customers in Illinois. Terms of the transaction were not disclosed.

Wolverine, along with the company’s principals, was an initial equity investor in mc² prior to the sale of the company to DPL Energy Resources in early 2011.

The transaction includes over 125,000 customer accounts. mc² currently provides retail electricity supply as a licensed retail electricity supplier in Illinois. Two of the founding principals of mc² will remain prospectively, Chuck Sutton as president and John Clark as chief financial officer. Customers will see no changes with respect to electricity supply services, billing or customer care as a result of the transaction.

"We are excited to reunite with Wolverine, which will provide us with a significant opportunity to expand our business model in Illinois. Wolverine is a strong financial company with unique skills in energy commodities," said Chuck Sutton, president of mc². "We look forward to leveraging our exceptional customer service and developing new products in a rapidly changing marketplace."

mc² currently provides electricity supply products and services to over 125,000 residential & business accounts in the ComEd service territory in Northern Illinois. mc² is uniquely positioned to offer customers a full range of reliable electricity supply products, including green renewable energy.

For more information on mc², phone (877) mc2-POWR or visit

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