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Is Enron Transforming Into a Real Texas Retail Electricity Provider?

HGP Storage is a (real) Texas company providing distributed battery-based, utility-scale energy storage systems. Founded in 2013, it has "successfully developed over 20+ sites and closed over 200 MW of distributed energy projects," according to its web site. And they just teamed up with Enron, re...

Founded in 2013, it has "successfully developed over 20+ sites and closed over 200 MW of distributed energy projects," according to its web site.And they just teamed up with Enron, reports the Houston Chronicle: The company that took over the defunct Enron brand, led by a "Birds Aren't Real" cofounder [28-year-old Connor Gaydos], held a mostly satirical quarterly earnings call Thursday afternoon but gave updates to an application to become a legitimate Texas energy provider... DJ Withee, chief operating officer and legal counsel at HGP Storage, a company developing utility-scale battery storage farms, was introduced as Enron's vice president of energy service. Lower costs means greater savings that we can pass back to our customers...." According to Withee, Enron's goal is to provide energy at a competitive lower cost that will not only make energy more accessible but also push other Texas retail companies to drop their own prices... "Forero, who signed his name to three sworn affidavits attesting to the accuracy of the application, could risk perjury charges if the statements of intention to start a legitimate retail electric company are found to be false, according to the Texas Penal Code..."

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