Energenic is a joint business venture between long-term business partners Marina Energy, a subsidiary of South Jersey Industries, and DCO Energy.
The Hartford Steam Company has heated and cooled some of Hartford’s most prominent addresses - from the State Supreme Court to Traveler’s Tower to Hartford Hospital - since 1962. Hartford Steam now has two district energy systems that serve more than 60 buildings in the downtown and South End areas of Hartford.
Frank DiCola, Energenic’s chief executive officer, said: “The Energy Network and Hartford Steam Company are well maintained high quality assets. This acquisition was very attractive to Energenic as it produces long-term, annuity like income and cash streams derived from a broad portfolio of customers.
Energenic to acquire Energy Network
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