Press release from Business Wire
Crius Energy Inks New Agreement with Cincinnati Bell; Extends Successful Marketing Relationship
<p class='bwalignc'> <i><b>Three Year Marketing Contract Brings Together Cincinnati Bell's Customer Base and Crius Energy's Superior Natural Gas and Green Energy Offerings</b></i> </p>
Wednesday, May 01, 2013
Crius Energy Inks New Agreement with Cincinnati Bell; Extends Successful Marketing Relationship09:05 EDT Wednesday, May 01, 2013
STAMFORD, Conn. (Business Wire) -- Crius Energy, parent company to leading retail energy providers nationwide, today announced it has renewed its agreement with Cincinnati Bell to continue marketing clean burning natural gas and green energy through Cincinnati Bell Energy (CBE). Effective earlier this month, the three year extension demonstrates Crius Energy's continued leadership in telecom and energy provider partnerships.
“The renewal of the relationship signifies the trust and confidence Cincinnati Bell places in Crius Energy to deliver the highest quality products and services to its customers through CBE,” said Michael Fallquist, CEO of Crius Energy. “As the first of Crius' telecom partnerships, Cincinnati Bell's ongoing excitement and interest in engagement represents a key milestone showing the sustainability of this business model and this channel. We are pleased to continue to work with a partner of Cincinnati Bell's caliber and expect this will continue to represent a growing segment of the Crius business.”
In June of 2011, Crius pioneered this business model, launching green electricity offerings through Cincinnati Bell's inbound call center. The marketing relationship has progressed to include natural gas as well as green electricity options offered through Cincinnati Bell's call center as well as its retail stores.
“Crius Energy, through CBE, has been an effective partnership for Cincinnati Bell as we strive to offer unique, quality products for our customers,” said Darrick Zucco, Vice President & General Manager, Cincinnati Bell. “CBE has provided a new channel for growth for Cincinnati Bell, allowing us to add another venue to differentiate our offerings from our competition. The commitment of another three years exhibits the importance of energy as part of our core customer offering. We are proud to continue this association.”
Crius Energy first created these types of associations with Cincinnati Bell, rapidly developing the channel by signing partnerships with telecom giants Frontier Communications and FairPoint Communications. For more information, please visit us at www.criusenergy.com.
About Crius Energy LLC
Crius Energy, LLC is one of the largest independent energy retailers operating in the United States, with approximately 515,000 residential customer equivalents. The Company serves residential and small to medium-size commercial customers in the United States and markets its products through a variety of sales channels and brand names. The Company currently sells electricity in 12 states and the District of Columbia and natural gas in four states.
About Cincinnati Bell Energy
Cincinnati Bell Energy is a local provider of affordable retail energy. The company provides electricity generated by 100 percent wind power as well as natural gas to customers in southwestern Ohio. Cincinnati Bell Energy is a subsidiary of Crius Energy LLC and the company uses the Cincinnati Bell Energy name under a license agreement with Cincinnati Bell, Inc. For more information, visit www.cincinnatibellenergy.com
About Cincinnati Bell
With headquarters in Cincinnati, Ohio, Cincinnati Bell (NYSE: CBB) provides integrated communications solutions - including local and long distance voice, data, high-speed internet, entertainment and wireless services - that keep residential and business customers in Greater Cincinnati and Dayton connected with each other and with the world. In addition, enterprise customers across the United States rely on Cincinnati Bell for efficient, scalable office communications systems and end-to-end IT solutions. Cincinnati Bell also is the majority owner of CyrusOne (NASDAQ: CONE), which provides best-in-class data center colocation services to enterprise customers through its facilities with fully redundant power and cooling solutions that are currently located in the Midwest, Texas, Arizona, London and Singapore. For more information, please visit www.cincinnatibell.com.
Coltrin & Associates, for Crius Energy
Jennifer Webb, 212-221-1616