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Key points
•100% recurring revenue from multi-year contracts with large commercial clients ($5M–$100M annual utility spend).
•Serves market with few competitors and high barriers to entry.
•Business model focuses on energy service provision to commercial sector.
Business description
Over thirty years of recurring revenue from multi-location commercial clients who never take their utility bill payment back in-house, with an exclusive payment processor partnership generating credit card rebates on every transaction.