APM gains first owner in western US
ACES Power Marketing (APM), a wholesale energy risk management and transaction execution service company, has gained its first owner-member in the western US, as it continues to expand its service base in California and the west.
Arizona Electric Power Cooperative (AEPCO), a customer-owned utility, became an owner of APM on December 31, 2006, joining APM's existing ownership base of 14 power supply co-operatives. APM owners have the ability to use the company's services at cost and have an option
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