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East Coast Power & Gas, an energyservices company (ESCO) founded in 2008, serving natural gas, electricity and renewable sources of energy to both residential and commercial customers in New York State, announced today that it has purchased the BluCo Energy customer book, a competing ESCO, from Vantage Commodities. The book contains customer contracts for both electricity and natural gas supply in New York State.
By STACY COWLEY | New York Times
Entrepreneurs raising money through crowdfunding campaigns have typically rewarded their backers with early access to products and with tchotchkes like T-shirts and coffee mugs. But under new rules adopted Friday by the SEC, they will be able to offer a prize that could be more lucrative: an equity stake in their business.