Origin Merchant Securities Inc. assisted Pure Energies Group (“Pure”) in securing US$5.7 million in a combination of bridge equity and debt financing in advance of its successful transaction with NRG Energy, Inc. (“NRG”).
Origin Merchant Securities Inc. arranged the financing to support the growth of Pure during their strategic review process and through the closing of their sale transaction to NRG.
Pure Energies Group (“Pure”) is a leading energy advisor in Canada and the United States. Pure helps homeowners save money on their electricity bills while helping them invest in a more sustainable lifestyle. Pure is committed to being the most trusted energy advisor to homeowners by facilitating the adoption of solar energy and home conservation products across North America for the benefit of communities and future generations. With locations in Toronto, Mississauga and San Francisco, Pure is proudly representing North America in the rapidly expanding international solar, LED and EV market, as a top energy company. Pure completes the residential solar capabilities that NRG, a Fortune 250 company, has been working to assemble.
Origin Merchant Securities Inc. (“OMSI”) is a wholly-owned affiliate of Origin Merchant Partners. OMSI is an exempt market dealer that will agent private placements of debt and equity securities to finance the acquisition capital, growth capital or recapitalization needs of our clients.