Symmetry Energy Solutions: Company Profile

Background

Overview

Symmetry Energy Solutions is a premier retail natural gas supply, logistics, and asset management company, delivering nearly 1 trillion cubic feet of natural gas annually to approximately 5,500 large commercial and industrial customers across 34 states in the United States.

Mission and Vision

Symmetry's mission is to be a trusted partner delivering reliable and innovative natural gas solutions. The company aims to provide natural gas that customers can rely on, work collaboratively with clients to meet their energy needs, and offer customizable energy products tailored to individual requirements.

Primary Area of Focus

Symmetry specializes in natural gas supply, logistics, and asset management services, catering to a diverse clientele that includes large commercial and industrial businesses, small businesses, and residential customers.

Industry Significance

With over 25 years of experience, Symmetry has established itself as a significant player in the U.S. natural gas market, managing over 180 Asset Management Agreements (AMAs), more than 200 natural gas storage positions, and over 770 transport agreements.

Key Strategic Focus

Core Objectives

• Reliable Supply: Ensure a consistent and dependable natural gas supply to meet customer demands.

• Customer-Centric Solutions: Provide tailored energy strategies that align with individual customer needs and budgets.

• Operational Excellence: Maintain high standards in logistics and asset management to optimize service delivery.

Specific Areas of Specialization

• Natural Gas Supply: Procurement and delivery of natural gas to various customer segments.

• Logistics and Asset Management: Management of transport agreements, storage positions, and asset optimization.

• Energy Solutions: Offering fixed and index pricing, renewable and responsibly-sourced gas options, and online customer portals.

Key Technologies Utilized

• Asset Management Systems: Tools for managing AMAs, storage positions, and transport agreements.

• Customer Relationship Management (CRM) Software: Platforms to manage customer interactions and service delivery.

• Data Analytics: Utilized for load forecasting, market analysis, and operational optimization.

Primary Markets Targeted

• Commercial and Industrial: Large-scale businesses requiring substantial natural gas supplies.

• Small Businesses: Enterprises with smaller natural gas consumption needs.

• Residential Customers: Households seeking reliable and cost-effective natural gas solutions.

Financials and Funding

Funding History

Symmetry Energy Solutions has been privately held, with significant investments from Energy Capital Partners (ECP), a leading private equity firm focused on energy transition and environmental infrastructure investments.

Recent Funding Rounds

In December 2025, NextEra Energy Resources, LLC announced an agreement to acquire Symmetry Energy Solutions from ECP, aiming to enhance its natural gas capabilities.

Notable Investors

• Energy Capital Partners (ECP): Provided substantial investment and strategic guidance to Symmetry.

• NextEra Energy Resources, LLC: Set to acquire Symmetry, indicating strong investor interest and confidence.

Intended Utilization of Capital

The capital from these investments and the forthcoming acquisition is expected to be utilized for:

• Expansion of Service Capabilities: Enhancing logistics, asset management, and customer service operations.

• Technological Advancements: Investing in advanced technologies for supply chain optimization and customer engagement.

• Market Expansion: Extending service offerings to new regions and customer segments.

Pipeline Development

Key Pipeline Candidates

Symmetry's pipeline development focuses on:

• Asset Management Agreements (AMAs): Over 180 AMAs under management.

• Storage Positions: More than 200 natural gas storage positions.

• Transport Agreements: Over 770 transport agreements.

Stages of Development

These assets are in various stages of development, from initial planning to active management, ensuring a robust and flexible supply chain.

Target Conditions

The pipelines are designed to meet the natural gas supply needs of large commercial and industrial customers, small businesses, and residential clients across 34 states.

Anticipated Milestones

• Operational Expansion: Increasing the number of AMAs, storage positions, and transport agreements.

• Service Area Growth: Extending operations to additional states and regions.

• Technological Integration: Implementing advanced technologies for pipeline monitoring and optimization.

Technological Platform and Innovation

Proprietary Technologies

• Supply Chain Management Systems: Custom-developed platforms for managing natural gas procurement, storage, and distribution.

• Customer Engagement Tools: Online portals and mobile applications for customer account management and service requests.

Significant Scientific Methods

• Load Forecasting Models: Utilizing historical data and predictive analytics to forecast natural gas demand.

• Market Analysis Algorithms: Employing data analytics to assess market trends and inform pricing strategies.

Leadership Team

Executive Profiles

• Alan Dunlea – President & CEO: With over 25 years in the energy industry, Alan has held executive roles at ECP portfolio companies and led sustainable business platforms recognized for customer service and financial performance.

• John Williamson – Executive Vice President & CFO: John brings over 25 years of financial leadership in the energy sector, having held CFO positions at APG&E and Direct Energy, and is a CPA in Pennsylvania and a Chartered Accountant in Canada.

• Donna Poresky – SVP, Corporate Affairs: With over 25 years of experience, Donna leads Human Resources and Marketing, guiding the company’s sustainability initiatives and holding a Juris Doctorate from the University of Connecticut School of Law.

• Stacy Williams – SVP, General Counsel: Stacy has over three decades of energy-focused legal experience, including executive roles at T.C. Energy and Columbia Pipeline Group, and holds a Juris Doctorate from the University of Houston.

• Brian Harrison – SVP, Sales and Origination: With over 20 years in strategic operations and sales within energy and financial services, Brian has held leadership roles at Intercontinental Exchange and Constellation Energy, and holds a BS in chemical engineering from MIT.

• Jas Bertovic – SVP, Supply, Asset Management, and Optimization: Jas has over 25 years leading commercial and strategic roles in natural gas and electricity, with experience at TC Energy, and holds a Bachelor of Engineering in Aerospace from Carleton University and a MSc in Investment Management from Boston University.

Leadership Changes

As of December 2025, NextEra Energy Resources, LLC announced an agreement to acquire Symmetry Energy Solutions from Energy Capital Partners, aiming to enhance its natural gas capabilities.

Competitor Profile

Market Insights and Dynamics

The U.S. natural gas market is characterized by a diverse range of suppliers, including large utilities and specialized retail companies. The market is influenced by factors such as regulatory changes, technological advancements, and shifts in energy demand.

Competitor Analysis

• Green Power International: An engineering, procurement, and construction company specializing in renewable energy projects.

• HAL Offshore: Provides underwater services and EPC services to the oil and gas industry.

• SEF Energy: Offers oilfield manufacturing assets.

• CSV Midstream Solutions: Provides midstream solutions for natural gas and natural gas liquids processing.

Strategic Collaborations and Partnerships

Symmetry's partnership with Energy Capital Partners has been instrumental in its growth and operational efficiency. The forthcoming acquisition by NextEra Energy Resources is expected to further strengthen Symmetry's market position and expand its service offerings.

Operational Insights

Symmetry's extensive network of Asset Management Agreements, storage positions, and transport agreements positions it advantageously within the natural gas sector to meet evolving customer needs.