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Pinnacle Asset Management-Backed Six One Commodities Announces The Acquisition Of Vega Energy Partners And WGL Midstream


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NEW YORK, April 23, 2021 /PRNewswire/  Six One Commodities Global LLC ( 61C Global ), a natural gas and power merchant backed by Pinnacle Asset Management, L.P. ( Pinnacle ), today announced the acquisitions of Vega Energy Partners, Ltd. ( VEP ) and WGL Midstream, Inc. ( WGLM ).
VEP is a Houston, TX-based energy merchant that, in addition to managing the assets of WGLM, holds asset management agreements and has a strong team moving to 61C Global s platform as part of the transaction. WGLM is a wholesale energy solutions business that invests in and optimizes natural gas pipelines and storage facilities in the Midwest and Eastern United States. ....

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