World Fuel Services launches Kinect Energy Group to provide energy expertise throughout Europe and the Americas
Expands energy management and consultancy services globally
World Fuel Services Corporation (NYSE: INT), today announced the formation of Kinect Energy Group to provide energy management and sustainability services to customers worldwide. Built from U.S. Energy, KTM, Inc., and Beach Front Energy in the United States and Bergen Energi and Utilities Exchange in Europe, the group provides diverse organizations trusted partnership to manage complex energy challenges on a local and global scale.
Kinect Energy Group delivers energy management and consultancy services to commercial, industrial, municipal, and institutional customers. With a multinational team of experts and proprietary technology, Kinect Energy Group provides customers with access to a worldwide energy network, as well as comprehensive procurement and risk management services to reduce energy spend and increase predictability. They also provide end-to-end sustainability services to meet carbon footprint goals.
“Kinect Energy Group reflects our commitment to sustainable energy solutions,” said Michael Crosby, EVP of the Global Land segment at World Fuel Services Corporation. “We are proud to provide energy management expertise to diverse organizations and assist in managing complex energy challenges on a local and global scale.”
“We are committed to solving energy challenges,” said Todd Overgard, SVP of Kinect Energy Group. “Kinect Energy Group allows us to deliver on our customers’ energy vision for their operations.”
About Kinect Energy Group
Kinect Energy Group presently provides services in more than 20 countries at a wide range of customer locations. Expert advisors offer a deep understanding of global energy markets balanced with on-the-ground knowledge of local market dynamics. This unique combination provides customers with the tools to be more efficient with secure, reliable energy supply, more predictable costs, enhanced sustainability, access to spot markets, and easy-to-understand, actionable energy data.
For more information about Kinect Energy Group, please visit kinectenergy.com.
About World Fuel Services Corporation
Headquartered in Miami, Florida, World Fuel Services is a global fuel logistics, transaction management and payment processing company, principally engaged in the distribution of fuel and related products and services in the aviation, marine and land commercial, industrial and transportation industries. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.
For more information, call Randy Fairbank, VP of Marketing & Sales at World Fuel Services Corporation (Tel: +1 305.351.4651).