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Lights out for another online energy exchange. (News).(Altra Energy Technologies to close operations)(Brief Article)
HOUSTON--Altra Energy Technologies, an online marketplace for natural gas, electricity, and other energy products, sold one of its last remaining business units to Chem-Connect and planned to shut down its operations completely, the company announced.
Launched in 1996 as one of the first Internet start-ups to focus on business-to-business e-commerce, the company couldn't compete with newer rivals, said Paul Bourke, CEO of Altra.
With the rise of competitors such as IntercontinentalExchange, TradeSpark, ...
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