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Tango Energy Won Comprehensive Right of Retail in the State of Victoria
Source:Overseas Investment CompanyWriter:Date:19/01/2017

On December 21, authorized by Essential Services Commission of Victoria (ESCV), Tango Energy (previously named as Pacific Hydro Pty Ltd., PHPL) won the comprehensive right of retail in the State of Victoria. The authorization of right of retail contributes to the smooth implementation of business planning and the rapid growth of retail business of PHPL.

Tango Energy is the retail brand of PHPL, regarding SMEs as the main target customers and devoting itself to provision of clean, convenient and comprehensive energy services for customers.

Up to October 2016, the number of customer acquisition has accumulated to 2,068. Currently, Tango Energy has enjoyed a good momentum of development, realizing the sale targets of key energy and LGC (Large-scale Generation Certificate) in 2016 and 2017, realizing 30% of the sale targets of key energy and LGC in 2018, and fulfilling the business plan ratified by Board of Directors of PHPL in advance.

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