Argus Commodity Services, LLC. Changes Corporate Name to Teleios Commodities, LLC.
THE WOODLANDS, TX, February 9, 2018. Argus Commodity Services, LLC. (ACS), announced today that it is changing its corporate name to Teleios Commodities, LLC., effective immediately. The Greek word “Teleios,” means, “bring to completion,” or “fully formed,” and reflects the company’s primary commitment to building a holistic, comprehensive platform for energy commodity services and solutions.
ACS, now Teleios Commodities, was founded in November 2017 by industry veteran Brandon Schwertner. Since then, Teleios has added electricity congestion trading, risk advisory, commodity hedging and back office services to the company portfolio. “For Teleios, near-future investment interest areas include electricity congestion trading, energy advisory, and automating economic electricity consumption in the home,” says Schwertner, “In the longer term, Teleios investment themes continue to focus on businesses offering market-based solutions addressing trends and structural issues in the energy commodity space. The name, “Teleios Commodities,” captures the essence of the scope and spirit of our company.”
About Teleios Commodities
Teleios invests in and provides operational expertise within companies founded upon best-in-class leadership and transparency, enabling information and idea exchange to flow freely across the Teleios Ecosystem. One of the critical components of the Teleios platform is Acadia Energy Managers (“Acadia”), an electricity congestion trading shop in Boston. Acadia is led by veteran trader Andrew Hartshorn and features a team with deep experience in national and regional commodity markets.