January 18, 2018 – Norman, OK – PCI is pleased to announce further growth of its international presence with the launch of a new subsidiary called ‘Power Costs International.’ The new entity has been established specifically to serve the rapidly growing PCI client base in Mexico and will be the foundation for future PCI operations in Latin America.
Power Costs International will provide local support for more than a dozen PCI clients and will also offer employment opportunities for talented energy and IT industry professionals to join the company’s expanding team in Mexico. With more than 25-years of industry experience and market leadership in North America, PCI plans to further extend its long-term commitment to Mexico, recognizing the importance of the region to its overall business success.
PCI provides a comprehensive energy software platform for participating in Power and Gas Markets. In Mexico, PCI solutions are utilized by various types of market participants including Generation and Trading entities as well as by Qualified Suppliers to optimize their portfolios. PCI’s client base includes a wide range of energy industry players from large to small utilities as well as marketing, supply and trading firms in all North American markets.
“Right from the early stages of the energy reform in Mexico, PCI has been working with its clients to share experience and industry best practices from previous structured market evolutions in the U.S.,” said Dr. Fred N. Lee, President and CEO of PCI. “Mexico was a natural extension for us. With our in-depth industry experience, diverse workforce and (now) local operations, PCI is set to extend its leadership by serving its clients and providing best-in-class software solutions for years to come.”
