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Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.

Iberdrola SA, operating under the ticker IBE, is a multinational electric utility company primarily engaged in the production, distribution, and trading of electricity. The company operates across various sectors including renewable energy, networks, and liberalized markets, focusing on sustainable energy projects. Founded in 1992 and headquartered in Bilbao, Spain, Iberdrola has grown to be a leader in renewable energy, advocating for cleaner energy solutions worldwide.