Oriel Energy, Inc. (ORIE)

Oriel Energy was planning to go public, but the IPO has been withdrawn.
Stock Price: Pending
IPO price not available yet

Company Description

Oriel is currently an indirect subsidiary of Genie Energy Ltd. (“Genie”) Prior to the offering, Oriel will become a direct subsidiary of Genie Energy Ltd. (which will hold approximately 99.5% of the outstanding equity of Oriel), and simultaneous with the offering, Genie will spin-off Oriel to Genie’s stockholders and distribute its entire interest in Oriel to Genie’s stockholders.

Oriel’s business will consist of supplying electricity and natural gas to residential and small business customers in certain countries in Europe. Oriel’s retail energy provider businesses operate under several brand names including Lumo Energia, and Orbit Energy (United Kingdom).

Lumo Finland and Lumo Sweden resell electricity, while Orbit Energy supplies both electricity and natural gas.

Oriel Energy, Inc.
Country United States
Industry Electric Utilities
Sector Utilities
Employees 51
CEO Michael Stein

Contact Details

520 Broad St.
Newark, NJ 07102
United States
Phone 973-438-3500

Stock Details

Ticker Symbol ORIE
Reporting Currency US Dollars
CIK Code 1883108

Key Executives

Name Position
Michael Stein Chief Executive Officer and Director
Avi Goldin Chief Financial Officer and Director
Howard S. Jonas Vice Chairman of the Board of the Directors

Latest SEC Filings

Date Type Title
Oct 14, 2021 RW Registration Withdrawal Request
Sep 20, 2021 S-1 General form for registration of securities under the Securities Act of 1933