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."