Aquilon's Energy Settlement Network™
The Industry’s unique, automated, and collaborative service for settlement of wholesale energy transactions
Settle with all of your counterparties
ESN™’s Unique Automation and Network
ESN™ automates your company’s cash flow settlement operations resulting in reduced cost, risk and enhanced
compliance and control
ESN™ Settles Multiple Commodities
with your Counterparties
ESN™ automates settlement for Power, Natural Gas, and Crude Oil, as well as, settlement with ISOs and Pipelines
Today, the energy industry is a vast network of diverse market participants producing, transporting and trading energy. Each energy company is challenged to manage cash flow across multiple commodities, assets, and regions.
The industry settles billions of dollars of wholesale energy transactions using emails, spreadsheets, faxes, and phone calls. These tools and processes are used by thousands of settlement departments each one working to meet tight cash flow deadlines.
Working with key industry participants, Aquilon has built the Energy Settlement Network™ (ESN™) to automate energy settlements using a collaborative, cloud-based platform.
Learn more about the Energy Settlement Network™
“With the Energy Settlement Network, Aquilon has increased automation in the settlement process, additionally, as members of the network, we will now be able to access the data and information we need in one place.”
- Owen West,
Head of US Natural Gas and Power Trading at Goldman Sachs
"Aquilon's technology integration approach allowed us to quickly integrate our ETRM system to ESN."
- Roy Goodman,
Senior Director, IT – Solutions
"Dynegy uses ESN to automatically and collaboratively settle Power with our trade counterparties increasing efficiencies and reducing risk. Working with Aquilon we launched ESN Power in less than ninety days."
- Clint Walden,
Chief Accounting Officer
"“Automating the energy settlement process helps reduce trading costs and ensures an audit trail. Invenergy is proud to help grow Aquilon's Energy Settlement Network and create a high quality, secure standard for the industry.”
SVP New Ventures & Corporate Affairs
- Amy Francetic,
Aquilon Featured News
Aquilon Energy Services opens new office in Houston
Office in Esperson building will support firm’s continued expansion in the city
LISLE, IL — Oct. 10, 2017 — Aquilon Energy Services recently opened a new, expanded office in the Esperson building in downtown Houston to support its ongoing growth in the city. Aquilon is the developer of the Energy Settlement Network®, the first collaborative, cloud-based platform to automate wholesale energy settlements.
Midwest Energy News
October 2017 - A Chicago-area startup is garnering the attention of major industry players with a cloud-based platform for settling energy trades in the decentralized, digital 21st century.
Aquilon Energy Services, based in Lisle, Illinois, has developed an Energy Settlement Network that leverages the power of web-based communication technology and big-data analytics to make it easier for energy companies and other firms to trade commodities like power, oil and natural gas.
August 14, 2017 - Fintech revolution coming to settlement
Companies need efficient settlement operations to ensure accuracy and maintain cash flow
Energy Risk names Aquilon’s Energy Settlement Network “Innovation of the Year”
ESN recognized for being the first collaborative, cloud-based network for energy settlements
LISLE, Ill. — May 10, 2017 — Aquilon Energy Services’ Energy Settlement Network™ was named the
Innovation of the Year at the 2017 Energy Risk Awards Tuesday in Houston. As the first collaborative,
cloud-based platform to automate wholesale energy settlements, the ESN™ enables buyers and sellers
to easily identify exceptions and settle physical and financial energy transactions with their counterparties.
Read Press Release
FINANCIAL SERVICES ADVISORY AND COMPLIANCE
Imagine a World Without Energy Settlement Risk
Thomas J McNulty, CQF, FRM
The global energy market is worth about $6 trillion today, and has both financial and physical aspects to it. The supply chains are vast, complicated, and risky. Because of this complexity, and legacy delivery, settlement, and contract conventions dating back to the 19th century, administrative and back-office costs are high. So are the costs of settlement risk, but thanks to innovative new technologies and services, the day is fast approaching when settlement risk will be a distant memory.
Aquilon Energy Services raises $19 million during Series B financing round
Citi, Goldman Sachs, Invenergy and Macquarie Group invest in Chicago-area developer of first collaborative, cloud-based energy settlement network
LISLE, Ill. — Feb. 1, 2017 — Aquilon Energy Services Inc., developer of the first collaborative cloud-based platform that enables buyers and sellers to automatically settle both physical and financial energy transactions, has raised $19 million during a Series B financing round. The Series B financing round includes investments from Citi, Goldman Sachs Principal Strategic Investments, Invenergy and Macquarie Group – and all four companies committed to use Aquilon’s Energy Settlement Network (ESN™). Lake Bridge Capital also continues to serve as a key investor in Aquilon.
1001 Warrenville Road, Suite 255
Lisle, Illinois 60532
Energy Settlement Network
Aquilon Energy Services, Inc.
ESN™ settles wholesale energy commodities with all your counterparties on an industry standard platform.
Perform your ISO settlements and reconciliation with all your ISOs
808 Travis Street, Suite 400
Houston, Texas 77002
The industry standard platform built with input from Aquilon's Energy Industry Advisors.