Spark Power Corp. acquired New Electric Enterprises Inc. on December 31, 2016. New Electric will become a wholly owned subsidiary of Spark Power. New Electric will continue to operate under its brand name. Integrated Asset Management Corp. ("IAM") and its private corporate debt group, IAM Private Debt Group Announce Acquisition And Working Capital Financing For Spark Power Corp. Spark Power Corp. completed the acquisition of New Electric Enterprises Inc. on December 31, 2016.