It was granted a New South Wales Retail License in March 2002 and became a National Electricity Market Code Participant in January 2004.

Andrew Randall was Jackgreen's only Managing Director and reigned over the company until he was removed by Greg Martin who over the next 6 months saw the placed into receivership by an attack from NSW retailers seeking to regain JGL customers via the courts.

He has served on many boards; both listed an unlisted and has over 20 years experience in the financial services, information technology and energy industries.

In 2000 this practice was merged with Obelisk Capital Pty Ltd. Peter Vines served as Non Executive Director, age 58 Chairman Audit Committee and Joined the Board on 5 October 2007.

Seconded in 1996 to the USA parent company, Pacificorp Inc, Mr. Smith delivered retail market contestable strategies in the western United States.

Jackgreen was served with a court application at the request of state government-owned Integral Energy Australia in December 2009 due to an alleged failure to pay an outstanding $808,983.