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Liberty Power: Hispanic Business Magazine Honors Liberty Power as one of the Fastest–Growing Hispanic–Owned Companies in the United States
Liberty Power’s Rapid Sales Growth in Retail Electric Markets Nationwide
FORT LAUDERDALE, Fla. – September 29, 2009 – Liberty Power, one of the fastest–growing retail electric providers in the United States, today announced that it now ranks 7th overall on the “2009 Hispanic Business 100 Fastest–Growing Companies®” list. Celebrating its 26th year, the list is compiled annually by Hispanic Business magazine and ranks, by 5–year sales growth, the 100 fastest–growing Hispanic–owned companies in the United States. The rankings were officially released in the July/August 2009 issue of Hispanic Business.
While the list ranks companies according to percentage of revenue growth, and does not consider the companies’ sizes, Liberty Power is the largest in terms of gross revenue among the top 50. Liberty Power is also the highest–ranked energy company among the four energy companies that made this year´s list.
As the competitive retail electric industry matures, Liberty Power continues to make solid financial strides, increasing revenues more than 1125% between 2004 and 2008. This level of growth has allowed the company to maintain its top 10 position this year after earning the title of the #1 “Fastest–Growing Company” in 2007 and being ranked fourth in 2008. This honor marks only the second time in the history of the “Hispanic Business 100 Fastest–Growing Companies” list that a company previously ranked #1 maintained a top 10 position for two subsequent years.
“Liberty Power is honored to be recognized as the 7th fastest–growing Hispanic–owned company on this distinguished list. We are very proud of our strong and steady growth, which we attribute to our continued activities in established markets as well as expansion into new areas. Liberty Power will continue to move towards our goal of becoming a top 10 energy retailer as we provide our customers with both low–cost electricity and outstanding customer service,” said David Hernandez, CEO of Liberty Power.
Headquartered in Fort Lauderdale, Florida, Liberty Power is one of only four national retail electric providers licensed in 16 or more states and is the only minority–owned, retail electric provider with a national presence. Currently serving tens of thousands of customers in New York, Texas, Maryland, New Jersey, Pennsylvania, Maine, Massachusetts, Connecticut, Illinois, Delaware, Rhode Island, and the District of Columbia, Liberty Power provides businesses, government entities, and residential customers with low–cost, reliable electricity and outstanding customer service. National customers include JCPenney, Bausch & Lomb, and New York Life, among others.
Liberty Power is a registered trademark of Liberty Power Corp. LLC. Liberty Power Corp. — encompassing Liberty Power Maryland LLC, Liberty Power District of Columbia LLC, and LPT LLC dba LPT SP LLC — is certified and licensed by the Public Utilities/Service Commissions of: CA, CT, DC, DE, IL, ME, MD (IR793), MA (CS-057) MI, NJ (ESL-0001), NY, OH, PA, RI, TX (10118) and VA; and is licensed and certified by the Federal Energy Regulatory Commission.
Liberty Power® is a registered trademark of Liberty Power Corp. LLC
About Hispanic Business Media
For 30 years, Hispanic Business Media has been the authoritative source for the latest trends, research and reporting on the growth of the U.S. Hispanic consumer market and the Hispanic enterprise and professional sectors.
Hispanic Business Media properties provide innovative branding and targeted marketing solutions across multiple platforms:
Award–winning print editorial via Hispanic Business® Magazine, which provides readers in the United States and around the world with the most relevant and data–driven news on the U.S. Hispanic economy.
Fresh, real–time online content and interaction via HispanicBusiness.com®. The site specializes in b2b daily news, branded content from Hispanic Business magazine, original postings by hb.com writers and some user–generated content.
Unique data reports on the U.S. Hispanic sector developed by HispanTelligence®, the research arm of Hispanic Business Media.
HispanicBusiness®magazine, HispanicBusiness.com®and HispanTelligence®are registered trademarks of Hispanic Business Inc. 2009 Hispanic Business Inc. All rights reserved.