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Liberty Power: Hispanic Business Magazine Honors Liberty Power®as the Fastest Growing Hispanic–Owned Company in the United States
Liberty Power’s Rapid Sales Growth in Electric Retail Markets Nationwide
FORT LAUDERDALE, Fla.– July 25, 2007 – Liberty Power, the fastest growing, independent energy retailer focused on business consumers, today announced it has been named the number one company on the 2007 Hispanic Business 100 Fastest–Growing Companies® list, compiled annually by Hispanic Business Magazine. The top honor marks Liberty Power’s debut on the Top 100 Fastest Growing List, which ranks Hispanic companies on growth percentage over the last five years. Liberty Power took the top ranking by growing sales at a compounded rate of almost 250 percent a year since 2002 and the company’s workforce grew from six to now more than 80 people.
The ranking highlights Liberty Power’s rapid growth through 2006, which was driven by a focus on the customer, as well as delivering products and services traditionally reserved for only the largest customers to small– and medium–sized businesses. The company also saw rapid expansion into four new markets. With 11 new states licensed in 2007, the company is now positioned to continue its growth, by providing cost–efficient electricity to commercial enterprises in 15 of the 21 deregulated markets.
“Liberty Power is honored to be recognized as the fastest growing company on this distinguished list. We appreciate the trust that more and more customers place in us every day and view our growth as a result of that trust.” said David Hernandez, CEO of Liberty Power. “The employees at Liberty Power continue to be our greatest strength. Our team is committed to our business plan, our corporate culture and our drive to provide unparalleled customer service and affordable energy. Our presence in 15 different markets has fueled our recent growth and we expect to be a billion–dollar company within the next couple of years.”
Liberty Power claims the title of fastest growing Hispanic business in a very productive 2007 for Hispanic businesses. Click here to learn more about the 2007 Fastest–Growing 100 Companies list by Hispanic Business.
About Liberty Power:
Liberty Power is the fastest growing, independent energy retailer in the United States, providing large and small businesses, as well as residential customers, with affordable electricity and outstanding customer service.
Headquartered in Fort Lauderdale, Florida, Liberty Power, the only national, minority–owned energy provider, services tens of thousands of customers in New York, Texas, Maryland, New Jersey, Massachusetts, Connecticut, Illinois, Delaware and Washington, D.C. The company is additionally licensed to sell power in Maine, Ohio, Rhode Island, Virginia, Michigan and California. National customers include JC Penney, Linens ‘n Things, and New York Life.
Liberty Power is a registered trademark of Liberty Power Corp. LLC. Liberty Power Corp. – encompassing Liberty Power Holdings LLC, 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.
© Copyright 2007 Liberty Power Corporation. All Rights Reserved. Liberty Power is a registered trademark of Liberty Power Corporation.
About Hispanic Business®
For more than a quarter of a century, Hispanic Business Media has been the source for the latest trends, research and reporting that drive growth for Hispanic–owned companies. Hispanic Business magazine, our award–winning publication, and HispanicBusiness.com, provide readers in the United States and around the world with the most relevant and data–driven news on the U.S. Hispanic marketplace. Hispanic Business Media properties include Hispanic Business magazine, HispanicBusiness.com, Hispanic Business Events – including Hispanic Business magazine EOY®Awards, Woman of the Year (WOY) Awards – as well as HireDiversity.com®. HispanTelligence® is the research division of the company.
Hispanic Business magazine and HispanTelligence are registered trademarks of Hispanic Business Inc. 2007 Hispanic Business Inc. All Rights Reserved.
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