DENVER, Colo. , March 16, 2022 (GLOBE NEWSWIRE) — For the second time this month, Guzman Energy has received award recognition from a top business publication. The company was recently ranked on the third annual Inc. 5000 Regionals Rocky Mountain list of the fastest-growing private companies in the region with a two-year revenue growth rate of 257%. Earlier this month, Guzman Energy appeared on Fast Company’s World’s Most Innovative Companies list for 2022.
The companies featured on the Inc. 5000 Regionals Rocky Mountain list are based in Colorado, Idaho, Montana, Nevada, Utah, and Wyoming, and had an average growth rate of 252% percent. In 2020 alone, they added 4,176 jobs and nearly $1 billion to the Rocky Mountain region’s economy.
Fast Company’s World’s Most Innovative Companies list recognizes those organizations that are creating the future today with some of the most inspiring accomplishments of the 21st century. Other organizations on the list include Microsoft and SpaceX.
“Guzman Energy set out to be a mobilizer of change for energy transition, and we pioneered the concept of helping communities, largely rural, who have not historically been participants in the new opportunities that have come with energy transition,” said Christopher M. Riley, CEO of Guzman Energy. “While our positive impact on customers’ communities is what we are most proud of, this recognition from Inc. and Fast Company bolsters our position that there is no better time for the solutions we offer.”
By bringing reliable, highly renewable power generation projects to local communities, Guzman Energy provides new economic opportunities spanning construction and maintenance jobs, new tax dollars, and revenue streams from new services such as electric vehicle infrastructure.
For example, Kit Carson Electric Cooperative (KCEC) in New Mexico partnered with Guzman Energy in 2016 and set a goal to become 100% daytime solar powered. KCEC expects to meet that goal in 2022 and has since developed 41MW of local solar power supported by 15MW of battery storage. Electric vehicle charging, new local jobs and new tax revenue are a few of the many benefits of transforming KCEC into one of the cleanest power cooperatives in the country.
Complete results of the Inc. 5000 Regionals Rocky Mountain, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/rocky-mountain.
About Guzman Energy
Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. We partner with cooperatives, municipalities, companies, and tribes across North America to customize energy portfolios that make economic and environmental sense for today and tomorrow. Together, we are lighting the way forward.
More about Inc. and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.