Stream Energy named a finalist for Platts Global Rising Star Award
09-29-2010 – Stream Energy, the most enduring direct seller of energy in America, announced today that it has been designated as a finalist in the Rising Star category of the celebrated Platts Global Energy Awards.
It is an honor to be recognized for the fourth year as an emerging industry leader in the global energy marketplace, said Stream Energy Chairman Rob Snyder. This is the firm’s last year of eligibility for the Rising Star category.
According to Platts, “Over the past eleven years, our goal has been to honor and recognize those that have transcended the status quo in the name of excellence in leadership, innovation and performance.” Criteria include the company’s financial performance, operational excellence, safety and security, and peer recognition.
This recent distinction is further evidence of the success and innovation of the business model utilized by the Dallas, Texas-based retail energy provider and its marketing arm, Ignite. Stream Energy and Ignite are approaching $900 million in annual revenue after five years in business, a 1000% growth curve. The company markets electric energy service in Texas and natural gas service in Georgia using a person-to-person marketing style that has shared the company’s success with thousands of associates. Ignite was recently ranked 16th internationally on the list of the Top 100 Direct Selling Companies in the World, attesting to the company’s place in the top tier of the industry.
Winners of the 2010 Global Energy Awards will be announced on December 2, 2010, at a gala awards ceremony in New York City.