Auburn, N.H., – For the second year in a row, Freedom Energy Logistics, an energy management firm based in Auburn, N.H. has made the Inc. 5000 list of the fastest-growing private companies in America. Freedom Energy Logistics pioneered the energy buying model of direct market participation to end-users in New England. Established in 2004, Freedom Energy Logistics has seen exponential growth over the last several years. According to Inc. 5000, statistics show companies that make the Inc. 5000 list have grown six fold since 2014.
Freedom Energy Logistics once again joins high profile companies like Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, and Zillow who have also previously made the list.
“Being included in this competitive and prestigious list of entrepreneurs is a true testament of the work we have done in the New England energy market,” said Gus Fromuth, Managing Director, Freedom Energy Logistics. “Our vision for a Direct-to-Grid model within a deregulated energy market combined with the expertise of our hard working, dedicated team who are passionate about delivering outstanding customer service is what continues to set us apart. It is quite the accomplishment to be named to this elite list and to be named two-times in a row especially in a challenging business environment. This recognition proves that our products and services continue to resonate with our customers. Our growth is based on our continued commitment to our customers and the partnerships we have formed within ISO-NE and with the energy suppliers.”
In his congratulatory announcement to Freedom Energy Logistics, Inc. Media Editor in Chief, James Ledbetter acknowledged the company’s success; “Out of the nearly seven million private companies moving the economy forward every day, only a tiny fraction have demonstrated such remarkably consistent high growth. You should be proud of all Freedom Energy Logistics has achieved to date.” According to Ledbetter, of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction has made the list more than once.
According to Fromuth, Freedom Energy Logistics has experienced remarkable growth in both market share and employees, “over the last few years, we have doubled our Sales and Operations team plus we have expanded into new territory beyond New England.”
Inc. 5000 Methodology
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify the company must be a U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at https://www.inc.com/inc5000.
About FreedomEnergy Logistics: Freedom Energy Logistics is a boutique energy management firm based in Auburn, N.H., that specializes in unique methods of electricity and natural gas supply purchasing. Founded in 2006, Freedom Logistics serves the region’s largest manufacturers, municipalities and businesses. Pioneering the ‘Direct-to-Grid’ movement, many of Freedom Energy Logistics’ customers source wholesale energy direct from the ISO NE Pool. Freedom Energy Logistics provides critical consulting and procurement to help its customers make the most cost efficient decision on where to source its power. Freedom Logistics has been named amongst New Hampshire’s Top Family Business by Business New Hampshire Magazine. Freedom Energy Logistics was named to Inc. 5000, Inc. Magazine’s top 5000 fastest growing companies in America for 2017 and was also named two consecutive years to the the Fastest-Growing Family Business in New Hampshire by Business New Hampshire Magazine, the company was also named the 2016 Small Business Vendor of the Year by General Dynamics | Bath Iron Works. Freedom Logistics’ Managing Director, August G. Fromuth was also awarded with the 2016 Business Excellence Award from New Hampshire Business Review in the consumer services category for a small organization. Since 2015 the company has twice been a finalist for the BBB Torch Awards for Marketplace Ethics. For more information visit www.felpower.com or call 603.625.2244.