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North American Power Named On Forbes’ List of America’s Most Promising Companies

Posted on January 23, 2012

#57 North American Power
InfoStrech
INDUSTRY: Utilities
CEO: Kerry Breitbart 61
Carnegie Mellon University

FOUNDERS
Carey Turnbull 59
Goddard College
Kerry Breitbart

* Annual Revenue ($mil): 24
* Revenue Change % (2008 to 2010): NA
* Employees: 20
* Fiscal Year End: 31-Dec

Founded in 2009, this regional power company supplies electricity – much of it generated using renewable sources such as wind and water – along the east coast, including Connecticut, Maryland and Pennsylvania. NAPower competes with traditional utilities by buying energy in the wholesale market and delivering it at lower cost (using the same utility’s own infrastructure). This company nabbed a $5 million mezzanine loan from a single confidential investor in August 2011. Senior management has a combined 100+ years of experience in various aspects of the energy business; Breitbart and Turnbull have worked together for 25 years and both have sold companies before launching this venture.

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Hello All,

Did you know that, when the Communications Monopoly was deregulated, MCI, Excel & ACN created over 7000 Millionaires – that was a $20 Billion industry…

Well, now the deregulation of Energy & Gas has more than a dozen companies targeting ComEd & other electric customers – this is an $850 Billion industry!

Thanks to this deregulation, people have the power of choice. By choosing North American Power as their energy provider, not only are they making a better energy choice, but they’ll help the world get a little better each month. It’s simple, nothing changes and they’ll be turning every kilowatt into kindness. We invite all to join our Mission to put Millions into the hands of charities each and every month. Plus help improve America’s energy independence by supporting the production of cleaner power from renewable resources.

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