News Column

Liberty Power Gets Minority Business Nod

December 4, 2013

Staff Reports --

liberty power ceo
David Hernandez, Liberty Power CEO, with Commerce Secretary Penny Pritzker. (PRNewsFoto/Liberty Power)

Liberty Power Corp. earned the 2013 Minority Retail Energy Firm of the Year award from the Minority Business Development Agency, the company announced on Tuesday.

Liberty Power, an independent supplier of retail electricity headquartered in Fort Lauderdale, Fla., was the largest U.S. Hispanic-owned energy company in the U.S. in 2013, with growth of 8.5 percent and 2012 revenues of $710.8 million. The company ranked at No. 9 on the 2013 HispanicBusiness 500 index.

The country's largest independent retail electric supplier, Liberty Power and was one of a dozen organizations recognized during National Minority Enterprise Development Week.

The award is presented to a minority-owned energy firm that has achieved notable success in providing quality products and services resulting in the improvement of the environment, proficiency and customer satisfaction, according to a news release.

David Hernandez, Liberty Power's CEO, accepted the award during a private ceremony hosted by Commerce Secretary Penny Pritzker on Dec. 2 in Washington, D.C.

"We are humbled and proud to receive this award, and do so on behalf of our team members and all the small businesses, households and Fortune 500 customers we serve," Mr. Hernandez said in the release. "We are grateful to the Minority Business Development Agency for their advocacy for diversity on all levels."

Award recipients "help create jobs and keep our nation competitive in the global economy," David A. Hinson, MBDA national director, said.

The federal Minority Business Development Agency is dedicated to the growth and global competitiveness of U.S. minority-owned businesses. Services are provided through a network of MBDA Business Centers, according to the release.

Source: (c) 2013. All rights reserved.

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