Empower Grid

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Ambit Energy Hosts more than 9,000 for 6th annual conference, creates $10,000,000 in Economic Impact

(DALLAS) – Ambit Energy, No. 1 “Fastest Growing Private Company” on the prestigious Inc. 500 list for 2010 and national retail energy leader, held its 6th Annual Conference, “Ambition 2012: Take Charge.”  More than 9,000 Independent Consultants representing 32 states from Alaska to New York filled both the Hilton Anatole and the American Airlines Center over a span of five days starting on August 29.

This conference created an estimated $10,000,000 in economic impact for the City of Dallas in terms of lodging, transportation, food and entertainment. The company has also recently signed an agreement with the Dallas Convention and Visitors Bureau to host the annual event in Dallas for the next three years.

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Ambit Energy Named One of Inc. Magazine’s Fastest-Growing Private Companies for Second Year in a Row

Energy provider is the second-highest revenue producer on the list with $417M for 2010

DALLAS – August 23, 2011 – Ambit Energy, a leading national retail energy provider based in Dallas, announced today that the company was named for the second year in a row to Inc. magazine’s annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. This year, the company ranked #390 based on revenue growth from 2007 through 2010. Ambit Energy was one of only 19 Inc. 500 companies who exceeded $100 million in revenue in 2010.

With a three-year revenue growth of 867 percent, Ambit Energy had the highest revenue and comprised 45 percent of the $920.8 million in total revenues of all ranked energy companies. In 2010, Ambit Energy made the list for the first time since the company was founded in 2006, and was recognized as the #1 fastest-growing private company with a three-year sales growth between 2006 and 2009 of 20,369 percent.

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