NTE Energy Announced as Rising Star Finalist for Platts Global Energy Award
ST. AUGUSTINE, Fla. – NTE Energy has been selected as a finalist for the 2014 Platts Global Energy Rising Star – Company Award. Finalists for the awards were selected amongst a pool of over 250 international applications within the energy industry. Over the past 15 years, the Platts Global Energy Awards have signified unparalleled recognition in superior leadership, performance, and innovation within the industry. The 2014 Platts Global Energy Awards elected NTE Energy as a Rising Star - Company finalist, solidifying recognition for its substantial growth, innovation, operational excellence, scope, and strategic vision. This is the second consecutive year in which NTE Energy has secured a spot as a finalist for this award, further emphasizing the company’s notable evolvement and success over the past year. Such achievements include the recognition of NTE Solutions – a subsidiary of NTE Energy – by Inc. Magazine as one of the fastest growing private companies in the United States for a second consecutive year.
Within the past year, NTE Energy has experienced extreme growth by expanding its business to include independent power development, in addition to its energy technology development and infrastructure consulting. This year, NTE Energy experienced considerable gains as an independent power developer by acquiring large financial investments on its three power generation projects from Capital Dynamics and Wattage Finance, LLC, which is owned by a group of private investors and managed by an affiliate of Guggenheim Partners, LLC. These investments allow NTE Energy to complete the development of the projects - valued at over $1.1 billion - and begin construction early next year. Such success has contributed to NTE Energy’s significant rise within the industry.
“We are extremely proud to have been selected as a finalist for the Platts Global Energy Award for Rising Star – Company of the Year” said Seth Shortlidge, President and CEO of NTE Energy. “This is an incredible accomplishment that reflects the continued strength of our team, and expresses our persistent growth and evolvement over the past twelve months”
The winning companies will be announced for each independent category at the 2014 Platts Global Energy Awards black-tie gala on December 11th, 2014, at the Waldorf Astoria in New York City. NTE Energy will be in attendance.
About NTE Energy
NTE Energy develops and acquires strategically located electric generation and transmission facilities within North America. The team executes all aspects of project development, from initial market and site evaluations and permitting to financing, construction and operation. NTE Energy is actively developing three projects located in West Texas, Southwest Ohio, and North Carolina as well as pursuing early-stage opportunities in several other locations. For more information, visit www.nteenergy.com.