Renewable Power Direct (RPD), the national green power marketer, has
hired Eric Alam, an experienced energy industry executive, to head its
growing business of supplying Fortune 1000 companies with directly
sourced renewable power.
Mr. Alam was formerly executive vice president of sales at Viridity
Energy, an energy management software company, and has held executive
roles in several retail power companies. He will open a new office for
RPD in Houston.
“Eric’s broad experience in delivering cutting-edge energy services to
business users will benefit our customers and our renewable energy
suppliers alike,” said Gregory C. Staple, the founder and chairman of
RPD. “With a seasoned leader like Eric on board, I am confident that
RPD’s clean power sales to the U.S. business community will continue to
accelerate.”
Mr. Alam said: “The power market is changing rapidly, and RPD has
crafted the type of next-generation renewable electricity products that
corporate America now wants to meet sustainability goals and manage its
energy spend.
“RPD’s business model is one of the most important innovations that I
have seen to supply electricity, and I am very excited to lead RPD’s
next phase of growth to serve a business market that demands better
alternatives.”
New Funding Round
RPD also announced that it had closed a new investment round led by T.
Wayne Gatlin and the company’s current equity holders. Mr. Gatlin is a
co-founder of Santanna Energy Services (SES), a retail energy marketing
company, and the only founder still active in ownership and direction of
the company. SES has been continuously providing retail energy services
to customers in various markets for more than 27 years.
Background
About Eric Alam
Mr. Alam has been leading and managing businesses in the energy industry
for more than 25 years, with experience across sales, operations,
wholesale trading, retail structuring, M&A and risk management.
Prior to Viridity, he served on the executive team of World Energy where
he streamlined operations and significantly grew sales revenue.
Mr. Alam has also served in leadership positions at Commerce Energy and
Pennzoil. Notably, at Commerce Energy he was part of the three-member
executive team that led a company turnaround, took it public and
subsequently grew it to become the largest non-utility U.S. retail
energy company.
Throughout his career, Mr. Alam has worked with end-use customers to
develop innovative solutions to meet energy-related objectives.
About Renewable Power Direct, LLC
Renewable Power Direct, LLC is a FERC authorized wholesale power
marketer that specializes in supplying directly sourced renewable
electricity to Fortune 1000 commercial and industrial consumers.
Based in Washington, DC, the company was founded to make it easy for
businesses to buy green power without having to make expensive on-site
investments in new facilities or be locked into long-term purchase
contracts for off-site generation. RPD’s electricity purchasing and grid
scheduling services are backed by Tenaska Power Services, one of
America’s largest privately held U.S. energy companies. More information
can be found at www.renewablepowerdirect.com.
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