Daily Record Staff//December 17, 2021
//December 17, 2021
MD Energy Advisors, on the strength of a five-year revenue growth rate that exceeded 207%, was named one of the nation’s fastest-growing firms by The Initiative for a Competitive Inner City (ICIC) for the second consecutive year.
MD Energy Advisors was ranked 29th overall and moved up 20 places from its 49th ranking in 2020. The national nonprofit organization annually compiles this list which recognizes the 100 fastest-growing companies in under-resourced communities across the United States. The winning organizations are selected based on revenue growth and job creation. Six Baltimore-based companies cracked the top 100 this year.
Headquartered in Baltimore, MD Energy Advisors is a customer-centric energy management, marketing, and efficiency firm providing energy solutions to utilities, private companies and residential clients. The company identifies opportunities to reduce energy-related operating expenses, offers strategies that improve environmental impact and provides financial vehicles to help implement these strategies.
The company, which was co-founded by Paul Clary, Phil Croskey and Jason Schwartzberg in 2010, presently employs more than 30 professionals. MD Energy Advisors achieved the second highest ranking among all Baltimore-area companies named to the list.
ICIC was founded in 1994 by Harvard Business School professor Michael E. Porter. Through its research on inner city economies, the organization provides businesses, governments and investors with the most comprehensive and actionable information in the field about urban market opportunities.