APR Energy Hosts Former Secretary of State Madeleine Albright in JacksonvilleWednesday, February 15, 2012
JACKSONVILLE, FL– APR Energy (APR) was honored to host Former US Secretary of State Madeleine Albright yesterday at its global headquarters in Jacksonville, Florida.
Albright Capital Management, LLC, (ACM), an SEC registered investment advisor focused on the global emerging markets, has been a shareholder of APR since August, 2009 and materially increased that investment in March 2011. ACM remains a strategically important investor, with representation on the Board of Directors, after the company’s public listing this past summer.
Secretary Albright said, “Our mutually beneficial partnership with APR has been sustained over a number of years and it is gratifying to see the company’s transformation. We continue to have the utmost faith in the vision that John Campion, Laurence Anderson, and the APR team has laid out for the company. As global energy consumption increases, APR is well-positioned to meet the energy demands of industry and business, especially in emerging markets, where reliable and affordable access to power is linked directly to economic growth, job creation and associated improvements in living standards.”
As a leading provider of fast-track, temporary power solutions, APR’s revenue has grown from $37 million (USD) in 2007 to over $200 million in 2011. Its fleet of mobile power generation equipment has more than doubled in size over the past year, from over 350MW to 900MW—enough electricity to power over 680,000 US households.
APR Energy’s global employee base currently spans across 16 countries, and has more than tripled in size to almost 850 over the past eight years. Its Jacksonville employee count has nearly doubled in size over the past year, from 56 to over 100, and is expected to grow significantly over 2012.
Secretary Albright toured APR’s headquarters, met with management and employees, and together with APR’s CEO, John Campion, spoke to employees and local government officials on the company’s current success and potential for growth within the international power market. She also shared insight from her years as Secretary of State and other roles she has played over her highly successful career.
“The enormous expertise and passion Secretary Albright brings to the partnership is a great advantage to the future growth of APR,” said APR Energy Chief Executive Officer, John Campion. “With her vast experience in international affairs, Secretary Albright understands better than most the important role energy plays in the development and stability of global economies.”
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