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Press release content from PR Newswire. The AP news staff was not involved in its creation.

O3 Energy Listed as the #15th Fastest Growing Private Company in Texas by Inc. Magazine

March 16, 2021 GMT

DALLAS, March 16, 2021 /PRNewswire/ -- Today Inc. magazine revealed their list of finalists for the Inc. 5,000 Regionals. On its second annual Inc. 5000 Regionals: Texas list, the most prestigious ranking of the fastest-growing Texas-based private companies O3 Energy was ranked #15. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy’s most dynamic segment—its independent small to medium size businesses.

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“Texas is one of the greatest states in the country for business,” said Brad Stutzman, CEO of O3 Energy “We are thrilled to make this prestigious list and have all of our hard work recognized. Renewable Energy is the future and Texas is embracing that future.”

The companies on this list show stunning rates of growth across all industries in Texas. Between 2017 and 2019, these 250 private companies had an average growth rate of 210 percent and, in 2019 alone, they employed more than 44,000 people and added more than $9 billion to the Texas economy. Companies based in the largest metro areas—Dallas, Houston, and Austin—brought in the highest revenue overall.

Complete results of the Inc. 5000 Regionals: Texas, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/texas starting March 16, 2021.

“This list proves the power of companies in Texas no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”

The Methodology
The 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

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About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About O3 Energy
Since 2011, Dallas-based O3 Energy has provided energy solutions to heavy power users. It specializes in the development, construction, and operations of energy generation systems and facilities. The company provides homeowners, businesses, and municipalities with affordable clean energy through onsite generation. For more information, please visit o3energy.com.

Media Contact: Preston Howell, O3 Energy media@o3energy.com

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SOURCE O3 Energy Corporation