Goal Zero Begins New Phase of Innovation with
Acquisition Announcement by NRG Energy
Both companies align in mission and humanitarian spirit
SALT LAKE CITY — August 14, 2014 — On the heels of an acquisition announcement by NRG Energy, INC. (NYSE: NRG), Goal Zero reinforces its hold as the leader in portable solar power and looks to new horizons for its continuing mission to empower people worldwide.
"Our mission is to put reliable power in the hands of every human on earth. Being part of NRG, a company that is similarly aligned, allows us to reach this goal in a much more powerful way. We exist to do good, to empower people everywhere," said Robert Workman, CEO and founder of Goal Zero. "Both Goal Zero and NRG have similar give back initiatives. Both companies have proven track records of helping those in need with services and products. Whether it is lighting a hut in Congo or a school in Haiti, we are focused on improving the lives of every human on this earth."
In 2009, Robert Workman created Goal Zero after seeing the lack of basic access to light in developing countries. Goal Zero designs products that give users the freedom to go anywhere, powering devices in a variety of situations, from charging gear on a camping trip to running essential equipment in a natural disaster.
Most recently, Goal Zero won two best in show awards at the prominent Outdoor Retailer Summer Market in Salt Lake City. The company's newest product, the weatherproof Venture 30, is an outstanding representation of the innovative approach Goal Zero takes on solving the needs of personal power on the go.
"We are at the forefront of the era of personal power where people can live their lives beyond the constraints of the traditional electricity system. With Goal Zero products, consumers are free, untethered and powered wherever they go," said Elizabeth Killinger, president of NRG Retail. "The acquisition of Goal Zero enables us to put power in people's hands and deepens the relationship we have with our customers."
A Fortune 250 company, NRG is driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Its retail electricity providers serve almost 3 million residential and commercial customers throughout the country. In addition, NRG shares Goal Zero's passion for humanitarianism and giving back to communities worldwide.
Goal Zero was recognized as one of Forbes' Most Promising Companies of 2014, growing by nearly 17,000 percent in the past three years and earning a No. 9 ranking on the Inc. 500 list; all with financial backing from Sorenson Capital and Mercato Partners.
Goal Zero is committed to continuing its push to create innovative solar power systems that make portable consumer solar power available to all people. To learn more about the latest Goal Zero products, go to www.goalzero.com
About Goal Zero
Goal Zero is the industry leader for renewable and reliable solar power. Born out of the desire to empower people everywhere, Goal Zero's products are designed to give you the freedom to go anywhere, regardless of battery life. From cellphones to refrigerators, and everything in between, Goal Zero products keep you connected and powered up in any situation. Power. Anything. Anywhere. For more information, visit goalzero.com.
Foley & Lardner LLP acted as legal advisor to Goal Zero.
NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation's largest and most diverse competitive power portfolio. A Fortune 250 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers serve almost 3 million residential and commercial customers throughout the country. More information is available at www.nrg.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.
Goal Zero Public Relations