WASHINGTON, DC — (August 15, 2018) –Sol Systems, a leading independent solar power infrastructure developer and asset manager, today announced that the company has been named to the Inc. 5000 list of the fastest-growing private companies in America for the fifth time. Sol Systems was ranked number 2,865 on the national Inc. 5000 list, and is the only solar company to be designated to the “Hall of Fame” as a five-time Inc. 5000 honoree. Only one in 10 Inc. 5000 honorees have been named to the list five times or more. Sol Systems was also recognized as the top revenue generator among Inc. 5000 honorees in Washington, D.C., boasting 229.4% revenue growth over three years.
“Sol Systems has approached growth mindfully since our founding 10 years ago,” said Yuri Horwitz, CEO. “Solar is a complex and ever-evolving market, and we have been diligent about our commitment to sustainable but dynamic growth in the face of inherent challenges and opportunities. We are honored by the award, and really proud of what our team has built since 2008. We are also excited about the opportunity ahead and dedicated to developing a more sustainable, robust, and resilient global energy infrastructure.”
Sol Systems celebrates its 10th anniversary this year after being founded in 2008 by Yuri Horwitz and George Ashton as a boutique solar trading and finance firm. The company has since grown to become one of the leading solar developers in the United States, serving multiple Fortune 500 companies. Sol Systems recently launched the Helios Infrastructure Fund with its partner Nationwide Mutual Insurance Co. to deploy large amounts of capital into the solar asset class. To date, the company has raised and deployed more than $1 billion in capital, and today manages over $700 million in energy assets for institutional investors throughout the country. Sol Systems is employee-owned.
Companies listed on the 2018 Inc. 5000 list earn an aggregate revenue of $206.1 billion, generating 664,095 jobs over the past three years. Companies on this year’s list achieved an astounding three-year average growth rate of 538.2 percent, and a median rate of 171.8 percent. The complete Inc. 5000 list, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.