Federal contracts propel ADI’S growth

CEO (OR EQUIVALENT):John J. Rizzo, president and CEO2014 REVENUE: $10.6 million2012 REVENUE: $5 millionREVENUE GROWTH: 112%
CEO (OR EQUIVALENT):John J. Rizzo, president and CEO2014 REVENUE: $10.6 million2012 REVENUE: $5 millionREVENUE GROWTH: 112%

ADI Energy, an energy-services company based in Smithfield, provides clients with plans on how to use energy most efficiently by analyzing their systems and installing practical, cost-effective, environmentally friendly solutions.

John J. Rizzo, president and CEO of ADI Energy, explains that the company’s three-year revenue growth of 112 percent is mainly driven by the company’s federal government business sector. He cites a partnership with Lockheed Martin at the U.S. Embassy in Nicaragua as an example.

“Our team reduced the energy purchased at the site by [more than] 54 percent. This project allows the U.S. to help reduce the host country’s impact on the environment, as that country makes a majority of its power with heavy oil,” Rizzo said.

In May 2015, ADI Energy was also selected for a $1.5 billion U.S. Department of Defense energy performance contract, along with 13 other businesses.

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Looking forward, one of Rizzo’s goals in 2016 is to work more in Rhode Island and its communities. “This is our community, too, and we want Rhode Island to be a leader in sustainability. With Gov. [Gina M.] Raimondo’s focus on energy infrastructure and the new R.I. Infrastructure Bank, this may just happen in ‘Lil’ Rhody,’ ” he said. •

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