In August 2004, two men – Pierre Koshajki and Rob Snyder – established a company called Stream Energy. The company distributes energy to the state of Texas, and they are headquartered in the city of Dallas. After years of fighting for their right to operate outside the state, the court has finally given them a signal to build their first stations outside Texas. It marked the beginning of the deregulated energy market, and it became a huge hit especially for those who are looking for an energy supplier alternative. Stream Energy can produce their energy for a lower price, and as a result, their customers are paying lower bills compared to those who are using the services from the main power producers.
Stream Energy’s CEO, Larry Mondry, stated that the company is expanding its presence outside Texas, especially in the states of New England. Delaware is the newest state to be added in their growing list of locations, and the CEO said that there would be new additions to the list.
Aside from providing cost-efficient energy, the company is also known for their philanthropic arm called Stream Cares. The organization focuses on creating missions that help the people, and they are also providing a lot of assistance to those who were victimized by disasters and other catastrophes. The philanthropic arm of Stream Energy has been around since the company was established, but it has no official name. However, the company decided to formalize Stream Cares, and its first mission as a fully-registered organization was to extend the assistance to those who fell victim to the wrath of Hurricane Harvey.
The hurricane swept through the coast of Texas, destroying a huge number of properties. Hurricane Harvey is one of the strongest tropical cyclones to hit the United States, and it is tied with Hurricane Katrina as the costliest. The tropical cyclone caused massive flooding in the state, leaving a lot of people without power. Stream Cares donated cash fund to the victims, and they also mobilized their units to collect donations such as clothes, sanitary products, relief goods, and bottled water. Stream Cares continues to respond especially to disaster-hit areas within the United States.
Andrew Rolfe is the senior strategist of Ubuntu Fund, an organization that pioneers in the provision of aid to vulnerable children living in Port Elizabeth, South Africa. Mr. Rolfe is in charge of organizing events aimed at raising funds to help these kids access better health care and education.
Andrew Rolfe and the charity gala
He recently hosted the annual Ubuntu Education Fund Charity fundraiser in the United Kingdom. Mr. Rolfe was able to mobilize well-wishers who donated more than $603,000, which was more than the anticipated amount. The Ubuntu Education Fund is expected to use this money to fund and expand the student’s capacity in the Port Elizabeth Campus. Part of these funds would also be donated to the campus’ pediatric clinic. Mr. Rolfe’s goal is to create opportunities for disadvantaged families and children to explore their full potential. His position at the Ubuntu Education Fund enables him to steer the company into improving the lives of these vulnerable communities.
About Andrew Rolfe
Andrew Rolfe is an entrepreneur and a managing partner at TowerBrook Capital Partners. Mr. Rolfe has more than two decades of professional experience and is a graduate of Harvard Business School. He also studied at several other colleges, including University of Oxford, Eton, and St. Andrews College. His specialty is mainly business and management. Mr. Rolfe has extensive knowledge in the fields of corporate finance, business strategy, and private equity. He has worked for various big companies, including Ubuntu Education Fund where he serves as the chairman.
He was also the president of Gap Inc for two years. Mr. Rolfe began his career in 1992 at PepsiCo where he worked for five years as the firm’s vice president. He later became the chief executive officer of Pret A Manger in 1998. Working for all these ventures has enabled him to acquire knowledge and a great perspective on how to manage businesses. Mr. Rolfe currently spends most of his time in the United States and Europe, overseeing TowerBrook Capital Partners’ operations. He is also a board member of numerous companies, including True Religion Apparel, Kaporal Jeans, Wilton Industries, Inc, J.Jill, and WH Smith PLC.