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Company creates energy jobs in Connecticut

Posted on June 3, 2016

One company is relocating and creating energy jobs in Connecticut.

Crius Energy, through its wholly owned subsidiary Regional Energy Holdings, will relocate its headquarters to Norwalk, where the company will retain its 200 jobs and create 225 new positions within the next four years.

“Founded by a Connecticut entrepreneur, Crius Energy has grown dramatically over the past seven years to become a publicly traded, international company, and we’re committed to helping it expand even further,” Governor Malloy said.  “This company is helping to fuel the high-tech, innovative economy of tomorrow that is creating good paying jobs all while creating advanced, renewable energy options.  We are excited to see them expand here in Connecticut.”

Crius has exceeded the capacity of its current locations in Stamford.  The company is planning a $29 million project, which includes the renovation of 48,000 square feet of space at 535 Connecticut Avenue, a Matrix Group property, located in Norwalk.  The new office will accommodate continued growth, as well as help enhance the work environment and efficiency of the company’s current Connecticut operations.

Since 2009, Crius has grown from a single green energy brand, Viridian Energy, to a holistic energy solutions provider with a family of world-class brands including Comcast Energy Rewards, Public Power and TriEagle Energy.

Last year, the company achieved revenues of $686.3 million and helped to avoid 3.9 billion pounds of CO2 emissions through Crius’ purchase of renewable energy certificates to support its electricity products and carbon offsets to mitigate its natural gas products and corporate travel.

In Connecticut alone, Crius has sold 4.5MW of rooftop solar energy and helped consumers avoid more than 1,480,893,449 lbs. of harmful CO2 emissions since the company went public.  That is the equivalent of taking 141,415 passenger vehicles off of Connecticut roads for one year or powering Connecticut 61,289 homes for a year.

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