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Minority-Owned Liberty Power Chosen By Global Company Novo Nordisk for Green Initiatives
Boston, MA / Aug 03, 2011 / -Novo Nordisk, Inc., the global healthcare company known for its innovative leadership in diabetes care, will soon work with one of the largest minority-owned energy firms in the USA. In addition to offering Novo Nordisk significant savings over a two year term, the contract with Liberty Power will offset Novo Nordisk’s entire carbon footprint by minimizing fossil fuel consumption.

In addition to supporting Novo Nordisk’s, diverse supplier initiative, the Fort Lauderdale-based Liberty Power will enable Novo Nordisk’s Princeton, NJ facilities to reduce their carbon footprint by identifying a variety of “green”, renewable energy, options. Through the purchase of renewable energy credits (REC’s) and engaging Liberty Power, Novo Nordisk is now investing in companies that identify alternative energy sources.

“In conjunction with novoDSI, the company’s diverse supplier initiative, Novo Nordisk is continuously looking for suppliers to provide superior products and services while meeting global goals. Diverse suppliers are a valued component of the Novo Nordisk “way” and we plan on utilizing these vendors as needed.” said Ted Bielicky, Sr. Director, Facilities.

Novo Nordisk’s relationship with Liberty Power was initiated as a result of attendance at the National Minority Supplier Diversity Council Expo in Miami in October of 2010, by Bill Hooker, Senior Manager Strategic Sourcing and novoDSI leader. At the Miami Expo Mr. Hooker was introduced to Nelson Reyneri, Vice President, Key Accounts and External Affairs at Liberty Power. Through an RFP process, Novo Nordisk identified three potential suppliers and found that each had defining qualities that would be conducive to the company’s “way” of management which emphasizes social, financial, and environmental responsibility.

One of these suppliers, Liberty Power, is an established nation-wide electricity provider and is also a minority-owned business (MBE). In addition to supporting Novo Nordisk’s, diverse supplier initiative, Liberty Power will enable Novo Nordisk’s Princeton, NJ facilities to reduce their carbon footprint by identifying a variety of “green”, renewable energy, options. Through the purchase of renewable energy credits (REC’s) and engaging Liberty Power, Novo Nordisk is now investing in companies that identify alternative energy sources.

All Novo Nordisk facilities, including the LEED Silver certified building located at 1100 Campus Road on the company’s Princeton campus, use many of the “green” programs available in the marketplace. The state-of-the-art building, which was constructed in part with recycled materials, utilizes low-flow plumbing to minimize water consumption and harvests light to minimize electricity consumption. With numerous company-wide recycling programs, Novo Nordisk, Inc. is constantly striving to maintain a best-in-class work environment with the least amount of impact possible on the natural world.

About Novo Nordisk
Novo Nordisk is a global healthcare company with 88 years of innovation and leadership in diabetes care. The company also has leading positions within hemophilia care, growth hormone therapy and hormone replacement therapy.

Headquartered in Denmark, Novo Nordisk employs approximately 31,400 employees in 74 countries, and markets its products in 179 countries.

Novo Nordisk’s B shares are listed on NASDAQ OMX Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO).

About Liberty Power
Liberty Power – encompassing Liberty Power Holdings LLC, Liberty Power Maryland LLC, Liberty Power District of Columbia LLC, Liberty Power New York LLC, and LPT, LLC dba LPT SP LLC – is certified and licensed by the Public Utilities/Service Commissions of the following states: California, Connecticut, Delaware, Illinois, Maine, Maryland (IR793), Massachusetts (CS-057), Michigan, New Jersey (ESL-0001), New York, Ohio, Pennsylvania, Rhode Island, Texas (10118), and Virginia. Liberty Power is also licensed and certified in the District of Columbia, and by the Federal Energy Regulatory Commission. Liberty Power® is a registered trademark of Liberty Power Corp. LLC

About DiversityBusiness.com
Launched in 1999, DiversityBusiness is the largest organization of privately owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies, and colleges and universities. DiversityBusiness provides research and data collection services for diversity including the "Top 50 Organizations for Multicultural Business Opportunities", "Top 500 Diversity Owned Companies in America", and others. Its research has been recognized and published by Forbes Magazine, Business Week and thousands of other print and internet publications. The site has gained national recognition and has won numerous awards for its content and design. DiversityBusiness reaches more diverse suppliers and communicates more information to them on a more frequent basis then all other organizations combined. We also communicate with mainstream businesses, government agencies and educational institutions with information related to diversity. Our magazine reaches over 300,000 readers, a monthly e-newsletter that reaches 2.4 million, and website visitors of 1.2 million a month. It is a leading provider of Supplier Diversity management tools and has the most widely distributed Diversity magazine in the United States. DiversityBusiness.com is produced by Computer Consulting Associates International Inc. (CCAii.com) of Southport, CT. Founded in 1980.


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