Stream Energy – New Leaders and Expansions

Stream Energy is a direct-selling energy provider based in Dallas, Texas since 2005. The business has a reach in several states such a Texas, Pennsylvania, Georgia, Washington D. C., Illinois, New York, New Jersey, Maryland, and most recently in Delaware as well.

The company of Stream Energy has been quite successful. For its 12 years of operation, the energy provider has reached a collective revenue of over $8 billion and considering the company is swiftly expanding its reach of operation, Stream Energy is in for a profitable future in the energy sector. Read more at about Stream Energy.

In November 2017, Stream Energy recruited a new Executive Vic President and Chief Executive Officer. The positions were assumed by Mr. David Faranetta who is dubbed a veteran in the energy sector. Mr. David Franetta has been looking after the financial planning of Stream Energy, as well as the reporting of business, tax, accounting, and treasury transactions.

Before Mr. David Faranetta became a part of the leadership of Stream Energy, he worked with other energy businesses. Previously, Mr. David Farantta worked at the company of Luminant as CFO of TXU Energy for the corporation. Luminant is a generator of electricity which they put on wholesale. Right before Mr. David Faranetta joined Stream Energy, he was the Senior Vice President of Planning and Treasury of the company Vistra Energy, also headquartered in Dallas, Texas.

Mr. David Faranetta has achieved a bachelor’s degree in Economics from the Moravian College. After that, he attended the Lehigh University, obtaining an MBA in Business Administration.


Stream Energy had a successful close of the year 2017. The company accomplished to expand its reach two times over the course of only four months. Stream Energy previously served in 10 states. In September 2017, the energy provider started offering its services to the state of Illinois. In early December, Stream Energy started being available in the state of Delaware as well, offering its full service.

The company ha started gaining momentum, and it stated that it intends on using the speed to expand further. Over the next year, Stream Energy aims to start being available in at least a couple of other states. Follow Stream Energy on Linkedin.

Leave a Reply

Your email address will not be published. Required fields are marked *