Constellation

TZP Group Invests in Constellation Advisers

Retrieved on: 
Tuesday, February 18, 2020

NEW YORK, Feb. 18, 2020 /PRNewswire/ -- Constellation Advisers, LLC ("Constellation"), a leading co-sourced and outsourced investment management service provider, announced that it has received a significant strategic investment from TZP Small Cap Partners I, L.P. ("TZP").

Key Points: 
  • NEW YORK, Feb. 18, 2020 /PRNewswire/ -- Constellation Advisers, LLC ("Constellation"), a leading co-sourced and outsourced investment management service provider, announced that it has received a significant strategic investment from TZP Small Cap Partners I, L.P. ("TZP").
  • Constellation remains deeply committed to delivering a superior level of high touch, customized service and expert advice to our clients."
  • Constellation Advisers, LLC is a premier co-sourced and outsourced investment management consultancy with a boutique firm approach.
  • TZP Group, a private equity firm with $1.6 billion raised since inception across its family of funds, is focused on investments in business and consumer services companies.

Sunnova Closes Securitization of Residential Solar Systems

Retrieved on: 
Wednesday, February 12, 2020

Sunnova Energy International Inc. (Sunnova) (NYSE: NOVA), a leading U.S. residential solar and energy storage service provider, announced today it has closed its securitization of leases and power purchase agreements.

Key Points: 
  • Sunnova Energy International Inc. (Sunnova) (NYSE: NOVA), a leading U.S. residential solar and energy storage service provider, announced today it has closed its securitization of leases and power purchase agreements.
  • This transaction will further ensure Sunnova is able to fully capitalize on the above market growth we are experiencing.
  • Payments on the notes will come from a diverse portfolio of over 23,000 solar rooftop systems distributed across 20 states, Guam, Puerto Rico, and Northern Mariana Islands.
  • Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider, with customers across the U.S. and its territories.

PROS Named to Constellation ShortListTM for Price Optimization

Retrieved on: 
Wednesday, February 12, 2020

PROS (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced it was named to the Constellation ShortList for Price Optimization in Q1 2020.

Key Points: 
  • PROS (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced it was named to the Constellation ShortList for Price Optimization in Q1 2020.
  • The Constellation ShortList portfolio identifies the top vendors to consider based on technology investment, use cases, strategic vision, customer value, executive leadership and price, said R Ray Wang , chairman and founder at Constellation Research.
  • Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission.
  • Constellation Research does not endorse any solution or service named in its research.

PROS Named to Constellation ShortListTM for Configure, Price, Quote

Retrieved on: 
Wednesday, February 12, 2020

PROS (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced it was named to the Constellation ShortList for Configure, Price, Quote (CPQ) in Q1 2020.

Key Points: 
  • PROS (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced it was named to the Constellation ShortList for Configure, Price, Quote (CPQ) in Q1 2020.
  • We continue to be honored that Constellation Research includes PROS in their shortlist for Configure, Price, Quote solutions.
  • Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission.
  • Constellation Research does not endorse any solution or service named in its research.

Vicinity Energy Launches Largest District Energy Provider in North America

Retrieved on: 
Monday, January 27, 2020

Antin Infrastructure Partners, a global infrastructure fund, recently announced the creation of a new brand, Vicinity Energy, following its purchase of Veolia North Americas district energy assets in the United States.

Key Points: 
  • Antin Infrastructure Partners, a global infrastructure fund, recently announced the creation of a new brand, Vicinity Energy, following its purchase of Veolia North Americas district energy assets in the United States.
  • It is the largest district energy provider in North America.
  • Headquartered in Boston, Vicinity Energy currently supplies energy and related services to in excess of 200 million square feet of building space with its largest networks located in downtown Philadelphia, Boston, Baltimore and Kansas City.
  • With 13 networks in 10 major cities, Vicinity Energy is North Americas largest provider of district energy solutions, offering energy supply, infrastructure investment and management services to municipal, commercial and institutional customers with mission-critical energy needs.

Constellation Real Estate Group Executives Named Among RISMedia's 2020 Newsmakers; Futurists and Trailblazers

Retrieved on: 
Friday, January 10, 2020

BELLEVUE, Wash., Jan. 10, 2020 /PRNewswire-PRWeb/ -- The Constellation Real Estate Group (CREG), a portfolio of 15 market-leading technology companies in the real estate vertical, is proud to announce that CREG President Scott Smith and Vice President of Business Development Tom George have both been named among RISMedia's 2020 Newsmakers , a group of dynamic individuals recognized for their contributions to the real estate industry.

Key Points: 
  • BELLEVUE, Wash., Jan. 10, 2020 /PRNewswire-PRWeb/ -- The Constellation Real Estate Group (CREG), a portfolio of 15 market-leading technology companies in the real estate vertical, is proud to announce that CREG President Scott Smith and Vice President of Business Development Tom George have both been named among RISMedia's 2020 Newsmakers , a group of dynamic individuals recognized for their contributions to the real estate industry.
  • "The world of organized real estate is constantly changing and adapting to meet the needs of consumers in every marketplace.
  • Scott Smith, recognized as a Futurist|Forward Thinker in the industry, serves as the President and General Manager of the Constellation Real Estate Group, overseeing and driving organic growth across a portfolio of 15 market-leading real estate technology brands.
  • The Constellation Real Estate Group acquires and invests in real estate software brands that are committed to providing long-term solutions and partnerships with franchises, brokers, agents, MLSs, and associations.

Constellation Advisers, LLC Announces Partner Class of 2020

Retrieved on: 
Thursday, January 9, 2020

Constellation Advisers, LLC (Constellation), the leading co-sourced and outsourced investment management service provider, is pleased to announce that five key members of our stellar senior management team have been promoted to Partner, effective January 1, 2020.

Key Points: 
  • Constellation Advisers, LLC (Constellation), the leading co-sourced and outsourced investment management service provider, is pleased to announce that five key members of our stellar senior management team have been promoted to Partner, effective January 1, 2020.
  • We want to congratulate them on this well-deserved promotion and career milestone, said Greg Farrington, Constellations President.
  • Mr. Deffenbaugh has over 30 years of experience in financial services and investment management, including nearly 20 years serving as Partner at Deloitte.
  • Constellation Advisers, LLC is a premier co-sourced and outsourced investment management consultancy with a boutique firm approach.

Agera Energy, LLC Files Chapter 11 Protection, Enters Into Agreement to Sell Its Retail Assets to Constellation

Retrieved on: 
Friday, October 4, 2019

If approved by the bankruptcy court, the majority of Ageras existing customers will be transferred to Constellation upon completion of the sale.

Key Points: 
  • If approved by the bankruptcy court, the majority of Ageras existing customers will be transferred to Constellation upon completion of the sale.
  • Headquartered in Briarcliff Manor, New York, Agera Energy provides retail electricity and natural gas to commercial, industrial, and residential customers.
  • Established in 2014, Agera Energy is a retail energy supplier offering a one-stop-shop for energy supply, efficiency and audit services.
  • With best-in-class energy solutions, Agera Energy focuses on its customers so they can focus on their homes and businesses.

Constellation Signs 175 MW Solar Agreement to Supply an Aggregation of Three Commercial Customers

Retrieved on: 
Wednesday, September 18, 2019

Constellation has announced an agreement with three major commercial customers to power their operations with renewable energy.

Key Points: 
  • Constellation has announced an agreement with three major commercial customers to power their operations with renewable energy.
  • At 175 megawatts, this project is the largest of its kind for Constellation, an Exelon company.
  • Skipjack Solar Center is a large new solar plant being developed in Charles City County, Va., on former working timber land.
  • As part of this transaction, Constellation will purchase energy and RECs from the Skipjack Solar Center and will then sell the power and project-specific RECs to the customers.

DermTech Announces Successful Closing of Business Combination with Constellation Alpha Capital Corp.

Retrieved on: 
Tuesday, September 3, 2019

DermTech, Inc. (DermTech), a global leader in precision dermatology enabled by a non-invasive skin genomics platform, announced today that it has completed its previously announced business combination with Constellation Alpha Capital Corp. (Constellation), a publicly traded special purpose acquisition company prior to the business combination.

Key Points: 
  • DermTech, Inc. (DermTech), a global leader in precision dermatology enabled by a non-invasive skin genomics platform, announced today that it has completed its previously announced business combination with Constellation Alpha Capital Corp. (Constellation), a publicly traded special purpose acquisition company prior to the business combination.
  • As a result of the business combination, the previous DermTech stockholders own a controlling interest in the combined company (the Company).
  • Shortly following the completion of the business combination, the Company effected a one-for-two reverse stock split of its common stock.
  • As a result of the business combination, the Company has access to approximately $29 million of gross capital, exceeding the $15 million closing cash requirement previously announced.