Consert Investor Press Release
Consert is backed by a group of Fortune 500 companies and private investors including Constellation Energy; GE Energy Financial Services, a unit of GE; Qualcomm Incorporated; and Verizon Ventures. Together, they advance Consert’s vision of creating an integrated green energy solution with smart infrastructure, real-time communications and intelligent in-home devices.
“Demand side resources must be as reliable as generation assets to meet capacity obligations in today’s marketplace. The Consert Solution meets this test and could benefit utilities, municipals and cooperatives nationwide.” - Kathi Hyle, COO, Constellation Energy Resources and Senior Vice President, Constellation Energy
“Consert’s technology connects homes and small businesses through existing communications networks, enabling utilities to balance electricity demand, increase energy efficiency and drive consumer savings. It complements GE’s suite of ecomagination and smart grid investments and products and provides opportunities for future collaboration.” – Kevin Skillern, Managing Director of venture capital at GE Energy Financial Services
“By utilizing the 3G wireless network to manage its software messaging and real-time data collection, Consert has developed a very compelling solution for smart grid applications. Consert’s innovative technology positions them well to succeed in this growing market.” - Quinn Li, Director of Qualcomm Ventures
For more information about Constellation Energy, visit www.constellation.com.
For more information about GE Energy Financial Services, visit www.geeenergyfinancialservices.com.
For more information about Qualcomm, visit www.qualcomm.com.
For more information about Verizon Ventures, visit www.verizon.com/ventures.
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