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10/10/18

Constellation Expands Existing Retail Solar Business with Acquisition of PFMG Solar LLC

BALTIMORE -- Constellation, an Exelon company and a leading retail energy supplier, announced today that it has acquired PFMG Solar LLC, a subsidiary of Spear Point Energy, LLC. Founded in 2009, PFMG Solar develops solar power systems for school districts, government agencies and other public-sector customers.

 

“This purchase is a natural expansion of our existing retail solar business,” said Jim McHugh, CEO, Constellation. “It enables us to grow our solar footprint in California, the most active U.S. solar market, and extend our Constellation Offsite Renewables (CORe), energy efficiency and other retail energy offerings to new markets.”

 

Constellation has worked with Southern California-based PFMG Solar to develop and install 42 of the more than 100 megawatts of solar generation that it has completed over the last decade.

 

“PFMG Solar and Constellation have enjoyed a productive and collaborative relationship over the past several years,” said Jorge E. Vargas, executive vice president for Spear Point Energy LLC. “We look forward to Constellation’s continued success as a leader in the solar industry nationwide.”

 

“We wish all the best to our PFMG Solar employees as they make this transition,” said Sam Houston, CEO, Spear Point Energy LLC. “We’re confident that this group will be a valuable addition to an already strong Constellation team.”

Press

October 10, 2018

Constellation Acquires Developer PFMG Solar

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June 8, 2017

Solar Panels Power up School District Sites

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March 23, 2016

Construction Set to Begin for Oceanside Solar Projects

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March 17, 2016

Central School District, Constellation, and PFMG Solar Dedicate 1.5-Megawatt Solar Generation Project

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July 8, 2015

PFMG Solar’s Focus On Schools Goes Beyond The Bottom Line

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June 9, 2015

Leading SoCal Solar Developer Introduces Its New Name: PFMG Solar

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April 21, 2015

Diamond Ranch to Become First-Ever PUSD School to Install Solar Panels

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March 11, 2015

Scholarship Awarded to Gabrielino High School Senior

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February 27, 2015

Chaffey Joint Union High School District, Constellation and PsomasFMG Dedicate 6.7 Megawatt Solar Generation Project

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November 1, 2014

Solar Project to Save Central School District $6 Million

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January 1 2014

PsomasFMG and Constellation have Entered into an Agreement

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October 7 2013

Solar Project to save Redondo Beach Schools

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February 20, 2013

PsomasFMG puts in Servicea 10.65 MW Portfolio of Solar Projects

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June 28, 2012

County of Orange and PsomasFMG Celebrate Installation of Solar Power System at 5 County Sites

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June 22, 2012

Surf City Solar Firm Turns Long Ties into Profit

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May 4, 2012

WM. S Hart Union High School District and PsomasFMG Celebrate Installation of Solar Power System at 9 Schools

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March 6, 2012

PsomasFMG and NRG Solar to Build Distributed Solar Projects in California

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November 3, 2011

Palmdale School District and PsomasFMG Celebrate Installation of Solar Power System at 18 School Sites

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October 27, 2011

Largest School – Based Solar Project in the U.S. Completed

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March/April 2011

Distributed Energy – From Possible to Probable

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February 25, 2011

The Orange County Register – 9 Site Solar Deal to Create 290 Jobs

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February 23, 2011

The Santa Clarita Valley Signal – How Solar Power is Saving Schools

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For media inquiries, contact info@pfmgsolar.com.

PFMG Solar develops highly productive, extremely cost effective solar power systems that are good for the environment. We are part of the community, involved and concerned, especially for the young students, who are learning and desire hope for their future and many generations to follow. We have evolved from merely a firm who delivers an excellent service, to a Partner who wants to contribute to the greater good For Many Generations.

Contact us:

7777 Center Ave. Suite 200

Huntington Beach, CA 92647

714.408.2982   info@pfmgsolar.com