PRESS RELEASE FROM UPLIGHT
Uplight Adds New Investors Schneider Electric and Huck Capital-Led Investment Group in Deal Valued at $1.5 Billion, with Growth Capital to Accelerate the Clean Energy Ecosystem Posted Mar 03, 2021
Investment will speed development of critical software for a cleaner, more resilient and affordable grid for consumers, support Uplight’s organic and M&A-driven growth, and catalyze international expansion
Boulder, Colo. March 3, 2021 Uplight, the technology partner of energy providers transitioning to the clean energy ecosystem, announced today that it has agreed to a new investment from a consortium of investors, co-led by Schneider Electric (EURONEXT:SU), the global leader in sustainable energy solutions; AES (NYSE:AES), a global company accelerating the future of sustainable energy; and a group of private equity investors led by Huck Capital that includes Coatue and Inclusive Capital Partners Spring Fund II. Upl
New investment firm InCap invited to join board at Strategic Education
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Exxon Mobil Corporation has announced that Michael Angelakis and Jeffrey Ubben have joined its board of directors.
Angelakis is Chairman and Chief Executive Officer of Atairos, an independent strategic investment company focused on supporting growth-oriented businesses across a range of industries. Prior to founding Atairos, he served as Comcast Corporation’s Vice Chairman and Chief Financial Officer. In those roles, Angelakis led strategic planning, capital allocation and corporate development, including overseeing Comcast’s successful transition into media and other technologies. Angelakis is a non-executive director of TriNet Group, Inc. and Groupon, Inc., and is a former chairman of the Federal Reserve Bank of Philadelphia.