NEW YORK, May 16, 2016 /PRNewswire/ -- J. Scott Perry, Paul Hamilton and Walker Mygatt have announced the formation of V3 Commodities Group, LLC. As founding members of VMAC LLC and Vantage Commodities, Perry and Hamilton are veteran innovators in structured energy finance. Mygatt brings his years of leadership in the power sector at Constellation to the team.
Perry said "We look forward to serving the evolving capital and supply requirements of the deregulated retail power and natural gas sector. We have the best team in the sector teed up to deliver value to retailers and to owners of generation and gas production."
Hamilton noted that "the market is evolving beyond just providing capital. V3 is focused on delivering a comprehensive and transparent transfer of risk along with capital support." Mygatt's leadership in developing sophisticated load serving products is bolstered by the team of energy product structuring experts he brings with him. Says Mygatt, "Retailers can focus on marketing if they've got a trustworthy partner assisting them in risk management and transfer".
V3 has offices in New York and Baltimore, and will open a Houston office in Q3, 2016.
V3 serves the deregulated retail energy sector throughout North America, providing physical power and natural gas supply along with associated credit support facilities and operational support. V3 also provides pricing and risk management services, as well as M&A services related to the acquisition and disposition of retail sector assets.
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SOURCE V3 Commodities Group, LLC