General Atlantic completed an investment in powercloud.

General Atlantic, a global growth equity firm, completed an investment in powercloud, a cloud software provider for the energy sector. Financial terms were not disclosed. "We are impressed by the strength of the powercloud team and the innovative technology developed by the company. General Atlantic plans to assist powercloud in becoming partners and supporters of the international energy industry. Plans are under way to enlarge the service offering step by step in very close cooperation with the relevant customers," Achim Berg, General Atlantic Operating Partner.