Announced
Completed
Financials
Sources
Tags
Private Equity
Single Bidder
Domestic
Private
United States
smart grid infrastructure systems
Acquisition
Majority
Completed
Renewable Energy Equipment
Friendly
Synopsis
Antin, a private equity firm, completed the investment in PearlX, an owner and operator of fully integrated smart grid infrastructure systems, provides an innovative solution that decarbonizes existing multi-family rental properties and provides residents with cheaper, cleaner, and more reliable energy. Financial terms were not disclosed. “Antin’s investment in PearlX along with our management team’s experience in renewable energy and community solar provides a world-class foundation for our shared vision of smart grid infrastructure platforms. We are excited to partner with Antin to scale our solution and deliver cleaner, resilient, and more accessible energy solutions to additional middle-to-lower income rental communities,” Michael Huerta, PearlX Co-Founder and CEO.
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