Mubadala takes minority stake in Power Factors
The deal unites Abu Dhabi’s sovereign investor with existing backer Vista Equity Partners to accelerate the renewable energy software firm’s global expansion and product development.
Buyer
Mubadala
- Target
- Power Factors
- Deal type
- Platform
- Sector
- Energy
Renewable energy management platform Power Factors is adding Abu Dhabi sovereign fund Mubadala as a minority investor, joining existing majority owner Vista Equity Partners.
The investment is aimed at scaling the company’s AI-driven portfolio management suite and expanding its monitoring and control capabilities internationally.
Power Factors’ Unity Renewable Energy Management Suite supports over 600 customers across 18,000 sites in more than 70 countries, managing 310 gigawatts of wind, solar, and energy storage assets.
The company’s footprint covers 25 percent of the world’s renewable energy data in its served markets, and it counts 70 percent of the globe’s top 50 renewable energy producers as clients.
Central to its offering is Unity REMI, a purpose-built intelligence engine that delivers agentic optimization to improve performance and returns across portfolios.
Mubadala, which manages a roughly $385 billion global portfolio, has been active in renewables since launching Masdar nearly two decades ago.
Abdulla Mohamed Shadid, Head of Energy and Sustainability for Private Equity at Mubadala, said the partnership reinforces the fund’s conviction in the energy transition and the critical role of software-enabled analytics as renewable portfolios grow in scale and complexity.
Vista Equity Partners originally invested in Power Factors to help it become a core operational tool for renewable energy operators.
Patrick Severson, Senior Managing Director and Co-Head of the Foundation Fund at Vista, said Mubadala brings deep expertise with global technology and infrastructure businesses and will support continued innovation at the company.
Power Factors plans to use the new capital to further embed Unity REMI across its product suite and meet rising demand driven by the growth of utility-scale energy storage and hybrid systems.
The transaction is expected to advance the company’s position as one of the largest independent software platforms in renewable energy management.