Power Factors

Power Factors is a developer of a comprehensive clean energy asset management platform that aims to facilitate the global transition to renewable energy. The company's integrated suite of software solutions, including Drive, Greenbyte, BluePoint, and Unity, empowers stakeholders in the renewable energy sector to collaborate and automate essential workflows, enabling informed decision-making. By leveraging advanced analytics and machine learning, Power Factors helps clients optimize the performance and value of their portfolios, which encompass a wide range of renewable assets such as wind, solar, hydro, and energy storage. With nearly 200 gigawatts of assets managed globally, Power Factors positions itself as a leading provider of cloud-based asset performance management services, focusing on reducing the levelized cost of renewable energy while enhancing operational efficiency.

Julieann Rainville

CEO

4 past transactions

Inaccess

Acquisition in 2022
Inaccess is a London-based company established in 2000 that specializes in designing, developing, and implementing infrastructure monitoring and control systems primarily for energy and telecommunications applications. The company offers a range of products, including InSolar, a vendor-independent solution for centralized management of utility-scale solar plants, which facilitates accurate fault recognition and real-time performance monitoring to enhance operational efficiency and yield. Additionally, Inaccess provides InSite, a platform that enables telecom operators and broadcasters to effectively manage both modern and legacy electromechanical systems at remote sites, resulting in reduced operating costs and improved network reliability. With operations in the United States, Italy, India, and Japan, as well as a research and development center in Athens, Greece, Inaccess is committed to delivering advanced infrastructure management solutions that optimize performance and maximize customer investments.

3megawatt

Acquisition in 2021
3megawatt is a company specializing in renewable asset management software designed to support fund and asset managers in the solar energy sector. Its primary product, BluePoint, is a comprehensive cloud-based solution that addresses various aspects of solar portfolio management, including contract and compliance management, claim administration, project company administration, and financial performance reporting. BluePoint enables users to efficiently manage over 1,100 operational commercial, industrial, and utility-scale solar plants globally, exceeding a combined capacity of 2 Gigawatts. By automating and enhancing the control of the entire asset lifecycle, 3megawatt's software aids asset managers in saving time, improving operational efficiency, and mitigating portfolio risk.

Greenbyte

Acquisition in 2021
Greenbyte AB, established in 2008 and headquartered in Gothenburg, Sweden, specializes in developing and operating a cloud-based software platform for wind and solar energy stakeholders. The company's core business involves providing management systems for wind farms and solar photovoltaics, along with a wind resource monitoring system, to help owners and operators maximize power output and asset potential.

Ekhosoft

Acquisition in 2016
Ekhosoft is a software company specializing in operational performance management solutions. It provides cloud-based software that monitors high-volume data sets from various industries such as wind and solar facilities, pulp and paper, mining and minerals, chemicals, and oil and gas. The software collects real-time data from control systems and integrates it with business systems and web data to deliver key insights into operations. This enables clients to improve production efficiency by identifying performance issues and areas for improvement. Ekhosoft's solutions are configurable and can be adapted to an organization's specific needs, with a fast installation process that requires no software development. The company has successfully implemented its solutions in hundreds of organizations across North and South America, Europe, Scandinavia, the Asia Pacific region, and China.
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