Mubadala has acquired a minority stake in Power Factors, a California-based renewable energy software company that supports many of the world’s largest clean energy operators. The investment was made alongside existing investor Vista Equity Partners. It will support Power Factors’ continued global expansion and the advancement of its AI-powered renewable energy management platform.

Headquartered in San Francisco, Power Factors provides software that helps monitor, manage, and optimize renewable energy assets across wind, solar, and energy storage portfolios. The company supports 70% of the world’s top 50 renewable energy producers. Its platform manages more than 310 gigawatts of capacity across 18,000 sites in over 70 countries.

The investment reflects Mubadala’s continued expansion across future-focused sectors tied to energy transition, AI, and digital infrastructure. It also reinforces growing UAE investment into the US technology and clean energy ecosystem.

Why This Matters

The investment aligns with the UAE’s broader 10-year, $1.4 trillion investment commitment into the United States, announced in 2025. It also comes alongside plans to invest approximately $440 billion into energy and energy infrastructure over the same period.

Investments such as Power Factors demonstrate how UAE capital is increasingly targeting the technologies underpinning the future of energy. The focus is on the convergence of software, AI, and infrastructure to modernize global power systems while deepening the long-term UAE–US economic partnership.

“Renewable energy portfolios are becoming larger, more integrated, and more challenging to manage at scale, and our customers need a unified, intelligent platform that can support that reality,” said Julieann Esper Rainville, Chief Executive Officer of Power Factors. “This investment helps us fulfill the next step in our mission to create the world’s leading AI-driven suite of renewable energy management solutions, giving our customers what they need to succeed as their portfolios grow. Mubadala will be an excellent partner to support us as we build the future of renewable energy operations.”

Full Press Release: Mubadala Announces Acquisition of Minority Stake in Power Factors

Abu Dhabi, UAE – 6th May 2026– Mubadala Investment Company ("Mubadala"), an Abu Dhabi-based global investor, today announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners ("Vista").

Through this investment, Mubadala will enable Power Factors' continued growth, innovation, and global expansion as a leader in the renewable energy sector. Power Factors' Unity platform provides renewable energy operators with a single, unified suite for monitoring, analytics, technical asset management, and commercial asset management across their entire portfolios. The company currently supports 70% of the world's top 50 renewable energy producers, with over 600 customers across 18,000 sites in more than 70 countries, managing a total capacity of 310 gigawatts of wind, solar, and energy storage.

“Mubadala’s commitment to renewables spans more than two decades, beginning with establishing Masdar, and today’s investment in Power Factors reinforces our conviction in this increasingly vital sector.” said Abdulla Mohamed Shadid, Head of Energy and Sustainability, Private Equity at Mubadala. “As renewables portfolios scale globally, software-driven monitoring, analytics, and intelligent control become critical for optimizing performance, value and yield. We are pleased to be joining Vista in supporting Power Factors’ next phase of growth and cementing their position as the world’s leading such platform.”

The investment will support the continued advancement of the Unity REMI: Renewable Energy Management Intelligence across the entire suite of products. REMI’s AI transforms how operators understand, investigate, and act on their operational data. Funds will also accelerate Power Factors' monitoring and control capabilities for energy storage, supporting the development of energy storage systems and hybrid energy systems that provide essential services for the electric grid.

“Renewable energy portfolios are becoming larger, more integrated, and more challenging to manage at scale, and our customers need a unified, intelligent platform that can support that reality,” said Julieann Esper Rainville, Chief Executive Officer of Power Factors. “This investment helps us fulfill the next step in our mission to create the world’s leading AI-driven suite of renewable energy management solutions, giving our customers what they need to succeed as their portfolios grow. Mubadala will be an excellent partner to support us as we build the future of renewable energy operations.”

“Since our initial investment, we’ve seen Power Factors become central to how renewable energy operators run and manage their portfolios,” said Patrick Severson, Senior Managing Director and Co-Head of the Foundation Fund at Vista Equity Partners. “Mubadala brings deep experience working with global technology and infrastructure businesses. We are excited to partner with them to support continued innovation at Power Factors and advance the company’s leadership in renewable energy management.”

Renewable energy is undergoing rapid expansion globally, with the scale and complexity of portfolios increasing as operators integrate wind, solar, and energy storage across diverse geographies and grid environments. Software-enabled management platforms have become critical infrastructure for producers seeking to maximize asset performance, reduce operational costs, and meet the demands of an evolving energy system. Power Factors' integrated software, services, and hardware offerings position it as one of the most comprehensive and widely deployed solutions in the market.