Antin Infrastructure Partners has invested in a majority stake in PearlX, a smart-grid clean-electrification company that owns and operates renewable-energy infrastructure.
PearlX is the first mover of scale of smart-grid infrastructure in the U.S. multifamily residential housing segment. The company provides a solution that combines rooftop solar panels, communal battery storage and community electrification to decarbonize existing multifamily rental properties, providing residents with cheaper, cleaner and more reliable energy.
This is the first U.S investment of Antin’s NextGen platform.
The investment will be deployed to execute on a robust pipeline of solar and storage systems and continue to expand electrification offerings to underserved multifamily rental communities in California, Texas and across the United States.
“Antin’s investment in PearlX, along with our management team’s experience in renewable energy and community solar, provides
