By: AGBI

Abu Dhabi sovereign wealth fund Mubadala has made a minority investment in US-based Power Factors, as the developer of renewable energy management software expands globally.

Power Factors supports 70 percent of the world’s top 50 renewable energy producers, with over 600 customers across 18,000 sites in more than 70 countries. It manages capacity of 310 gigawatts of wind, solar and energy storage.

“Mubadala’s investment in Power Factors reinforces our conviction in this increasingly vital sector,” Abdulla Mohamed Shadid, head of energy and sustainability for private equity at Mubadala, said in a statement. 

As renewables portfolios scale globally, software-driven monitoring, analytics and intelligent control become critical for optimising performance, value and yield, he said.

Earlier this week Mubadala and New York-based investment company Stonepeak agreed to co-invest $300 million to build the world’s largest container-leasing platform.

Mubadala’s $385 billion portfolio spans six continents with investments in multiple sectors and asset classes.

Last month the sovereign fund said its assets under management rose by nearly one-fifth to $385 billion in 2025.