PearlX Infrastructure LLC
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PearlX Infrastructure LLC - overview
Established
2019
Location
Charlottesville, VA, US
Primary Industry
Energy Storage & Batteries
About
Based in Virginia, US, and founded in 2019, PearlX infrastructure LLC operates as a solar amenity provider that offers solar batteries to rented tenants which helps them earn. The company was founded by Pete Mendonez Jr. In September 2022, PearlX Infrastructure LLC raised USD 5 million in venture funding. As of 2022, the company is led by its CEO Michael Huerta.
It delivers energy resilience and independence to subscribers and offers them to build an income stream by offering them a solar energy battery as both a grid asset and a community storage asset. The advanced software for grid services enables behind-the-meter VPPs which help in receiving and responding to onsite and grid level signals.
Current Investors
Lombard Odier
Primary Industry
Energy Storage & Batteries
Sub Industries
Power Generation Equipment & Services, Electric Utilities, Solar Power
Website
www.pearlx.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
PearlX Infrastructure LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | PearlX Infrastructure LLC | - |
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