Oaktree Capital Management has agreed to sell Power Factors to Vista Equity Partners
Power Factors is the global leader in renewable energy asset performance management software. The company provides owners and operators of renewable energy assets with mission-critical enterprise software for asset performance management, commercial asset management, workflow management and analytics. Power Factors provides scalable, reliable performance management solutions to over 200 utility-scale owners, operators and independent power producers, and manages over 110 gigawatts of wind, solar and energy storage assets worldwide. Power Factors’ flagship software platforms, Drive, Greenbyte and 3megawatt’s BluePoint, help customers manage complex portfolios of renewable energy assets, optimize revenue and energy output and reduce manual service and monitoring costs.
Lincoln acted as a financial advisor to Oaktree Capital Management and Power Factors in the transaction.
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