A fund managed by Pearl Infrastructure Capital has acquired a majority stake in Energy Pool through a capital increase valued at “tens of millions of euros”.
Pearl Infrastructure Capital II has acquired the unspecified majority stake in Energy Pool, a provider of software solutions and services managing and optimising energy systems.
Pearl II is a private equity fund dedicated to the energy transition and the circular economy in Europe. It completed its final closing in July 2025 with €311m in commitments.
The latest transaction marks Pearl II’s fourth investment and extends its portfolio, which already includes industrial renewable energy assets into the area of energy flexibility and optimisation.
Jean-Christophe Guimard, co-founder and CEO of Pearl Infrastructure Capital, a partner member of Edmond de Rothschild Private Equity, said: “After investing with our first fund in renewable electrical and thermal energy production assets that can be controlled to mitigate the growing effect of intermittency on European networks, Energy Pool strengthens our portfolio by combining technological expertise, in-depth knowledge of industrial needs and capacity for innovation – all key assets for meeting the challenges of flexibility, energy efficiency and industrial decarbonisation.
“This investment also enables us to position ourselves in the field of storage, an important area of development for Energy Pool.”
Olivier Baud, founder and chairman of the supervisory board and second shareholder of Energy Pool, said: “This transaction marks a major milestone for Energy Pool.
“It secures the future of our company, broadens its prospects and strengthens its development capacity, while preserving its mission to successfully meet the challenge of decarbonising energy in a viable manner and consolidating the fine values that make it unique. It is a real satisfaction to have achieved this partnership, which will further project the company I founded 16 years ago onto European markets and beyond.”
Christophe Nebon, CEO of Energy Pool, said: “This investment marks a key milestone in our journey. The support of Pearl Infrastructure Capital II will enable us to accelerate our growth, intensify our technological innovations and pursue our international development, particularly in Europe.
“Together, we will create more value for our customers, thereby helping to make energy and energy systems more flexible, and therefore more efficient and resilient, for the benefit of a sustainable energy transition.”
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