Exowatt selects DG Matrix's Interport for modular P3 generation and storage systems

Supply Agreement Solar announced Feb 18, 2026

USD60M

Deal Value

Exowatt selected DG Matrix’s Interport as the preferred power-conversion platform for its modular P3 generation and storage systems for hyperscale data centers.

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Counterparts (3)

supplier

Sabanci Climate Ventures

Sabancı Climate Ventures focuses on investments in climate technologies and sustainable infrastructure projects. They aim to drive the energy transition and contribute to a more sustainable future.

DG Matrix is an advisory firm focused on the infrastructure sector. They provide services related to project finance, M&A, and strategic consulting.

Developer

Exowatt is focused on developing and deploying advanced energy solutions. They aim to accelerate the transition to a sustainable energy future through innovative technologies and strategic partnerships.

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Source Intelligence

KEY DETAILS

DG Matrix's total capital raised to over $100 million: "This milestone brings DG Matrix’s total capital raised to over $100 million, accelerating the company’s mission to transform power infrastructure for AI data centers and mass electrification."

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Deal Size

DG Matrix Closes $60 Million Series A to Scale Next-Generation Power Infrastructure for AI and Electrification

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Announcement

DG Matrix, the global leader in solid-state transformer solutions, today announced the close of its $60 million Series A funding.

PARTIES MENTIONED IN SOURCE

D

DG Matrix seller

"DG Matrix, the global leader in solid-state transformer solutions, today announced the close of its $60 million Series A funding."

E

Engine Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

H

Helios Climate Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

M

Mitsubishi Heavy Industries, Ltd. investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

F

Fine Structure Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

M

MCJ investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

S

Sabanci Climate Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

A

ABB investor

"All existing investors committed new capital in this round, including ABB, the global technology leader in electrification and automation."

E

Exowatt buyer

"The company recently announced a strategic partnership with Exowatt, the next-generation renewable-energy company backed by a16z and Sam Altman, to deploy gigawatt-scale, behind-the-meter power systems for hyperscale data centers."

P

PowerSecure N/A

"Additionally, DG Matrix was named to the 2026 Global Cleantech 100 and announced a strategic collaboration with PowerSecure, a subsidiary of Southern Company, to deliver next-generation energy systems nationwide."

high quality Enriched Feb 19, 2026

Timeline

Announced

Feb 18, 2026

Signed

Closed

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Source

www.morningstar.com

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