Alzaro Energy
Investment Fund 6 · 2026 Vintage · Smart Grid Technology

Smart Grid Technology

Smart grid technology, energy management software, and energy trading and risk management platforms. — targeting a net IRR of 13–18% across contracted, operator-led energy assets.

$7.32B
Fund Size
13–18%
Net IRR Target
$2M
Minimum Commitment
In Formation
Deployment Status
Strategy

Investment thesis

Fund 6 invests in smart grid technology, energy management software, and energy trading and risk management platforms that make the physical grid more efficient and more valuable. We underwrite to recurring, contracted software and services revenue from utility and commercial customers, favoring platforms with high switching costs and multi-year deployment contracts. The fund's energy trading and risk management capability also supports portfolio-wide optimization across Alzaro's contracted generation and storage assets.

Coverage

Target asset types

  • Distributed energy resource management systems (DERMS) and ADMS
  • Grid monitoring, protective relaying, and automation technology
  • Energy management software for utility and commercial customers
  • Energy trading and risk management platforms
Sample deal profile

Metroplex Grid Analytics Platform

A DERMS and grid analytics deployment across a regional utility's distribution territory, contracted under a multi-year software and services agreement with recurring subscription revenue.

Representative, illustrative profile of the asset type this fund targets. Not an offer, commitment, or existing holding.

Fees & terms

Vehicle summary

VehicleDelaware limited partnership
Preferred return8% compounded annually
Carried interest20% above 8% pref (100% GP catch-up)
Fund term12–15 years + two 1-year extensions
Investment period5–6 years
Minimum LP commitment$2 million
GP commitment2% of total fund commitments
Distribution waterfallEuropean (whole-fund)
Fund administratorIndependent third-party administrator (to be appointed)
AuditorPricewaterhouseCoopers LLP
Legal counselLepore Law Group
We size each fund to the durability of its cash flows, not the appetite of the moment. Concentration follows conviction, and conviction follows underwriting.
Alzaro Energy Investment Committee

Talk to our investor relations team

For fund materials, capital account information, and partnership inquiries, reach Alzaro Energy directly.

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