Transaction Overview

Aetherium is advising GreenGrid Energy Solutions on a PIPE capital raise in connection with its planned de-SPAC merger with a U.S.-listed blank check company. GreenGrid operates a distributed energy management platform that optimizes solar and battery storage systems for commercial and industrial customers across the Philippines and Indonesia, managing over five hundred megawatts of renewable capacity.

Deal Structure

The proposed transaction values GreenGrid at three hundred and ten million dollars, with Aetherium arranging a one hundred and twenty million dollar PIPE commitment to supplement trust proceeds. The PIPE syndicate includes infrastructure-focused institutional investors, a Southeast Asian sovereign wealth fund, and strategic investors from the renewable energy sector. Aetherium has structured the investment with tiered pricing and registration rights designed to attract long-term holders.

Strategic Rationale

The Philippines and Indonesia together represent one of the fastest-growing renewable energy markets in the world, with combined government targets exceeding one hundred gigawatts of installed renewable capacity by 2035. GreenGrid’s software platform enables commercial customers to optimize energy consumption, reduce costs, and meet sustainability reporting requirements. A NASDAQ listing through a SPAC merger provides GreenGrid with access to growth capital at a scale not currently available through Southeast Asian private capital markets.

Current Status

The transaction is in advanced stages, with the definitive agreement executed and the proxy statement under SEC review. Aetherium is coordinating with legal counsel on cross-border regulatory approvals and preparing for the shareholder meeting, which is expected to be held in the coming quarter.