Santander Alternative Investments Boosts Corinex's Global Network Solutions

In a strategic move to enhance digital infrastructure, Corinex, a global leader in smart grid technologies and broadband over power line (BPL) solutions, has secured an investment from Santander Alternative Investments. This partnership promises to accelerate the deployment of advanced network solutions, addressing the pressing challenges faced by utilities in both Europe and America.

The Significance of the Investment

Corinex's CEO, Peter Sobotka, remarked on the monumental importance of this investment, emphasizing Santander's extensive experience in European and Latin American markets. He stated that their partnership is pivotal in scaling Corinex's technology to meet the increasing demands for electrification and decarbonization.

The funding will facilitate Corinex in further integrating their next-gen network digitalization solutions, which transform existing power infrastructure into a high-speed data network. By employing smart sensors and communication modules directly within low-voltage electrical networks, Corinex enables utilities to gather detailed data regarding network conditions, including voltage, frequency, power quality, and harmonic distortion, all without the need for separate telecommunications infrastructure.

Transforming Electrical Networks

Rather than merely monitoring network performance, Corinex's solutions empower utilities with the capabilities to control connected devices. This includes electric vehicle chargers, heat pumps, and battery systems. By automating demand response directly from the secondary substation, Corinex's technology can intelligently manage when and how these carbon-reducing technologies draw power. The potential outcome? Enhanced grid stability and avoidance of costly infrastructure upgrades.

In essence, Corinex's solutions not only provide utilities with demand responses but also grant them command over this demand. This unlocks new capabilities for improving grid resilience, lowering operational costs, and postponing expensive infrastructure upgrades.

Meeting the Growing Demand for Flexible Smart Grids

The investment from Santander will bolster Corinex’s ability to rapidly scale its digitalization solutions, designed to help utilities overcome local network constraints by providing full visibility and direct control over energy demand at the network's edge. These solutions are essential for enabling widespread consumer participation in the decarbonization movement.

As the adoption of electric vehicles, heat pumps, and rooftop solar continues to grow, Corinex equips utilities with tools to manage this new complexity in real-time. This active management helps alleviate pressure on the grid and delays the need for costly infrastructure upgrades. With a robust portfolio of interoperable products and a solid foothold among leading utility companies, Corinex significantly contributes to cultivating a more resilient, flexible, and digitally connected energy system.

About Corinex

Corinex has established itself as a key player in BPL technology, specializing in solutions that provide visibility and flexibility within the network. Utilizing the G.hn standard, Corinex enables utilities to transmit high-velocity data over existing power lines, thereby diminishing the requirement for expansive telecommunications infrastructure. Their solutions have been successfully deployed in large-scale projects across Europe to enhance the integration of renewable energies and address the expanding infrastructure demand for electric vehicle charging.

About Santander Alternative Investments

Part of Santander Asset Management, Santander Alternative Investments SGIIC focuses solely on alternative investments, boasting nearly €3 billion in commitments across private debt, real estate, infrastructure, and renewable energy strategies, as well as funds of funds. The firm employs around 70 individuals, 30 of whom comprise the investment teams. As of June 30, 2025, Santander is poised to expand its investment footprint while driving innovation in energy management through strategic partnerships with companies like Corinex.

For more information, you can contact:
Phone: +1 (604) 692-0520
Email: [email protected]
Website: www.corinex.com
Address: 1090 W Georgia St #900, Vancouver, BC, V6E 3V7

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