OhmConnect Raises Infrastructure Funding for 550MW ‘Power Plant’ of Home Demand Flexibility

By [email protected] A $100 million investment in residential demand response is redefining what “infrastructure” can be.

Infrastructure funds typically invest in tangible things, involving steel and concrete. More recently, they have ventured into new items, like distributed batteries in commercial real estate, as with Stem and AMS.

But startup OhmConnect just closed a deal with Sidewalk Infrastructure Partners, a firm backed by Alphabet and the Ontario Teachers Pension Plan, that pledges to temporarily reduce home electricity consumption.

The deal allocated $80 million to provide residents of California with free controllable devices like smart plugs and smart thermostats. OhmConnect will dispatch the fleet of connected

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