This article presents an antiwindup propor- tional-integral (PI) controller, using a saturating integrator, for a single-input and single-output (SISO) stable nonlinear plant, whose steady-state input–output map is increasing. We prove that, under reasonable assumptions, there exists an upper bound on the controller gain such that for any constant reference input, the corresponding equilibrium point of the closed-loop system is exponentially stable, with a “large” region of attraction. When the state of the closed-loop system converges to this equilibrium point, then the tracking error tends to zero. The closed-loop stability analysis employs Lyapunov methods in the framework of the singular perturbations theory. Finally, we show that if the plant satisfies the asymptotic gain property, then the closed-loop system is globally asymptotically stable for any sufficiently small controller gain. The effectiveness of the proposed PI controller is proved by showing how it performs as part of the control algorithm of a synchronverter (a special type of dc to ac power converter).