Catalyze Secures $85 Million Tax Equity Investment From RBC To Grow Distributed Energy Portfolio

0
308

Catalyze, a fully integrated developer and Independent Power Producer (IPP) specializing in distributed renewable energy assets, has secured an $85 million tax equity investment from RBC Community Investments. The funding will support the construction and completion of approximately 75 MW of commercial and industrial (C&I) and community solar projects across the United States, scheduled for delivery in 2025.

This investment strengthens Catalyzeโ€™s position in the distributed generation sector and highlights its ongoing ability to secure significant tax equity financing. The companyโ€™s development pipeline now includes 300 MW of projects either operational or under construction. The transaction also deepens Catalyzeโ€™s partnership with RBC, reflecting a shared goal of scaling renewable energy deployment nationwide.

Jared Haines, CEO of Catalyze, stated, โ€œRBC is a valued financing partner, and we are pleased to further expand our relationship with this latest investment. This financing enables us to further our mission to bring scalable distributed generation projects to businesses and communities nationwide.โ€

Also Read  DEWA Highlights Clean Energy Leadership While Hosting Global SDG Delegation

Jonathan Cheng, Managing Director at RBC, also added, โ€œRBCโ€™s investment in this portfolio demonstrates our commitment to advancing clean energy solutions within local communities. We are excited to partner with Catalyze on the strategic deployment of these and future projects.โ€

RBCโ€™s investment will enable Catalyze to expand its footprint in the distributed solar market, delivering clean energy solutions to a broad range of stakeholders, including property owners, businesses, and local communities. The companyโ€™s continued growth is backed by its private equity sponsors, EnCap Investments and Actis, who remain committed to supporting Catalyzeโ€™s long-term strategy in accelerating the transition to renewable energy across the country.


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.