Catalyze Secures $85 Million Investment for Solar Projects
Deal News | May 01, 2025 | Orrick
Catalyze, a leading developer and Independent Power Producer in the renewable energy sector, has procured a substantial $85 million tax equity investment from RBC Community Investments. This investment will support the development and implementation of approximately 75 MW of commercial and industrial as well as community solar projects across the United States. Orrick provided legal representation for Catalyze during the transaction. Catalyze is known for acquiring, constructing, and managing solar and storage assets, thereby advancing the clean energy transition. This deal enhances Catalyze’s distributed generation capabilities, extending their project portfolio to 300 MW of operational and under-construction assets. Both Catalyze and RBC share a mutual dedication to expanding renewable energy solutions across various markets.
Sectors
- Renewable Energy
- Investment & Finance
Geography
- United States – Catalyze's solar projects are distributed across the U.S., where the tax equity investment from RBC is to be utilized.
Industry
- Renewable Energy – The core focus of Catalyze's operations is on renewable energy projects, especially solar and storage assets, contributing to the clean energy transition.
- Investment & Finance – The article highlights a significant tax equity investment made by RBC Community Investments to support Catalyze's energy expansion efforts.
Financials
- $85 million – The amount of tax equity investment provided by RBC to Catalyze.
- 75 MW – The capacity of new solar projects to be constructed with the tax equity investment.
- 300 MW – The total capacity of Catalyze's project portfolio in operation and construction after the new investment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catalyze | Target Company | Company | Develops and manages distributed renewable energy assets aimed at transitioning to clean energy. |
| RBC Community Investments | Investor | Company | Provides tax equity financing to support energy solutions, in this case funding Catalyze's solar projects. |
| Orrick | Legal Advisor | Company | Provided legal advisory services to Catalyze for this tax equity transaction. |
| Jared Haines | CEO of Catalyze | Person | Oversees the strategic direction and operations of Catalyze in its mission to expand renewable energy projects. |