Catalyze Secures $85 Million Tax Equity Financing from RBC to Fund 75MW of Solar Projects
Catalyze, an integrated developer and Independent Power Producer (IPP) of distributed renewable energy properties, has obtained an $85 million tax equity investment from RBC Community Investments. The financing will be used to construct and commission around 75 megawatts (MW) of commercial and industrial (C&I) and community solar projects throughout the...
Zero Industrial Raises $10 Million to Advance Clean Industrial Heat Solutions
Zero Industrial, Inc., a US-based developer focused on decarbonizing industrial heating through thermal energy storage (TES) systems, has raised $10 million in a recent funding round. The investment was led by Evok Innovations, with additional support from Rusheen Capital Management. Ted Kniesche, co-founder and CEO of Zero Industrial, said, “We...
Actis Acquires Stride, Expanding Solar Portfolio in India
Actis, a global sustainable infrastructure investor, has acquired a 100% equity interest in Stride Climate Investments (Stride), an Indian solar generation asset portfolio. The deal grants Actis ownership of Stride's 371MW portfolio of 21 solar projects located in seven states, primarily in Gujarat.Expanding Solar Footprint in IndiaThe Stride portfolio has...
ADQ and Energy Capital Partners to Launch $25B Partnership for Data Center Power Generation
ADQ, one of the premier sovereign investors in critical infrastructure and global supply chains, has joined forces with Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the US, to form a 50-50 joint venture to develop new-build power generation and energy infrastructure opportunities. It...