Financing supports 18 community solar and C&I projects across four states, with CODs in 2026-2027
Catalyze, a leading independent power producer and developer of distributed renewable energy assets, today announced the successful closing of a tax equity investment from RBC Community Investments (RBC) to support its 2026-2027 construction portfolio. The financing will support the development and construction of a 100-megawatt (MW) portfolio of solar projects across the United States.
This transaction includes 18 solar projects across New York, Illinois, California and Virginia, consisting of a mix of community solar and commercial and industrial (rooftop) solar assets. Projects included in the portfolio are currently under development and under construction, with commercial operation dates (CODs) expected between 2026 and 2027.
“This closing represents an important milestone in advancing our 2026 and 2027 development pipeline,” said Jared Haines, Chief Executive Officer of Catalyze. “Partnering with RBC enables us to efficiently scale distributed solar assets across multiple markets while reinforcing our long-term ownership strategy and commitment to delivering value to property owners, businesses, and local communities.”
“This investment reflects our confidence in Catalyze’s ability to execute at scale across multiple markets,” said Jonathan Cheng, Managing Director, RBC Community Investments. “The 100 MW portfolio represents a diversified mix of community solar and commercial solar projects that advance RBC’s longstanding commitment to the energy transition.”
This transaction expands Catalyze’s existing partnership with RBC, following an April 2025 tax equity investment to advance a 75 MW portfolio of projects, and reflects continued institutional demand for diversified, distributed solar portfolios backed by experienced developers and long-term asset owners. CRC-IB served as financial advisor to Catalyze.
Portfolio Highlights
- Total capacity financed: 100 MW
- Number of projects: 18
- Project types: Community solar and commercial & industrial rooftop solar (no battery energy storage)
- Geographies: New York, Illinois, California, Virginia
- Project status: Under development and under construction
- Expected CODs: 2026–2027
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