Catalyze Secures 100 MW Tax Equity Financing from RBC for U.S. Distributed Solar Portfolio

Catalyze has shared an update.

The company announced it has closed a 100 MW distributed solar tax equity financing with RBC Community Investments. The capital will fund the development and construction of 18 community solar and commercial and industrial rooftop solar projects across New York, Illinois, California, and Virginia, with commercial operation dates expected between 2026 and 2027. The transaction is positioned as a step in scaling Catalyze’s distributed solar portfolio under a long-term ownership model.

For investors, the deal signals an expansion of Catalyze’s project pipeline and potential future contracted revenue from long-lived solar assets. Securing tax equity from a large institutional investor such as RBC Community Investments supports the bankability of the company’s projects and could improve financing visibility for future developments. The geographic diversification across multiple U.S. states may mitigate regulatory and market concentration risk, while the focus on community and C&I solar aligns with policy tailwinds favoring distributed generation. Execution risk remains around project development, interconnection, and achieving targeted CODs in 2026–2027, but successful deployment of this 100 MW portfolio would strengthen Catalyze’s position in the U.S. distributed solar and community solar markets and may enhance its attractiveness to additional capital providers and strategic partners.