Catalyze secures $85 million in tax equity investment from RBC to advance solar projects in the United States

Catalyze has secured an $85 million tax equity investment from RBC to support the development of 75 MW of commercial and community solar projects across the United States by the end of 2025.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Catalyze, a fully integrated developer and Independent Power Producer (IPP) based in the United States, announced on April 16, 2025, that it had secured an $85 million tax equity investment from RBC Community Investments (RBC). The funding will be used to finance the construction of 75 MW of commercial and community solar projects across the country by the end of the year. This transaction marks an important milestone for Catalyze as it continues to expand its distributed energy generation portfolio.

Strategic partnership for renewable energy

This financing strengthens Catalyze’s position in the renewable energy sector, leveraging a long-standing relationship with RBC. The company, which currently has 300 MW of projects in operation or under construction, is receiving crucial financial support to complete new solar installations. “RBC is a valued financial partner, and we are pleased to expand our relationship with this latest investment,” said Jared Haines, CEO of Catalyze.

Deployment of distributed energy solutions

The projects supported by this investment will involve solar installations aimed at businesses and local communities, contributing to the growth of clean energy solutions in the United States. According to Jonathan Cheng, Managing Director at RBC, “This investment demonstrates our commitment to promoting clean energy solutions within local communities.” The projects aim to meet the growing demand for renewable energy in the commercial and industrial (C&I) sector, while also offering sustainable solutions for residential and commercial properties.

RBC is positioning itself as a key player in the financing of the energy transition, supporting initiatives that reduce the carbon footprint while generating sustainable financial returns for investors.

A court in Illinois has dismissed a lawsuit filed against ECA Solar, removing legal barriers to the construction of a planned solar facility outside the city limits of Morris.
Mitsubishi HC Capital Energy and Ecokaku will develop 10 MW of non-subsidised solar power plants annually in Japan, targeting direct contracts with industrial buyers through long-term power purchase agreements.
Canadian company NU E Power plans to fund the development of its solar projects in Lethbridge and feasibility studies in Mongolia, Malaysia, and Africa through a $1.8mn private placement.
Citicore Renewable Energy Corporation signed a PHP3.975bn ($71mn) project finance loan with Bank of the Philippine Islands to accelerate the completion of its 113MW solar power plant in Pangasinan province.
U.S. clean energy capacity growth hits quarterly record, but industry players raise concerns over a slowing market amid regulatory instability.
Norwegian producer Scatec launches commercial operation of its 273 MW solar plant in Western Cape under a 20-year power purchase agreement.
Scatec has signed two shareholder agreements for its 1.1GW hybrid project in Egypt, reducing its economic interest while retaining operational control.
The French subsidiary of Solarwatt has filed for court-ordered restructuring, hit by reduced public subsidies and a downturn in the residential solar segment.
Zelestra sells its Latin American platform to Promigas, including 1.4 GW of operational or under-construction assets and 2.1 GW of advanced-stage projects in Chile, Peru and Colombia.
Over 140 solar sector companies have urged Congress to lift a directive from the Department of the Interior blocking permit approvals, putting hundreds of energy projects in the United States at risk.
Un terminal portuaire en Espagne alliera réfrigération industrielle haute performance et production solaire pour optimiser les coûts énergétiques et les capacités logistiques de PTP Ibérica, avec un démarrage prévu d’ici mi-2026.
Toshiba’s subsidiary commits to acquiring non-fossil certificates from a floating solar power plant operated by OTS in Japan, under a virtual power purchase agreement coordinated by Digital Grid.
Terra-Gen has closed $383.3mn in financing for the construction of its Lockhart III and IV solar units, adding 205 MW to California’s grid with commercial operations expected in 2026.
US developer Ecoplexus has closed a $300mn financing deal with KKR and SMBC to support over 13GW of solar and storage projects under development across the country.
EDP will supply 30% of Carrefour Polska’s energy needs through a PPA combining solar and wind, marking a step forward in the development of renewable capacity in Poland.
French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.
Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.