Catalyst Power and Connecticut Green Bank Partner to Advance Commercial Solar Deployment Across Connecticut

Catalyst Power ("Catalyst," "Company"), an independent integrated provider of retail power and cleaner energy solutions for the commercial and industrial sector, and the Connecticut Green Bank announced the successful financing of a five-site distributed solar portfolio totaling 1,025 kW-DC across Hartford and Trumbull, Connecticut. Comprised primarily of sub-200 kW projects on commercial building rooftops, the portfolio represents a market segment that faces higher fixed transaction costs—engineering reviews, underwriting, and project structuring—that can make projects difficult to advance through traditional financing. Once complete, the portfolio is expected to avoid more than 500 metric tons of carbon emissions equivalent each year.

"The Connecticut Green Bank’s work is critical to maintaining momentum for commercial solar in the state. This size of project is becoming increasingly difficult to deploy as project economics face growing pressure from rising costs, financing complexity, and federal incentive volatility," said Gabriel Phillips, CEO of Catalyst Power. "The Connecticut Green Bank's ability to work with commercial energy providers like Catalyst allows us to continue to scale commercial clean energy infrastructure –and serves as a model for future clean energy investments in the state."

"This partnership reflects our mission to accelerate investment into Connecticut's green economy," said Bert Hunter, Executive Vice President and Chief Investment Officer, Connecticut Green Bank. "By working with private sector partners like Catalyst Power, we can help reduce barriers to deployment, attract private capital into the state, and support scalable clean energy development that benefits local communities."

The Catalyst Power Connecticut Green Bank partnership focuses on improving process efficiency through standardized engineering, streamlined diligence, and purpose-built workflows designed specifically for distributed energy projects.

Catalyst Power | www.catalystpower.com

Connecticut Green Bank | www.ctgreenbank.com