Catalyze, a leading Independent Power Producer (IPP) and developer of distributed renewable energy assets, has secured a $400 million multiyear debt facility from ATLAS SP Partners. The financing will support the expansion of Catalyze’s solar and battery storage projects across the United States.

The facility provides Catalyze with financial flexibility to scale its commercial and industrial, community solar, and battery storage portfolio. The company currently has 300 MW in operation and construction, with an additional 1 GW+ in development.

“This facility is a critical milestone for Catalyze in our strategy to scale distributed renewable energy solutions,” said Jared Haines, CEO of Catalyze. “It will enable us to double in size by the end of the year.”

Can Baysan, Managing Director at ATLAS, highlighted the firm's commitment: “With our expertise in solar asset-backed financings, we provided Catalyze with added flexibility to help execute its expansion goals.”

Catalyze’s growth continues to be backed by EnCap Investments and Actis, supporting its mission to advance the clean energy transition.