Catalyze Closes 100 MW Distributed Solar Tax Equity Financing with RBC

Financing supports 18 community solar and C&I projects across four states, with CODs in 2026-2027

Houston, Texas [January 26, 2026] – 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

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. Catalyze is accelerating the clean energy transition through deployment of solar and storage assets across community solar, C&I, and public sector verticals. With proprietary technology, financial strength, and in-house expertise, Catalyze originates, acquires, builds, owns, and operates distributed renewable energy assets that help property owners, businesses, and communities unlock long-term value.

Catalyze delivers clean energy solutions that enable partners to optimize the performance of their real estate assets, enhance energy resilience, decarbonize operations, and achieve enterprise goals.  Its proprietary technology, REenergyze®, streamlines the origination-to-operations process, driving the rapid deployment of renewable energy infrastructure.

To learn more, visit www.catalyze.com.

About RBC Community Investments

RBC Community Investments is a leading syndicator of Renewable Energy Tax Credits, Low Income Housing Tax Credits, Workforce Housing Investments, Historic Tax Credits, and State Tax Credits. By creating well-structured investments, our team of experienced professionals craft equity solutions that help drive the successful development of affordable multifamily communities and renewable energy projects nationwide. As of January 2026, our team of over 145 professionals has raised over $21.9 billion in equity with 121 institutional investors.

To learn more, visit www.rbccm.com/communityinvestments.

About EnCap

Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the U.S. energy industry. The firm has raised 25 institutional investment funds totaling approximately $47 billion and currently manages capital on behalf of more than 350 U.S. and international investors. Founded in 2019, the EnCap Energy Transition platform is led by three Managing Partners, each with 30-35 years of experience in the development and operations of renewables and power generation. For more information, please visit www.encapinvestments.com.

About Actis

Actis is a leading global investor in sustainable infrastructure, seeking to deliver competitive returns for institutional investors and measurable positive impact for the countries, cities and communities in which it operates. Actis invests in structural themes that aim to support long-term, equitable growth in defensive, critical infrastructure across energy transition, digitalisation transition, and supply chain transformation.

Actis believes that the firm’s decades of global experience, operational know-how and strong culture allows it to create global sustainability leaders at scale. Actis is a signatory to the Principles for Responsible Investment (PRI), an investor initiative supported by the United Nations.

You can learn more about Actis at www.act.is.