Catalina Energy Capital is a renewable energy investment bank with a mission to accelerate the energy transition by creating capital solutions for debt and equity markets, mergers and acquisitions, climate technology, power purchase agreements and tax credits.
Dan Rittenhouse, who founded the bank in July 2023, explained pv magazine USA that the company raises capital at the corporate and project level, spanning early, mid and late stage renewables.
The bank has already closed three deals. One of these is that of SolarStone Ltd., which advised the bank on the sale of a solar and storage portfolio totaling 500 MW.
The bank also arranged a $130 million business raise for Novel Energy Solutions, a Midwest-based solar and storage developer, from a $40 billion global asset manager.
A seven-figure equity and debt raise was also completed for Solar Collective, a commercial and industrial solar developer, from family office Current Equity Partners.
To read further, visit our pv magazine USA website.
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