---
title: Catalyst Power and Connecticut Green Bank Partner to Advance Commercial Solar Deployment Across Connecticut
description: Catalyst Power and the Connecticut Green Bank team up to finance a new solar portfolio, enhancing commercial solar deployment and reducing emissions in Connecticut.
image: https://blog.catalystpower.com/hubfs/Untitled%20design%20-%202024-08-29T192543.008.jpg
---

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

[ Catalyst Power ](https://blog.catalystpower.com/more-power-to-you/author/catalyst-power) •  June 16, 2026

***Five-site distributed solar portfolio totaling 1,025 kW-DC is expected to avoid more than 500 metric tons of emissions  annually    
*****

HARTFORD, CT. June 16, 2026 — [Catalyst Power](https://catalystpower.com/) ("Catalyst," "Company"), an independent integrated provider of retail power and cleaner energy solutions for the commercial and industrial sector, and the [Connecticut Green Bank](https://www.ctgreenbank.com/) today 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.

**About Catalyst Power**

[Catalyst Power](https://catalystpower.com/) is an energy supplier helping commercial and industrial customers reduce energy costs and enhance budget certainty. Its offering is built around a blended supply model that combines onsite generation from energy-producing assets it builds, owns, and operates at customer sites with market-based retail electricity. Operating across deregulated markets in the Northeast, Mid-Atlantic, and Midwest, Catalyst serves customers in 11 states and 33 utility territories and continues to expand its footprint. The company is backed by DRW Holdings and BP Energy Partners and supported by a dedicated operations and maintenance platform that ensures performance, reliability, and long-term asset optimization. Catalyst serves more than 8,500 customers across manufacturing, industrial, multifamily, hospitality, higher education, commercial real estate, and other energy-intensive sectors. For more info: [www.catalystpower.com](https://catalystpower.com/).

About the Connecticut Green Bank

The Connecticut Green Bank was established by the Connecticut General Assembly in 2011 as the nation’s first state-level green bank and has since supported the creation of nearly 30,000 green jobs in the state, while reducing the energy cost burden on over 71,000 families, businesses, and nonprofits. The Green Bank’s vision is a planet protected by the love of humanity, and its mission is to confront climate change by increasing and accelerating investment into Connecticut’s green economy to create more resilient, healthier, and equitable communities. This is accomplished by leveraging limited public resources to scale-up and mobilize private capital investment into Connecticut. To date, the Green Bank has mobilized more than $3 billion into the State’s green economy. This has reduced the energy costs for thousands of families and businesses, and reduced greenhouse gas emissions that cause climate change and worsen public health. Learn more at [www.ctgreenbank.com](http://www.ctgreenbank.com/).

[News](https://blog.catalystpower.com/more-power-to-you/tag/news), [Growth](https://blog.catalystpower.com/more-power-to-you/tag/growth)

## About Catalyst Power

As an independent, integrated provider of commercial electricity and gas as well as distributed energy solutions, Catalyst Power helps your business get the most from your power supply.

[![](https://blog.catalystpower.com/hs-fs/hubfs/New%20Stock%20Image%20Searching%20(40).jpg?width=720&name=New%20Stock%20Image%20Searching%20(40).jpg) ](https://blog.catalystpower.com/more-power-to-you/catalyst-power-launches-no-cost-ev-charging-for-massachusetts-businesses)

### [Catalyst Power Launches No Cost EV Charging for Massachusetts Businesses](https://blog.catalystpower.com/more-power-to-you/catalyst-power-launches-no-cost-ev-charging-for-massachusetts-businesses)

 Catalyst Power launches free EV charging for Massachusetts businesses, providing a valuable perk for customers and suppo…

[![](https://blog.catalystpower.com/hs-fs/hubfs/Untitled%20design%20(30)-3.png?width=720&name=Untitled%20design%20(30)-3.png) ](https://blog.catalystpower.com/more-power-to-you/catalyst-power-completes-cogeneration-project-for-massachusetts-airport-hotel)

### [Catalyst Power Completes Cogeneration Project for Massachusetts Airport Hotel](https://blog.catalystpower.com/more-power-to-you/catalyst-power-completes-cogeneration-project-for-massachusetts-airport-hotel)

 Catalyst Power has successfully completed a cogeneration project at a Massachusetts airport hotel, enhancing energy effi…

[![](https://blog.catalystpower.com/hs-fs/hubfs/New%20Stock%20Image%20Searching%20(14).jpg?width=720&name=New%20Stock%20Image%20Searching%20(14).jpg) ](https://blog.catalystpower.com/more-power-to-you/the-energy-insider-podcast-featuring-catalyst-power-ceo-gabe-phillips)

### [The Energy Insider Podcast Featuring Catalyst Power CEO Gabe Phillips](https://blog.catalystpower.com/more-power-to-you/the-energy-insider-podcast-featuring-catalyst-power-ceo-gabe-phillips)

 Gabe Phillips discusses energy cost management and CHP systems on The Energy Insider podcast, focusing on commercial str…

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### Our Company

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