Catalyst Power Launches Cleaner Energy Services for Southwestern Ohio Commercial & Industrial Businesses
CINCINNATI, May 2, 2023 /PRNewswire/ -- Catalyst Power Holdings LLC ("Catalyst Power"), an integrated provider of cleaner energy solutions for the commercial and industrial sector, is launching service in Southwestern Ohio. Catalyst Power provides a range of cleaner energy solutions to Ohio businesses, including custom-priced energy service, Connected Microgrids, EV Charging, and other onsite solar projects that allow companies to reduce energy costs, monetize their roof, meet sustainability goals, and ensure energy resilience. New Federal legislation, passed last year, provides generous incentives for businesses that add clean energy onsite. Initially, Catalyst Power's cleaner energy solutions are available to customers of Duke Energy in Brown, Butler, Clermont, Hamilton, and Warren counties.
"Ohio businesses have a fantastic opportunity to significantly reduce their energy costs–and generate new sources of revenue with solar energy. We're thrilled to be entering the Ohio market to help businesses–which pay among the highest energy prices in the country– save while building their long-term sustainability," said Gabriel Phillips, CEO of Catalyst Power Holdings. "Ohio's middle market has been underserved for too long. They are an important part of America's economy that deserves access to all the benefits of cheaper, cleaner energy–we're here to help them."
Catalyst Power develops innovative energy supply solutions for commercial and industrial companies, with a focus on a first-of-its-kind network of Connected Microgrids, a no-up-front-cost custom solution using onsite solar panels, battery storage with optional back-up generators, as well as retail power and gas supply. The company utilizes a proprietary technology platform that provides a fresh perspective on data to identify, underwrite, fund, and provide accessible renewable solutions to customers while operating more cost-effective onsite energy projects for our retail energy clients.
About Catalyst Power Holdings LLC:
Catalyst Power Holdings LLC is an independent, integrated provider of cleaner energy solutions for the commercial and industrial sector through commercial energy, customized Connected Microgrid solutions, and community solar to underserved middle-market commercial and industrial end-use customers, improving the overall efficiency and environmental impact of their supply. Catalyst Power is a portfolio company of BP Energy Partners, LLC. More info: www.catalystpower.com
About BP Energy Partners, LLC:
BP Energy Partners, LLC (BPEP), is a Dallas, Texas based growth-oriented private equity firm. Since inception, BPEP has focused on a lower carbon future by establishing and growing sustainable and responsible companies in the natural gas value chain including infrastructure, power, logistics, transportation, environmental services, renewable natural gas, midstream, and distribution. BPEP will also invest in low carbon energy solutions and renewables. BPEP collaborates with entrepreneurs, family-owned businesses, project developers, and experienced management teams to provide patient capital, financial and operating expertise, and deep industry relationships. BPEP currently manages over $560 million in committed capital and is actively investing in new opportunities. More information can be found at www.bpenergypartners.com.