Revolving credit facility · Climate tech
Catalyst Power closes $15M revolving facility with East West Bank
Catalyst Power closed a $15 million revolving credit facility with East West Bank in September, running through 2029.
The facility will finance the initial pipeline phase of distributed combined-heat-and-power and solar projects.
The company reports more than 8,500 customers across 12 states and 41 utility territories. The new credit supports development of onsite energy assets alongside its retail electricity business.
Use of funds
Develop and execute the initial pipeline phase of distributed combined-heat-and-power and solar projects
Funding history
Revolving credit facility · This round$15M