“We are thrilled to continue our work with KeyState on our tax equity partnership for community solar and provide the latest proof of the growing demand for renewable energy investment,” said Peggy Flannery, managing director at Generate Capital. “This ongoing partnership has allowed us to continue to scale our community solar assets and better serve our developer, customer and community stakeholders in New York.”
The companies have collaborated extensively on clean energy deployments in the past, having now collaborated on three funds with a total of US$150 million in investment. They have also agreed to develop a fourth fund, which will support community solar investment and aim to “bring additional renewable energy assets online”.
Investors are expected to support greater community solar deployment in the US in the coming years, with Wood Mackenzie and the Coalition…