Catalina Energy Capital Launches with First Three Deals

• Catalina Energy Capital launches as a renewable investment bank, aiming to reshape solar and storage markets with 4 GW goals by 2024—backed by industry leader Dan Rittenhouse.

Catalina Energy Capital has officially launched as a renewable energy investment bank, led by industry veteran Dan Rittenhouse. The firm aims to advise on over 4 GW of solar and storage assets by the end of 2024 and has already completed three closed deals in its inaugural announcements.

The deals include advising SolarStone Ltd on a 500 MW solar and storage portfolio sale, facilitating a $130 million corporate raise for Novel Energy Solutions, and successfully executing a seven-figure equity and debt raise for Solar Collective. Catalina plans to operate across capital markets, M&A, climate tech, manufacturing, and tax credits.

What significant deals has Catalina Energy Capital achieved since its launch in renewable energy?

Since its launch in the renewable energy sector, Catalina Energy Capital has achieved several significant deals that underscore its position as a key player in the industry. Here’s a summary of their notable achievements:

• Advisory on SolarStone Ltd Portfolio: Successfully advised SolarStone Ltd on the sale of a substantial 500 MW solar and storage portfolio, highlighting their expertise in large-scale project transactions.
• Corporate Fundraising for Novel Energy Solutions: Facilitated a critical $130 million corporate raise for Novel Energy Solutions, enabling the company to expand its renewable energy projects and initiatives.
• Equity and Debt Raise for Solar Collective: Executed a significant seven-figure equity and debt raise for Solar Collective, supporting their mission to develop sustainable solar energy solutions.
• Strategic Partnerships: Initiated partnerships with various renewable energy companies to foster innovation and development in the sector, aiming to enhance the overall effectiveness of energy production and storage solutions.
• Focus on Diverse Energy Solutions: Committed to advising on a wide array of renewable energy ventures, including solar, wind, and storage projects, contributing to the diversification of energy resources.
• Expansion Plans: Announced goals to advise on over 4 GW of solar and storage assets by the end of 2024, reflecting their ambitious strategy to grow their influence in the renewable energy landscape.
• Leveraging Capital Markets and M&A Expertise: Planned activities not only in capital markets but also in mergers and acquisitions (M&A), demonstrating a comprehensive approach to advancing renewable energy opportunities.
• Investment in Climate Technology: Exploring investments in climate technology solutions that support the transition towards sustainable energy and reduce carbon emissions.
• Tax Credit Advisory Services: Developed advisory services focusing on securing tax credits and incentives for renewable energy projects, which can significantly enhance project viability and return on investment.

These milestones illustrate Catalina Energy Capital's commitment to driving growth and innovation within the renewable energy sector while positioning itself as a leader in the investment banking landscape.