From Pulse 2.0 · Amit Chowdhry · · 50s
Generate Capital And KeyState Close $154.5 Million Community Solar Fund
Generate Capital and KeyState finalize $154.5 million community solar tax equity fund.
In brief
Generate Capital and KeyState finalize $154.5 million community solar tax equity fund. Generate Capital and KeyState close a $154.5 million community solar tax equity fund to support 10 projects across New York and Illinois. Originally reported by Pulse 2.0.
Generate Capital and KeyState
Generate Capital closed a $154.5 million tax equity commitment with SOLCAP, KeyState’s tax equity investment platform.
Sixth Fund in Partnership
Their partnership began in 2021 and has focused on channeling institutional capital into distributed clean energy infrastructure.
New Fund Details
The portfolio totals 43 MWac of generation capacity across 10 community solar projects in New York and Illinois.
Funding Momentum
Generate has secured approximately $1.6 billion in financing commitments so far in 2026 to support critical infrastructure deployment.
The essence
Generate Capital and KeyState close a $154.5 million community solar tax equity fund to support 10 projects across New York and Illinois.
