# Generate Capital And KeyState Close $154.5 Million Community Solar Fund

> Generate Capital and KeyState finalize $154.5 million community solar tax equity fund.
- Title: Generate Capital And KeyState Close $154.5 Million Community…
- Summary: Generate Capital and KeyState finalize $154.5 million community solar tax equity fund. Generate Capital and KeyState close a $154.5 million community solar…
- Keywords: generate capital, keystate, community solar, tax equity fund, new york, illinois, solar projects, distributed energy, startups, business, Generate, Capital
- Source: Pulse 2.0 — https://pulse2.com/generate-capital-and-keystate-close-154-5-million-community-solar-tax-equity-fund
- Author: Amit Chowdhry
- Published: 2026-10-09T21:40:31+00:00
- Read time: 1 min
- Topics: generate capital, keystate, community solar, tax equity fund, new york, illinois, solar projects, distributed energy, startups, business
## 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.
## Key takeaway

Generate Capital and KeyState close a $154.5 million community solar tax equity fund to support 10 projects across New York and Illinois.