Catalyst Power Secures $15 Million Credit Facility to Expand Distributed Generation Projects
Catalyst Power Holdings LLC has secured a $15 million revolving credit facility from East West Bank, which will be used through 2029 to develop distributed Combined Heat and Power (CHP) and solar projects. The financing is intended to accelerate the company's growth in providing cleaner energy solutions for commercial and industrial customers by expanding its portfolio of onsite generation systems. The CEO highlighted increasing energy costs and grid strain as key drivers pushing businesses toward onsite power generation, which Catalyst views as a scalable solution rather than a niche market. The credit facility marks an important shift in how capital markets perceive distributed generation assets like CHP, with lenders now seeing them as viable investment opportunities that can help meet rising national electricity demand. Catalyst Power's commercial-scale CHP systems are noted for their high thermal efficiency of 70–80%, achieved by utilizing waste heat from onsite power production. The company operates in multiple deregulated markets and serves over 8,500 customers across various sectors.
Topics: combined_heat_power energy financing