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Generate Capital and KeyState Renewables Deliver 53.5 MWdc in Community Solar Across 11 Projects in New York with Latest Joint Tax Equity Facility Close

Sep 27, 2024over 1 year ago

Contract Type

partnership

San FranciscoFinancial ServicesFinance

Description

Generate Capital and KeyState Renewables announced the close of their third joint tax equity facility, Generate NY Community Solar VI, LLC, bringing new sources of solar power to rural New York. The closed facility, which included a $64 million investment from KeyState, was used to build, develop and manage 11 projects in New York, creating 53.5 MWdc of new solar power capacity and improving grid reliability.

Company Information

Company

Generate

Location

San Francisco, California, United States

About

Generate is a specialized, multi-strategy investment platform that builds, owns, and operates critical infrastructure. The firm finances and delivers affordable, resilient solutions that provide essential resources to customers and communities, while supporting the nation's growing demand for power. Since 2014, Generate has raised more than $14 billion and invested in and operated assets across six key sectors: power, mobility, waste, green digital, water and agriculture, and industrial decarbonization.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.