
Catalyst Power Holdings
Integrated retail energy and clean power solutions provider.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Late VC | |
Total Funding | 000k |
Catalyst Power Holdings is an independent energy solutions provider that integrates retail energy supply with distributed, clean energy resources for commercial and industrial (C&I) clients. The company's primary focus is the underserved middle-market, offering a suite of services designed to lower energy costs, reduce environmental impact, and enhance power reliability with no upfront investment from the customer.
Founded by Gabe Phillips, who serves as the CEO, Catalyst Power was established to address gaps in the energy industry for C&I businesses. Phillips began his career in electricity and gas trading before founding and selling GP Energy Management, an energy management platform. This background provided him with the perspective to launch a new kind of power company focused on making renewable solutions accessible. The company's business model involves providing customized retail electricity and gas plans alongside sustainable solutions. It makes money through Power Purchase Agreements (PPAs), where clients buy the energy produced by on-site assets at a lower price than the open market, and by subscribing clients to community solar projects.
Catalyst Power's offerings include on-site power generation like solar, cogeneration, and battery storage, as well as installing EV charging stations and managing participation in community solar and demand response programs. The company developed a proprietary network of "Connected Microgrids," which are custom, no-upfront-cost solutions that use onsite solar or batteries to give businesses more control over their energy supply and protect against outages. The company uses a proprietary technology platform to analyze customer data to underwrite, fund, and operate these onsite projects. Headquartered in New York, NY, Catalyst Power has received backing from investors including BP Energy Partners and DRW Holdings.
Keywords: commercial energy solutions, retail electricity supplier, distributed energy resources, connected microgrid, community solar, power purchase agreement, commercial and industrial energy, onsite power generation, energy storage solutions, EV charging infrastructure, demand response programs, cogeneration, sustainable energy, energy resilience, retail natural gas, carbon footprint reduction, energy efficiency, solar financing, renewable energy credits, energy portfolio management
Tech stack
Investments by Catalyst Power Holdings
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