The clean energy landscape in the United States is undergoing significant transformations, driven by growing demand for renewable energy and decreasing costs. As part of this shift, community solar projects have emerged as a key solution, enabling residents to access clean energy and reduce their energy costs. Catalyze, a leading developer and Independent Power Producer (IPP) of distributed renewable energy assets, has announced the acquisition of 48 megawatts (MWdc) of fully developed community solar projects in New York from hep solar, a German solar development and investment group. This significant deal not only reinforces Catalyze’s presence in the New York market but also underscores the company’s commitment to accelerating the deployment of community solar nationwide. These projects are located within National Grid’s Load Zone A in upstate New York, covering eight different towns, including Ashville, Corfu, Brockport, Portland, and Dunkirk. The projects are fully developed and nearing construction readiness, with commercial operation expected to commence in 2026. Once online, they will contribute to New York’s ambitious clean energy goals and provide clean energy benefits to local residents. The acquisition highlights the growing importance of community solar in the United States, particularly in New York, where the state has set a target to generate 70% of its electricity from renewable sources by 2030. Community solar empowers residents, including renters and those without access to rooftop solar, to participate in and benefit from the clean energy transition. Key Features of the Acquired Projects:

• Ashville, NY: 2 projects totaling 11.78 MWdc

• Corfu, NY: 2 projects totaling 13.32 MWdc

• Brockport, NY: 5.96 MWdc

• Portland, NY: 2 projects totaling 10.41 MWdc

• Dunkirk, NY: 6.24 MWdc

These projects are expected to participate in NYSERDA’s NY-Sun MW Block Program, which provides financial incentives for the development of solar projects across the state. The NY-Sun program is a critical component of New York’s clean energy strategy, offering benefits such as low-cost financing, tax credits, and grants to support the development of solar projects. Benefits of the Acquired Projects:

• Generate clean energy for thousands of residents

• Reduce energy costs for local households

• Support energy equity and grid resilience

• Contribute to New York’s ambitious clean energy goals

hep solar’s contribution to the community solar market in the United States:

hep solar is a specialist for solar investments and the development of solar parks worldwide. The company has a strong track record of developing and investing in community solar projects, and its partnership with Catalyze represents a significant step forward in this space. “ We’re proud to contribute to New York’s clean energy supply through our US project development. This transaction shows on the one hand the value created by hep solar and on the other hand ensures the successful delivery of these community solar projects by a strong and experienced partner like Catalyze,” said Georg von Eichendorff Strachwitz, Executive Board Member of hep solar. Catalyze’s Strategic Growth:

The acquisition reinforces Catalyze’s strategic growth in New York and its commitment to accelerating the deployment of community solar nationwide. With this deal, Catalyze is poised to expand its presence in the New York market and deliver clean energy solutions to thousands of residents. Ongoing Relationship with hep solar:

An ongoing relationship between Catalyze and hep solar is under consideration as both companies explore future opportunities for collaboration. This partnership highlights the growing importance of collaboration and cooperation in the renewable energy sector. About Catalyze

Catalyze is a fully integrated developer and IPP of distributed renewable energy assets. The company is accelerating the clean energy transition through deployment of solar and storage assets across community solar, C&I, and public sector verticals. Catalyze delivers clean energy solutions that enable partners to optimize the performance of their real estate assets, enhance energy resilience, decarbonize operations, and achieve enterprise goals. Its proprietary technology, REenergyze®, streamlines the origination-to-operations process, driving the rapid deployment of renewable energy infrastructure. About hep solar

hep solar is a specialist for solar investments and the development of solar parks worldwide. The company develops, builds, operates, and finances solar parks, covering the entire solar energy value chain. By acquiring these community solar projects, Catalyze is taking a significant step forward in its mission to expand access to renewable energy in New York. The company’s commitment to community solar empowers residents to participate in and benefit from the clean energy transition, driving a more sustainable future for all.