GOverview
GS Power Partners develops and manages solar projects in the United States, focusing on distributed generation and community solar. The company builds and operates solar assets, earning revenue from energy production and strategic collaborations, and it grows through partnerships and investments. Its product is solar energy capacity delivered to customers and communities via community solar programs and other distributed generation projects. The business differentiates itself with a sizable project pipeline (1 gigawatt) and an active network of partnerships, including a recent tie-up with CVC DIF, enabling scale and deployment of solar assets more efficiently. GS Power Partners’ goal is to expand its portfolio and accelerate the clean energy transition by growing its solar assets and partnerships, ultimately delivering more community solar and other distributed generation solutions."} ));````
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About GS Power Partners
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Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$323M
Headquarters
Stamford, CT
Founded
2015
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Funding
Total Funding
$323M
Above
Industry Average
Funded Over
3 Rounds
Company News
GS Power Partners has announced a leadership transition, with Michael D. Smith joining as President and Chief Executive Officer on 10 August 2026. Co-founder Jason Kuflik will move to Executive Chairman whilst remaining actively involved in the business. Smith brings over 25 years of energy industry experience. He most recently served as CEO of CPower Energy, the nation's largest distributed energy resource monetisation provider, with over 6 GW of capacity. He previously led ForeFront Power and held senior roles at Constellation and Exelon. The transition comes as GS Power Partners completed a $250 million corporate loan facility with Deutsche Bank. The company develops and operates distributed generation solar projects across the United States, maintaining a portfolio of over 400 megawatts.
GS Power secures AB CarVal tax equity for 41 MW. Jun 4, 2026 07:56 AM ET * GS Power Partners secured $51M+ tax equity from AB CarVal for a 42 MWdc community solar portfolio, closing a key 41 MW allocation to accelerate distributed solar construction and operations. GS Power Partners has secured more than $51 million (EUR 43.9 million) in tax equity financing from AB CarVal to support a 42-MWdc portfolio of US community solar projects. The financing backs the development across multiple states, aiming to accelerate deployment and broaden access to renewable electricity for households and businesses. Community solar lets customers subscribe to solar power without installing panels on their own property, a model that has driven rapid growth in the US renewables market. GS Power said the capital strengthens its ability to scale distributed generation and expand the benefits of solar energy amid favorable state policies and ongoing demand for affordable clean power. What does GS Power's $51M tax equity closure with AB CarVal mean for 42 MW community solar? * The $51M tax equity closing from AB CarVal strengthens the financial stack behind GS Power's ~42 MWdc community solar portfolio by bringing in investors specifically designed to monetize US federal tax credits (most commonly the Investment Tax Credit) that drive distributed solar project economics. * By securing tax equity at the portfolio level, the deal helps ensure the tax benefits can be efficiently allocated to participating projects - typically improving internal rates of return and lowering the effective cost of capital for the overall buildout. * The funding is earmarked to cover a major portion of the portfolio (about 41 MW within the broader ~42 MWdc footprint), which means most funded capacity is positioned to move forward with development milestones such as construction start, procurement, and/or commissioning planning. * Because the projects are located across multiple states, the closure supports a "scale-up" strategy: tax equity financing that can be applied to a multi-state portfolio reduces the need to source separate capital for each site and can smooth development timelines. * The completion of the tax equity package is a key step in de-risking distributed generation transactions - often viewed by counterparties (developers, EPCs, utilities, and offtakers/subscription administrators) as a signal that financing risk has been largely addressed. * For community solar subscribers, the practical impact is that more projects can proceed toward energization, expanding subscription availability and helping maintain long-term delivery of bill-credit or savings structures tied to contracted solar production. * The transaction also reinforces market confidence in distributed solar - particularly community solar - by demonstrating that specialist tax equity capital continues to flow into regulated and contracted community-scale generation platforms. * While specific deal terms weren't released, the successful closure itself typically implies that credit-structure diligence (asset eligibility, tax credit timing, compliance assumptions, and partnership mechanics) met investor requirements - critical for sustaining bankability in the current tax-credit environment. * Net effect: GS Power's closure improves capital certainty for the portfolio, allowing funded community solar capacity to advance from financing/structuring toward execution, which is where schedule certainty and eventual consumer impact begin to materialize.
GS Power Partners, a US distributed generation independent power producer backed by CVC DIF, has closed over $51 million in tax equity financing from AB CarVal-managed funds. The capital will support a 42-MWdc portfolio of community solar projects across multiple US states. The financing was secured through a broader tax equity partnership between AB CarVal and Greenprint Capital, which structured the transaction. The funding will back eight community solar projects in New York, Maryland and Illinois. Established in 2015, GS Power currently owns and operates over 400 MW of solar capacity, primarily in the Northeast and Midwest, serving commercial, industrial and community customers.
GS Power Partners, an independent power producer backed by CVC DIF, has secured $250 million in debt financing from Deutsche Bank. The facility will establish a centralised corporate capital platform to support the company's development pipeline and long-term growth strategy. Founded in 2015, GS Power owns and operates over 400 megawatts of solar capacity, primarily in the Northeast and Midwest, serving commercial, industrial and community customers. The funding will enable the company to advance projects through development milestones and allocate capital to high-value opportunities in distributed solar and storage. Deutsche Bank acted as lead lender and arranger for the transaction. Marathon Capital served as GS Power's financial adviser, whilst Morgan, Lewis & Bockius provided legal counsel.
GS Power Partners secures $250 million investment from Deutsche Bank. 2 minutes read Funding to advance market presence and industry leadership NEW YORK-(BUSINESS WIRE)-GS Power Partners (GS Power), a leading Independent Power Producer backed by CVC DIF and dedicated to advancing America's clean power future, today announced that it has successfully closed a $250 million capital raise provided by Deutsche Bank. The $250M debt facility will be used to establish a centralized corporate capital platform that will support GS Power's development pipeline and long-term growth strategy. This consistent, flexible funding enables GS Power to continue to efficiently advance projects through key development and pre-construction milestones and allocate capital dynamically to high-value opportunities. "We've built a management team with deep experience driving growth in the distributed generation solar sector, enabling us to execute with financial rigor and discipline and earn the trust of leading global financial institutions," said Jason Kuflik, founder and Chief Executive Officer of GS Power Partners. "The commitment from Deutsche Bank validates the strength of the platform we've built and reflects a strong alignment around partnering with best-in-class capital providers and teams. With their support alongside our existing partners, we are well positioned to invest across our platform, accelerate disciplined growth, and strategically expand our portfolio while originating and delivering high-quality distributed solar and storage projects at scale for our partners, customers, and the communities we serve." "GS Power Partners has built a strong platform in the distributed generation clean energy sector," said Jeremy Eisman, Head of Infrastructure and Energy Financing at Deutsche Bank. "Our investment reflects our confidence in the GS Power team and their ability to scale high-quality renewable energy projects. Deutsche Bank is proud to support their continued growth." Deutsche Bank acted as Lead Lender and Arranger and is responsible for syndicating the transaction. Deutsche Bank Trust Company Americas (DBTCA) is serving as Administrative Agent, and Wilmington Trust, N.A., is serving as Collateral Agent. Marathon Capital acted as GSPP's financial advisor. Morgan, Lewis & Bockius LLP served as legal counsel to GS Power Partners. White & Case LLP acted as legal counsel to Deutsche Bank. About GS Power Partners GS Power Partners (GS Power) is a leading distributed generation Independent Power Producer (IPP) backed by CVC DIF, a global investment firm with ca. €23 billion in assets under management. Founded in 2015, today GS Power owns and operates a 400+ megawatt solar portfolio concentrated primarily in the Northeast and Midwest, serving commercial, industrial, and community customers. GS Power is dedicated to advancing the clean power future in America through responsible investments and long-term partnerships. For more information, visit www.gspowerpartners.com About Deutsche Bank The Deutsche Bank Private Credit and Infrastructure business (PCI) is Deutsche Bank's US-based balance sheet lending platform. PCI provides financing to bank clients including corporates, projects and alternative investment managers using bank capital. PCI has a wide mandate to underwrite loan facilities including corporate, holdco, bridge, term, construction and development loans, as well as letters of credit, with a focus across digital, power and conventional infrastructure, venture debt and fund finance. In the last 8 years PCI has underwritten transactions in excess of $50 billion and currently maintains over $21 billion in balances outstanding. 3 minutes ago 4 minutes ago
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About GS Power Partners
We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$323M
Headquarters
Stamford, CT
Founded
2015
There are no jobs for GS Power Partners right now.
Find jobs on Simplify and start your career today
We update GS Power Partners's jobs every few hours, so check again soon!Browse all jobs