GS Power Partners Secures $51M Tax Equity Financing for 41 MW Community Solar Portfolio

New York – June 3, 2026 – GS Power Partners (GS Power), a leading independent power producer (IPP) backed by CVC DIF and dedicated to building America’s clean power future, today announced the successful close of more than $51 million in tax equity financing from funds managed by AB CarVal to support an approximately 41-megawatt (MWdc) portfolio of eight community solar projects in New York, Maryland, and Illinois.  This transaction is part of a broader tax equity partnership between Greenprint Capital and AB CarVal, through which Greenprint structured and executed the financing.

 

The transaction further strengthens GS Power Partners’ position as a leading developer, owner, and operator of distributed generation solar assets, supported by a strategic approach to capital formation and long-term asset management.

 

“Distributed generation tax equity portfolio transactions are financial milestones that reflect the sophistication and creativity we bring to bear,” said Nick Kamphaus, General Counsel of GS Power Partners. “Closing this complex financing across three states underscores our strength in connecting capital to productive energy projects, and our commitment to delivering DG solar assets that meet the highest standards of compliance and accountability.”

 

The approximately 41 MW portfolio seeks to deliver clean, renewable energy to local community solar subscribers in key markets across New York, Maryland, and Illinois. In addition to expanding access to affordable clean energy, the projects are expected to generate long-term economic benefits for the communities that host them.

 

“We are pleased to partner with GS Power Partners on this portfolio of attractive community solar assets,” said Alex Flamm, Managing Director at AB CarVal. “This transaction reflects our continued commitment to investing in scalable renewable energy platforms with strong fundamentals and experienced sponsors.”

 

“Greenprint is proud to have led the structuring of this transaction through our capital partnership with AB CarVal,” said Ed Rossier, Managing Director at Greenprint Capital. “This deal reflects our sustained commitment to the community solar sector and our conviction that distributed generation is one of the most direct pathways to expanding clean energy access. We remain focused on advancing flexible, capital-efficient approaches that accelerate the growth of distributed clean energy.”

 

CRC-IB acted as financial advisor to GS Power Partners. Stoel Rives LLP served as legal counsel to GS Power Partners, and Leverage Law Group acted as legal counsel to Greenprint Capital.

 

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 Greenprint Capital

Greenprint is a mission-driven investment and capital deployment platform focused on tax-credit-anchored investments in clean energy. With deep expertise in tax credit finance, public-private partnerships, and structured investments, Greenprint partners with renewable energy developers, tax paying corporations, and financial institutions to deliver tax efficient capital to clean energy projects. Since its inception, Greenprint has facilitated more than $3 billion of clean energy investments, supporting projects that drive the energy transition. Learn more at greenprintcapital.com.

 

About AB CarVal

AB CarVal is an established global alternative investment manager and part of AllianceBernstein’s Private Alternatives business. Since 1987, AB CarVal’s team has navigated through ever-changing credit market cycles, investing $160 billion in 5,885 transactions across 82 countries. Today, AB CarVal has approximately $21 billion* in assets under management. Since 2017, AB CarVal has deployed over $4 billion in energy transition investments. Additional information about AB CarVal may be found at www.abcarval.com.

*AUM is comprised of fee-earning AUM and fee-eligible AUM. Fee-earning AUM includes those assets currently qualified to generate management fees. Fee-eligible AUM includes capital that is committed to an AB CarVal Fund but is currently uncalled or recallable. The number represented here excludes assets under AB CarVal’s management that are not generating management fees due to the maturity of the Fund but includes amounts that do not generate management fees solely due to AB CarVal’s decision not to charge management fees.

 

GS Power Partners Media Contact
Alex Petersen
Director of Media Relations, Tigercomm
alex@tigercomm.us

 

Greenprint Capital Media Contact
Alex Neth
VP, Enterprise Operations
an@greenprintcapital.com