Articles from Aligned Climate Capital LLC

With Delaware electricity rates expected to increase this summer, community solar projects offer a timely opportunity to expand access to locally generated clean energy. To support expansion, Aligned Climate Capital has closed $33 million in construction financing on two Delaware community solar projects through its Aligned Solar Partners 6 (ASP6) fund, supported by Live Oak Bank’s Renewable Energy Lending team. Rifle Range Solar in Bridgeville and Delaware Avenue Solar in Harrington are both under construction and participating in Delaware’s Community Energy Facility program, which requires that at least 15 percent of subscribers be low-income customers.

With the global impact investing market reaching a record $1.6 trillion, Aligned Climate Capital (Aligned) today reinforces its commitment to measurable climate and social impact through the release of its inaugural Impact Report and a new round of carried interest donations to nonprofits championing clean energy access, workforce development, and public policy.

As demand for clean, reliable energy continues to rise across the U.S., Aligned Climate Capital (Aligned) today announced the final close of its sixth distributed solar fund, Aligned Solar Partners 6 LP (ASP6), with commitments above the $200 million target fund size. ASP6 achieved final close with participation from leading institutional investors in the U.S. and globally, including insurance companies, endowments, foundations, and family offices.

As global investment in the clean energy transition hit a record $2.1 trillion in 2024, Aligned Climate Capital (Aligned) completed the final close of its second venture fund, Aligned Climate Fund 2 LP (ACF2), at $85 million. The fund, which is twice the size of Aligned’s first fund, focuses on scaling proven clean energy and decarbonization solutions with investments across clean energy, efficient and resilient infrastructure, electric transportation, and sustainable land use. ACF2 included investments from the Ford Foundation and The Rockefeller Foundation, along with other leading pensions, corporations, endowments, foundations, and family offices. To date, Aligned has raised $145M through its venture strategy.