ATLANTA, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Crayhill Capital Management (“Crayhill”) and Monarch Private Capital (“Monarch”) are pleased to announce a strategic joint venture to facilitate hybrid preferred tax equity investments for renewable energy projects, including utility-scale solar, battery storage, and distributed generation projects. Crayhill has committed $300 million of capital into the joint venture, Monarch JVT Funding. Through Monarch’s best-in-class platform, the JV will invest in tax partnerships that will facilitate fair market value tax basis for renewable energy developers.
The JV is designed to provide a single-point solution that maximizes project tax credit value while minimizing transfer friction, supported by a single underwriting process and industry-standardized partnership and transfer documentation.
This partnership arose from Crayhill and Monarch’s familiarity and track record of success in tax equity-related transactions—success the firms expect to continue both together and independently.
Speaking about the new partnership, Crayhill’s Shweta Kapadia, MD of Power & Infrastructure said, “We’re excited to bring this new alternative to market. As an experienced partner and financier to development platforms with over 17 GW of utility-scale solar and battery projects financed, we appreciate the additional flexibility and simplicity this structure affords tax-inefficient developers, and those seeking more optionality relative to merchant and non-fixed contract economics. Combined with Crayhill’s pre-construction development capital, we now provide a complete pathway for renewable energy projects from early-stage development through tax-credit monetization.”
Bryan Didier, Partner and Managing Director – Energy at Monarch Private Capital, added, “We see continued demand for this single-source financing package and are proud to partner to bring this offering to market.”
Those interested in more information about the offering should contact Bryan Didier (Monarch) at bdidier@monarchprivate.com.
About Crayhill Capital Management
Crayhill Capital Management is a $2.9 billion, SEC-registered investment adviser specializing in asset-based finance. Since its founding in 2015, the firm has deployed over $4 billion across more than 50 transactions. Crayhill focuses on scalable, opportunistic asset-based investments, enabling its investors to benefit from a firm with a singular, deep focus on this specialized market. For more information, please visit https://crayhill.com/.
About Monarch Private Capital
Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.
CONTACT
Jane Rafeedie
Monarch Private Capital
Jrafeedie@monarchprivate.com
470-283-8431
