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The data shows that the infrastructure transition is not slowing down. According to the latest analysis from the Rhodium Group and MIT, the third quarter of 2024 garnered the highest-ever quarterly investment in the US clean energy and transportation sectors with $71 billion invested — a 12% increase from Q3 2023. Surging sales for zero-emission vehicles helped drive the growth, with investment in the retail sector increasing 9% quarter-over-quarter.  Each month, we analyze the numbers behind the infrastructure transition in our Generate: Intelligence newsletter. Subscribe here for more insights: https://lnkd.in/gjJrkX48 Read the full report from Rhodium Group and MIT: https://lnkd.in/giPqwXjD  

Generate was proud to join our partners NYC Citywide Administrative Services and NYC Public Schools at a ribbon cutting ceremony announcing New York City’s largest collection of solar arrays, located on public school rooftops across the city. The arrays represent the power of public-private partnership to accelerate the clean energy transition and deliver tangible benefits to communities.   New York City is setting a model for other cities to follow through bringing clean energy to its schools, reducing emissions, and saving taxpayers money — all without significant upfront costs. Learn more: https://lnkd.in/gMAthN37

The US election’s outcome will undoubtedly have consequences for the infrastructure transition, but rumors of its death are overblown.  In the latest Expert View article for Generate: Intelligence, Edward Bossange and Jonah Goldman write about how, amid the confusion stemming from our current political landscape, large investors and banks continue to vote with their dollars in favor of the infrastructure transition. While the market may face challenges, infrastructure investors with strong track records, specialized expertise, attractive returns, large pipelines, and operational and investment experience will continue to garner the backing of large investors and banks. Read the article: https://lnkd.in/gwxYsv32 Sign up for our Generate: Intelligence newsletter: https://lnkd.in/gjJrkX48

Transitioning school bus fleets from diesel to electric models carries significant health, environmental, and cost benefits. Yet persistent challenges are impeding electric school bus adoption at scale. Our Generate: Intelligence whitepaper, “Accelerating Electrification of School Bus Fleets” distills research and analysis from experts at Generate to explore how the fleet electrification-as-a-service (#FaaS) model is simplifying and accelerating bus fleet electrification for public schools and the children and families they serve. Discover how this approach can overcome cost, complexity, and uncertainty while prioritizing the well-being of students, families, and communities: https://lnkd.in/gHXhrn6J #SustainableInfrastructure #ElectricSchoolBus

We’re excited to be featured in a new article from Infralogic highlighting how Generate’s joint venture with Blue Bird Corporation – Clean Bus Solutions – aids the adoption of electric school buses in the US through our fleet electrification-as-a-service offering. Electric school buses provide cleaner air, less noise pollution, and safer environments for students, drivers, and communities. As the article explains, Clean Bus Solutions provides support in the three areas most critical for school districts working to transition their bus fleets to electric models: low-cost access to capital, close relationships with school bus dealers, and reducing operational risk. Read the full article: https://lnkd.in/gKEwP8tp  

Congratulations to our portfolio company esVolta, LP for securing a $110 million tax equity investment to construct a 300 MWh battery energy storage project in San Jose, California. This latest project milestone builds on esVolta’s established track record of accelerating the infrastructure transition through utility scale energy storage projects.

Generate’s Katie Treuer joined a panel discussion on financing the green revolution yesterday as part of an event hosted by WRISE NYC and Spencer Ogden and co-sponsored by Generate. The panel discussion explored industry trends and shared perspectives from women working across the renewable energy finance and investing industry. Our NYC-based team enjoyed the opportunity to grow our community by connecting with other women working toward our shared mission of building a more sustainable world.  Read more from Katie: https://lnkd.in/g-it86iQ

We're proud to announce that Generate secured a $1.2 billion revolving credit facility and term loan. The financing demonstrates strong support from financial markets for Generate’s leading model of building, owning, operating, and investing in sustainable infrastructure assets and companies.   J.P. Morgan arranged the transaction, with thirteen other lenders participating in the credit facilities: BMO Capital Markets, Scotiabank, Truist Bank, City National Bank, Royal Bank of Canada, Bank of America, Mizuho, Morgan Stanley, Barclays, Citi, Goldman Sachs, Nomura, and Southern Bancorp. This financing from our lending partners provides Generate with the financial resilience and resources needed to build the infrastructure for a more sustainable future. Read more: https://lnkd.in/gaRYgV2X

We’re excited to welcome Harsi Thethi, a seasoned financial leader with more than 20 years of experience, as interim Chief Financial Officer of Generate. The appointment of Harsi underscores Generate’s commitment to operational excellence and financial management as we continue to build the future of sustainable infrastructure with strong leadership. Welcome to Generate, Harsi! Read more: https://lnkd.in/gCpiDzf8

Generate is featured in Inc. Magazine's newly announced 2024 Founder Friendly Investors list in the Financial Services category. This recognition is for Generate’s leadership in providing the #SustainableInfrastructure companies and projects we invest in with the best chance to succeed as we work together to accelerate the infrastructure transition. We are proud of this latest achievement as we continue to build on our “proof, not promises” mantra. View the full list of investors: https://lnkd.in/ebhzF2Xq