Aspen Power, a New York-based distributed generation platform backed by Carlyle, has secured a $200 million capital commitment from Deutsche Bank. This financing strengthens Aspen Power's financial capacity to accelerate development of distributed solar and storage projects US-wide. This transaction marks the first capital engagement between Aspen Power and Deutsche Bank, establishing a new financial partnership between the two companies.The funding supports growth in project development, vendor engagement, and deployment across community solar and commercial industrial segments. Aspen Power's business model integrates origination, development, construction, and asset ownership to deliver clean energy solutions. Over the past year, the company has added new projects in New York, Illinois, New Jersey, and Pennsylvania markets. Recently, Aspen Power has acquired two 6.85 MW DC community solar projects in Northampton, Pennsylvania, supplying power to over 800 homes.