Aspen Power, a New York-based distributed generation platform, has secured a tax equity facility with Monarch Private Capital to advance solar projects in 2025 across New York, Illinois, and Pennsylvania. The financing is part of Aspen Power’s ongoing progress, adding to $66 million in tax equity commitments secured during the first eight months of 2025. According to Aspen Power CFO Bill DeLong, the partnership has strengthened the company’s ability to execute projects and expand distributed generation access. Monarch Private Capital, an Atlanta-based tax equity investment firm, stated that the transaction is consistent with its energy investment strategy designed to deliver long-term value. Recently, Aspen Power had acquired 13.9 MW of community solar projects in Illinois, further strengthening its distributed generation portfolio. Aspen Power has developed or acquired more than 600 renewable projects across 26 US states, reflecting its established national presence in distributed energy development.