WASHINGTON, D.C. – After more than a decade of connecting investors with energy opportunities, NT Solar is becoming National Trust Energy Capital. Effective today, the new brand reflects the company’s continued evolution as an energy tax credit investment and asset management firm, its expanding leadership team, and its growing role in helping investors and developers navigate a broader range of energy opportunities.

“National Trust Energy Capital reflects the business we have built and the opportunity ahead,” said David Clower, President & CEO of the National Trust Community Investment Corporation (NTCIC. “We are proud of our track record in solar, and we have the experience and team to serve investors and developers across a broader energy market. We are equally proud to carry the National Trust name. It connects this business to a larger purpose: our success generates resources that support the National Trust for Historic Preservation and its work protecting places that matter. That purpose, together with disciplined investing and strong partnerships, will guide our next chapter.”

Since 2012, National Trust Energy Capital has directed more than $1 billion in investor capital to energy projects representing more than 1,200 installations, approximately $2.5 billion in total project value, and more than 950 megawatts of energy capacity. That track record reflects the company’s ability to connect investors and developers through complex energy transactions and to remain actively engaged throughout the full investment lifecycle, from origination and diligence through reporting, compliance, asset management, and exit.

The launch of National Trust Energy Capital also marks the company’s next phase of growth, supported by an expanded leadership team and enhanced capabilities. While the energy market continues to change, the company’s focus remains consistent: helping investors and developers navigate complexity with experienced guidance, disciplined underwriting, and responsive service.

As a wholly owned subsidiary of NTCIC, National Trust Energy Capital is powered by the strength of an organization with more than 25 years of investment management experience and a longstanding reputation for responsible capital stewardship. The new brand reinforces that connection while clearly expressing the company’s dedicated focus on energy investment and tax credit finance.

National Trust Energy Capital is built for what’s next: connecting capital, expertise, and opportunity across the energy economy.

National Trust Energy Capital is an energy tax credit investment and asset management firm with more than a decade of experience connecting investors and developers. Building on a strong foundation in solar, we now work across a broader range of energy technologies and tax credit possibilities, helping investors identify strong opportunities and developers secure reliable capital in a changing policy and market environment.

National Trust Energy Capital is an energy tax credit investment and asset management firm with more than a decade of experience connecting investors and developers. Building on a strong foundation in solar, we now work across a broader range of energy technologies and tax credit possibilities, helping investors identify strong opportunities and developers secure reliable capital in a changing policy and market environment.

Washington, D.C. – December 22,2025 – National Trust Energy Capital, a subsidiary of the National Trust Community Investment Corporation (NTCIC), announces that Karin Berry, Managing Director, will retire at the end of the year. Paul Holshouser, currently Director of Solar Transactions, will step into the leadership role starting on January 1st, continuing National Trust Energy Capital’s mission to deliver impactful renewable energy investments.

In 2024 alone, the U.S. added more than 30 gigawatts of solar capacity, according to the Solar Energy Industries Association (SEIA). That’s enough to power over 5 million homes—and the momentum isn’t slowing down

Celebrating Karin Berry’s Legacy

Karin Berry has been a major player in the renewable energy space for over 30 years, with experience spanning international energy policy, government service, and private sector investment. Before joining National Trust Energy Capital, Karin advanced clean energy initiatives in the public sector, including her work at the U.S. Trade Representative’s office, where she focused on international energy policy and government service. She later held leadership roles at PNC Energy Capital and Guggenheim Capital Markets, helping drive the adoption of renewable technologies and innovative investment strategies across diverse markets.

During her tenure as the inaugural Managing Director of National Trust Energy Capital, Karin Berry led origination, structuring, and closing of renewable energy tax credit investments, building deep relationships with investors and developers nationwide. Her leadership helped expand National Trust Energy Capital’s reach and reputation, and she leaves a legacy of integrity, innovation, and community impact. Since joining National Trust Energy Capital in 2015, she has overseen solar tax credit investments and managed a rapidly growing portfolio of renewable projects, responsible for over $1 billion in tax credit investments.

In partnership with the Prometheus Power Group, a Michigan-based developer with a focus on Community Solar initiatives, National Trust Energy Capital provided an equity investment in the $3.3 million in Solar Investment Tax Credits (ITC) generated by the development of the solar site in Eastport, Maine. This is National Trust Energy Capital v’s first investment with Prometheus Power Group and ninth collaboration with investor PeoplesBank.

The Eastport project will serve a mix of residential and commercial subscribers through Maine’s Community Solar program, offering a  15% fixed discount  on all allocated bill credits. The project also qualifies for the 10% Domestic Content adder under the Inflation Reduction Act, supporting U.S.-based manufacturing by utilizing domestically manufactured panels.

Prometheus Power Group is a developer and operator of community solar projects in the Northeastern, Mid-Atlantic, Midwestern, and Mountain West of the United States. The team has 150 MW in projects developed or in their near-term pipeline.  Prometheus led the acquisition of the Eastport project from the original project developer, MidCoast Solar LLC, to their operating venture, Nugenics Solar LLC. To learn more about Prometheus Power Group, click here.

National Trust Energy Capital’s largest portfolio investment to date involved the financing of $65 million in solar investment tax credits (ITCs) for a portfolio of 100 solar installations across California. This milestone investment is in partnership with ForeFront Power, a leading developer and long-term owner-operator of solar energy and storage projects.

This portfolio, developed end-to-end by ForeFront Power and with a development cost totaling over $200 million, will provide renewable energy for 64 California schools that support thousands of students from K-12, as well as connecting to four city utility services and several of the largest counties in the state. Soon, hundreds of thousands of residents will be able to benefit from energy savings provided by these installations. This investment underscores National Trust Energy Capital’s commitment to investing in renewable energy that serves a broad community base, contributing to a sustainable future for all.

The portfolio primarily consists of “canopy” systems, in which the panels are elevated over parking lots, allowing cars to park underneath. In addition to delivering significant environmental benefits and customer savings, this development style reduces the need for construction on undeveloped land and gives sprawling parking lots productive use.

Several installations within this portfolio will also qualify for various additional credits, or “adders,” for being located within an “energy community.” Released as part of the Inflation Reduction Act (IRA), energy communities are designated locations that have experienced economic or environmental hardships as a result of the fossil fuel industry.

National Trust Energy Capital provided an initial investment in April for a 48.5 Megawatt DC portfolio of 79 solar installations. In July, the organization further invested in an expansion of the same portfolio, increasing the total installation count to 100 and the capacity to 58.4 MW. This additional investment brought the total financing to $65 million in ITCs, marking this as the largest investment by installation count in National Trust Energy Capital’s history.

ForeFront Power is a leading developer of commercial and industrial-scale (C&I) solar energy and battery storage projects in the U.S. and Mexico, also offering vehicle fleet electrification services. The ForeFront Power team has 15 years of experience working together to develop more than 1,400 behind-the-meter and community solar projects, totaling more than 1.1 gigawatt-DC of renewable electricity. ForeFront Power serves business, government, education, healthcare, and community solar customers with a broad array of development, asset management, and advisory services from its San Francisco headquarters and via teams based in New York, Mexico City, and across the U.S. through a hybrid work model. To learn more, visit www.forefrontpower.com.

Washington, D.C., July 25, 2023 – National Trust Energy Capital is proud to announce the successful equity placement of solar tax credits generated by the development of two standalone Tesla MegaPack battery storage systems in New York City in partnership with Summit Ridge Energy, the nation’s leading commercial solar and energy storage company.

Once complete, the 31 MWh-capacity system will provide bill credits to the NYU Langone Hospital, one of the nation’s premier academic medical centers, serving more than 60,000 patients annually. The hospital signed an offtake agreement to purchase bill credits from the Energy Storage System to support its sustainability goals.

These installations will provide flexibility to the grid, a critical component of reliability and resilience, allowing utilities to integrate more intermittent renewable power sources into the grid mix. By smoothing out the delivery of variable renewable resources such as wind and solar, battery storage systems supply power produced during non-peak hours to the grid when demand is highest. As the grid’s energy supply mix gets cleaner, energy storage will be a critical dispatchable electricity resource, offsetting the need for fossil fuel peak-power plants.

The installations, which will reach commercial operation in mid-2023, were spearheaded by Summit Ridge Energy. In addition to the ITC investment, National Trust Energy Capitalwill provide compliance, reporting, and asset management services through the investment cycle.

This is the organization’s first stand-alone battery storage investment and the fourth portfolio investment with Summit Ridge Energy, both made possible through National Trust Energy Capital’s Climate Impact and Revitalization Fund. The organization first partnered with Summit Ridge Energy in 2020 to provide an equity investment in the solar tax credits generated by the creation of a portfolio of twelve ground- and roof-mounted sites across Illinois and Maryland, the largest roof-mounted solar installation in the country.

“Summit Ridge Energy and National Trust Energy Capital are working together to make electric supply more resilient and provide clean energy savings for NYU Langone Hospital,” said Adam Kuehne, Chief Investment Officer, Summit Ridge Energy. “Our ongoing partnership with National Trust Energy Capital supports our goal of strengthening New York City’s grid while lowering power bills for the city’s major institutions.”

To read the full PR Newswire release, click here.

About National Trust Energy Capital

National Trust Energy Capital, a division of the National Trust Community Investment Corporation (NTCIC), provides tax credit equity for renewable energy projects that deliver measurable community benefits. National Trust Energy Capital specializes in community solar, energy storage, and projects that serve low-income households or are located in historically underserved areas. Visit www.ntenergycapital.com to learn more.

About Summit Ridge Energy

Launched in 2017, Summit Ridge Energy is the nation’s leading commercial solar company. Through its strategic partnerships and project financing expertise, the company develops and acquires pre-operational projects within the rapidly growing solar energy and battery storage sectors. In the past five years, SRE has deployed over $1.6B USD into clean energy assets. With a development pipeline of more than 2 GW, SRE will have more than 400 MW of PV online by the end of 2023, providing solar power to approximately 50,000 homes. Learn more at srenergy.com and follow us on LinkedIn and Twitter.

Washington, D.C., July 25, 2023 – National Trust Energy Capital is proud to announce the successful equity placement of over $7 million in solar tax credits generated by the development of two community solar installations across Massachusetts and Connecticut in partnership with Lodestar Energy, one of the most established Independent Owner Operators in the Northeast United States. This is National Trust Energy Capital’s 6th investment with Lodestar.

Reaching mechanical completion in April of 2023, the combined 11.5-Megawatt ground-mount solar and solar plus battery storage systems will provide renewable energy to the City of Hartford along with six public housing authorities across Massachusetts which are responsible for nearly 3,000 affordable housing units.

These installations will provide flexibility to the grid, a critical component of reliability and resilience, allowing utilities to integrate more intermittent renewable power sources into the grid mix. By smoothing out the delivery of variable renewable resources such as wind and solar, battery storage systems supply power produced during non-peak hours to the grid when demand is highest. As the grid’s energy supply mix gets cleaner, energy storage will be a critical dispatchable electricity resource, offsetting the need for fossil fuel peak-power plants.

The installations, which will reach commercial operation in mid-2023, were spearheaded by Summit Ridge Energy. In addition to the ITC investment, National Trust Energy Capital will provide compliance, reporting, and asset management services through the investment cycle.

This is National Trust Energy Capital’s first stand-alone battery storage investment and the fourth portfolio investment with Summit Ridge Energy, both made possible through the organization’s Climate Impact and Revitalization Fund. National Trust Energy Capital first partnered with Summit Ridge Energy in 2020 to provide an equity investment in the solar tax credits generated by the creation of a portfolio of twelve ground- and roof-mounted sites across Illinois and Maryland, the largest roof-mounted solar installation in the country.

“Summit Ridge Energy and National Trust Energy Capital are working together to make electric supply more resilient and provide clean energy savings for NYU Langone Hospital,” said Adam Kuehne, Chief Investment Officer, Summit Ridge Energy. “Our ongoing partnership with National Trust Energy Capital supports our goal of strengthening New York City’s grid while lowering power bills for the city’s major institutions.”

To read the full PR Newswire release, click here.

About National Trust Energy Capital

National Trust Energy Capital, a division of the National Trust Community Investment Corporation (NTCIC), provides tax credit equity for renewable energy projects that deliver measurable community benefits. National Trust Energy Capital specializes in community solar, energy storage, and projects that serve low-income households or are located in historically underserved areas. Visit www.ntenergycapital.com to learn more.

About Summit Ridge Energy

Launched in 2017, Summit Ridge Energy is the nation’s leading commercial solar company. Through its strategic partnerships and project financing expertise, the company develops and acquires pre-operational projects within the rapidly growing solar energy and battery storage sectors. In the past five years, SRE has deployed over $1.6B USD into clean energy assets. With a development pipeline of more than 2 GW, SRE will have more than 400 MW of PV online by the end of 2023, providing solar power to approximately 50,000 homes. Learn more at srenergy.com and follow us on LinkedIn and Twitter.