We have decided to wind Evergrow down and return our remaining capital to our investors.
Since 2021, we’ve been working to fund small-scale clean energy projects in communities and towns across America. We chose this mission because we believe in both the urgency of the climate crisis and the potential of small, distributed energy assets to make the grid stronger, safer, and cleaner — all while powering data centers and lowering electricity costs for everyday people.
Over the years, we built one of the industry’s leading tax-credit financing platforms from the ground up, designed to profitably underwrite and finance solar projects of any size. Together with our partners, we helped bring solar energy to farms, schools, churches, factories, apartment buildings, and more.
Our ultimate vision was to create a better system for funding clean energy, starting with tax credits. Unfortunately, following the recent passage of the “One Big Beautiful Bill," we no longer see a path to realizing that vision and building a venture-scale business, and have chosen to cease operations and return our remaining capital to our investors.
While this chapter closes for Evergrow, we’re proud of what we achieved as a team. We remain hopeful that small-scale clean energy will not be shut out of the capital markets, and that the technology, ideas, and momentum we contributed will inspire others to continue this work. To our customers, partners, team, and investors: thank you for believing in this mission with us.
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