Decarbonisation-focused investment firm Galvanize has announced the launch of its new Credit and Capital Solutions strategy. This initiative aims to provide flexible financing solutions to support companies and projects throughout the energy transition value chain. The strategy is backed by a $1.3 billion investment programme from a leading institutional investor.
Galvanize was established in 2022 by hedge fund billionaire and former presidential candidate Tom Steyer, alongside Hall Capital Partners founder Katie Hall. Their mission-driven investment platform is designed to deliver the capital, expertise, and partnerships necessary to develop and scale urgent climate solutions.
The firm highlighted a growing demand for flexible capital across sectors such as power, manufacturing, efficiency, and resilience. It is anticipated that over $5 trillion will be invested in infrastructure, including renewables, transmission, manufacturing, and electrification by 2030, predominantly through credit.
Galvanize’s new strategy will focus on the entire energy transition value chain. It targets investments in utility-scale and distributed renewable energy, grid and storage solutions, fleet electrification, energy efficiency, and advanced materials manufacturing. These investments will span the U.S., Canada, and Europe. The strategy will offer a diverse range of financing tools, from structured non-bank and special situations credit to preferred equity and opportunistic capital, covering both public and private markets globally.
The Credit and Capital Solutions strategy will be chaired by former Congress Member and CEO of HealthCare Financial Partners and CapitalSource, John Delaney. It will be co-led by Chris Creed, formerly Chief Investment Officer of the U.S. Department of Energy’s Loan Programs Office. Other partners include former Riverstone Managing Director Meghan Pasricha, former Farallon special situations investor Anatoly Bushler, and Suresh Vasan, who previously served as a Managing Director at GE Energy Financial Services.
John Delaney commented, “Even amid policy uncertainty, we believe the growth of clean energy is accelerating—driven by economics, resilience, and demand. The strategy focuses on providing capital solutions that support what’s getting built on the ground: infrastructure, supply chains, and systems that power the next generation of growth.”
