Turtle Hill Capital, a specialty credit platform delivering capital solutions for the energy transition, provided a $25 million structured credit facility to support Haven Energy, arranged in partnership with Deep Ocean Partners. Structured around federal, state and utility incentive flows, the facility provides critical liquidity to accelerate Haven’s development of residential solar and storage assets in California and support expansion nationwide.
“The energy transition doesn’t just require new technology; it requires new financial infrastructure to match the pace of innovation,” Vinnie Campo, co-founder and CEO of Haven, said. “Turtle Hill understands the economics and nuances of deployment at a deep level. Their structuring gives us the flexibility to reach more households and build distributed capacity faster than traditional financing models allow.”
Zeev Krieger, CEO of Turtle Hill, said, “Distributed energy is needed and ready to scale; the lack of capital rails to support and accelerate deployment has been, perhaps, the biggest hurdle to adoption. Operators like Haven are building critical grid capacity and resilience, and asset-based credit provides the financing architecture that allows that capacity to grow with the urgency the grid now requires.”
