Prime Coalition Announces Trellis Climate to Accelerate Deployment of FOAK Projects

Prime Coalition announces Trellis Climate, to accelerate deployment of first-of-a-kind climate projects through catalytic capital. The program will address commercialization barriers for startups building high-impact climate infrastructure solutions that are critical to reaching net zero.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Prime Coalition, a nonprofit on a mission to unlock catalytic capital and change the future of climate finance, today announced Trellis Climate (formerly called “Early Climate Infrastructure”), an impact-first catalytic capital program that invests in first-of-a-kind (FOAK) climate infrastructure projects. Trellis Climate is focused on projects with significant climate impact potential, a clear path to scale and a high dependence on catalytic capital for success.

Many climate solutions that are critical for addressing the climate crisis struggle to reach commercial scale due to financial barriers. Specifically, FOAK and early climate infrastructure projects are often viewed as too risky, too capital intensive, or both by commercial investors. As a result, many of these projects are struggling to find financing, and in some cases, developers are reducing project sizes or pivoting in ways that will dramatically slow the scaling journey. Trellis Climate will contribute to closing this funding gap by leveraging risk-tolerant, catalytic capital to expedite the scaling of climate technologies that are necessary to achieve net-zero targets by 2050.

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