The hydrogenation of ketones catalyzed by 2,6-bis(diisopropylphosphinomethyl)pyridine (PNP)-ligated iron pincer complexes was studied using the range-separated and dispersion-corrected omega B97X-D functional in conjunction with the all-electron 6-31++G(d,p) basis set. A validated structural model in which the experimental isopropyl groups were replaced with methyl groups was employed for the computational study. Using this simplified model, the calculated total free energy barrier of a previously postulated mechanism with the insertion of ketone into the Fe H bond is far too high to account for the observed catalytic reaction. Calculation results reveal that the solvent alcohol is not only a stabilizer of the dearomatized intermediate but also more importantly an assistant catalyst for the formation of trans-(PNP)Fe(H)(2)(CO), the actual catalyst for hydrogenation of ketones. A direct reduction mechanism, which features the solvent-assisted formation of a trans dihydride complex trans-(PNP)Fe(H)(2)(CO), direct transfer of hydride to acetophenone from trans-(PNP)Fe(H)(2)(CO) for the formation of a hydrido alkoxo complex, and direct H-2 cleavage by hydrido alkoxo without the participation of the pincer ligand for the regeneration of trans-(PNP)Fe(H)(2)(CO), was predicted.