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NY Green Bank hits record USD 117.5m of clean energy deals in Q4

February 17, 2020 by l

 
” The NY Green Bank registered USD 117.5 million (EUR 108.4m) of clean energy investments in the fourth quarter of 2019, its strongest quarter in terms of financing commitments.

NY Green Bank is focused on supporting investment in renewable energy and energy efficiency projects, in line with the state’s goal to source 70% of its power from renewables by 2030 and the ambitious capacity deployment targets behind it. It also backs the state’s objective for an 85% cut in greenhouse gas emissions by 2050.
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. …Eden Renewables obtained a USD-2.5-million bridge loan to cover deposits made to secure interconnection rights for 84 MW of community distributed solar projects.”

 
read the entire article
 
Renewables Now 17 February 2020.
 

Posted in: Eden Renewables Tagged: bridge loan, community solar, Eden Renewables, loan, NY Green Bank, NYSERDA
← NY Green Bank Announces Strongest Quarter to Date, Committing More Capital in Fourth Quarter of 2019 Than Any Other Quarter
Seven sheep killed in early morning barn fire in Delanson →

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