“NY Green Bank, an investment fund for sustainable infrastructure projects, wants to ensure that disadvantaged communities across New York state aren’t left out of the transition to clean energy. The publicly backed entity is developing a $250 million “community decarbonization fund” to provide low-cost capital to community development financial institutions and other lenders for … [Read more…]
“Managing Director Also Added to Lead Disadvantaged Communities-Focused Lending August 12, 2021 NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), today announced Andrew Kessler as President. Mr. Kessler has been serving as Acting President since February 2021. NY Green Bank also announced the addition of David … [Read more…]
“A lending agency operated by the state Energy Research and Development Authority has received its first infusion of private, non-government funding for green energy projects. NY Green Bank, which is a division of NYSERDA this week said it has closed on its first private capital fundraising round, with $314 million from Bank of America. … [Read more…]
“On November 8, 2019, NY Green Bank (“NYGB”) provided a 24-month senior secured $2.5 million bridge loan facility (the “Bridge Loan”) to Eden Devco Borrower LLC (“Borrower”), which is owned by Eden Devco LP (“Sponsor”), a limited partnership that is managed by Eden Renewables LLC (“Eden”). On March 31, 2020, NYGB increased the Bridge … [Read more…]
“On November 8, 2019, NY Green Bank (“NYGB”) provided a 24-month senior secured $2.5 million bridge loan facility (the “Bridge Loan”) to Eden Devco Borrower LLC (“Borrower”), which is owned by Eden Devco LP (“Sponsor”), a limited partnership that is managed by Eden Renewables LLC (“Eden”). On March 31, 2020, NYGB increased the Bridge … [Read more…]
” 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 … [Read more…]
“$2.5 Million Bridge Loan to Eden Renewables – Supporting the Deployment of Community Solar Projects NY Green Bank’s $2.5 million bridge loan to Eden Renewables will finance the deposits made to National Grid to secure interconnection rights for a portfolio of community distributed generation solar projects in New York State. This transaction is expected … [Read more…]
read the purchase order PDF source: Freedom of Information request to NYSERDA December 2019. Oak Hill Solar 1 & 2 Resolution September 19, 2019 does not include retail storage.
“Bridge Loan to Support the Deployment of Community Solar Projects Eden Renewables, LLC On November 8, 2019, NY Green Bank (“NYGB”) provided a 24-month senior secured $2.5 million bridge loan facility (the “Bridge Loan”) to Eden Devco Borrower LLC (“Borrower”), which is owned by Eden Devco LP (“Sponsor”), a limited partnership that is managed … [Read more…]