Deals Counterparts

New York Green Bank

company

NY Green Bank is a state-sponsored specialized financial entity that partners with the private sector to accelerate clean energy and sustainable infrastructure investments in New York State. It provides innovative financing solutions to overcome market barriers and mobilize private capital for projects that reduce greenhouse gas emissions and advance the state's climate goals.

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Founded 2013 Parent: New York State Energy Research and Development Authority (NYSERDA)
State-Sponsored Financial InstitutionLenderInvestor

Strategic Overview

  • NY Green Bank aims to de-risk clean energy investments to attract greater private capital.
  • It focuses on market gaps where traditional financing is unavailable or insufficient.
  • The bank prioritizes projects that align with New York State's climate and clean energy goals, including the Climate Leadership and Community Protection Act (CLCPA).

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Key People

Alfred Griffin
President
Adam Ruder
Vice President, Clean Energy Programs
David Sandbank
Vice President, Distributed Energy Resources
Janet Joseph
Senior Vice President, Strategy and Market Development

Track Record

4,700
MW Total
11
Years Active
$M2,200M
Total Value

Detailed Analysis

Technologies
Solar PVOnshore WindOffshore WindBattery StorageEnergy EfficiencyEV ChargingMicrogridsGeothermal
Sectors
Energy TransitionUtilitiesTransport
Geographies
USANew York
Deal Stage
GreenfieldBrownfieldOperating
Deal Structure
Debt FinancingCredit EnhancementsLoan Loss ReservesWarehouse FacilitiesConstruction LoansTerm Loans

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