Green Bank Network Member Transaction Database

Around the world, Green Bank Network members are driving investment in green solutions to successfully advance climate and sustainable development goals. By sharing investment risks, building local capacity, and transforming markets, Green Bank Network members are helping cities, states, and countries scale up climate action. 

The information contained in this database (“information”) has been compiled by the Green Bank Network secretariat from publicly available information, and specific pieces of information are not necessarily approved by Green Bank Network members. The information is for informational purposes only and must only be used for noncommercial purposes.  All other use and all copying, disclosure, or reproduction of the information or any part of it is prohibited (except to the extent permitted by law).

Neither the Green Bank Network nor any of its members makes any representation as to the accuracy, quality, completeness, or fitness for purpose of any information contained herein and the Green Bank Network and each of its members disclaim all responsibility and liability for the Information (including, without limitation, liability for fault, negligence, or negligent misstatement).

The GBN member investment figures in the transaction descriptions refer to committed funds at the time of transaction close and are not necessarily indicative of capital deployed. All transaction-level investment figures and other details are based on the best available information and estimates made at the time of transaction closing.

The taxonomy for risk mitigants used to describe the private sector engagement activities for each transaction are adapted from the Organisation for Economic Cooperation and Development’s report, Green Investment Banks: Scaling up Private Investment in Low-carbon, Climate-resilient Infrastructure. This taxonomy is used to generalize types of activities across GBN members and may not be reflective of the language individual institutions use to describe their investments, which can be found in their own media.

Some of the transactions may have been updated on GBN member websites but not yet in this listing, so please refer to member websites for the most up-to-date information. Note that individual institutions may have a document detailing a summary of revisions to transaction descriptions on their websites.

With questions regarding this transaction list, please contact contact@greenbanknetwork.org.

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Good Carbon Co. ITC Upsize

September 2025New York Green BankResidential, Community equityGeothermalBridge loanDebt investmentEast
NYGB committed a $20.0MM upsize and ITC amendment expanding the heritage incentive bridge facility to connect to expected federal ITC sales on the transferability market. The facility is expected to finance construction of more than 25 geothermal systems in affordable…

Good Carbon Co. Upsize

August 2025New York Green BankResidential, Community equityGeothermalBridge loanDebt investmentEast
NYGB committed a $3.0MM upsize to an existing $8.0MM incentive bridge facility that was closed in February 2022. The upsize bridges a near-term pipeline of NYSERDA and utility incentives, enabling the counterparty to close on construction loans for geothermal systems…

Scale Microgrids

May 2025New York Green BankUtilityEnergy storage, Solar, Renewable powerDemonstrationDebt investmentEast
NYGB committed $50.0MM in a multi-draw loan facility to finance the construction and operation of solar, battery, and microgrid energy projects across five states. The portfolio includes community solar projects totaling over 50 MW in New York State.

Convergent IX

May 2025New York Green BankUtilityEnergy storageRevolving credit facilityDebt investmentEast
NYGB committed $15.0MM in a revolving loan facility to support Convergent Energy and Power in funding the interconnection costs for 16 battery storage projects totaling 74 MW/296 mwh in New York City.

Rangel PACT

March 2025New York Green BankResidentialEnergy efficiency, Stormwater managementBridge loanDebt investmentNew York City
This multi-draw loan will finance the predevelopment costs of upgrading 984 housing units within the eight buildings that comprise Rangel Houses, a public housing complex in New York City’s Harlem neighborhood. NY Green Bank will fund predevelopment expenses for a…

Nonprofit Finance Fund

March 2025New York Green BankResidentialLow-emissions transport, Energy efficiency, Energy storageTerm loan facilityDebt investmentNew York
This $25 million multi-draw, senior unsecured term loan will enable the Nonprofit Finance Fund to offer its borrowers low-cost financing for technologies that reduce emissions and increase energy affordability in underserved communities in New York. Projects supported through this loan…

Revel BlackRock

December 2024New York Green BankTransportLow-emissions transportBridge loan, DemonstrationDebt investmentNew York City
Accelerating the deployment of electric vehicle (EV) fast-charging sites across New York City—including four active sites and the construction of nine new sites—this multi-draw, senior-secured facility represents a first-of-its-kind transaction for NY Green Bank and supports its strategic priority to…

BRP 466 Main Street

December 2024New York Green BankResidentialRenewable power, Solar, Energy efficiencyBridge loanDebt investmentNew York
This $28.5 million facility is financing acquisition and predevelopment expenses for the new construction of two fully electrified residential towers in New Rochelle, New York, comprising of 805 units. A portion of the units will be designated as affordable housing…

NineDot Upsize

June 2024New York Green BankUtilityEnergy storage, Renewable powerRevolving credit facilityDebt investmentNew York
In June 2023, NineDot closed on a senior secured revolving credit facility with NY Green Bank. This facility has been used to finance interconnection deposits for a portfolio of distributed battery energy storage projects in New York State. To support…

NYCEEC SHF Melrose Concourse

May 2024New York Green BankResidential, Community equityEnergy efficiency, Renewable powerCo-investmentDebt investmentNew York
NY Green Bank’s $1.25 million participation in the $2.5 million predevelopment loan will support the development of all-electric, 72-unit affordable housing buildings serving a historically disadvantaged community in the Bronx, New York. Additionally, NY Green Bank’s participation in this predevelopment…

NYCEEC SHF Coney Island

May 2024New York Green BankResidential, Community equityEnergy efficiency, Renewable powerCo-investmentDebt investmentNew York
NY Green Bank’s $1.75 million participation in the $3.5 million predevelopment loan will support the development of a Passive House–certified, all-electric, 172-unit affordable housing building serving a historically disadvantaged community in Coney Island, Brooklyn. Additionally, NY Green Bank’s participation in…

Norbut Solar Farms

May 2024New York Green BankUtilityEnergy storage, SolarRevolving credit facilityDebt investmentNew York
NY Green Bank’s $8 million senior secured revolving credit loan will support the development of community distributed generation solar and solar-plus-storage projects in New York State. This transaction marks NY Green Bank’s first interconnection (IX) finance transaction that supports solar-plus-storage…

Community Development Long Island

May 2024New York Green BankResidential, Community equityEnergy efficiency, Renewable powerTerm loan facilityDebt investmentNew York
Community Development Long Island (CDLI) has secured a $5 million multi-draw senior unsecured term loan (the facility) from NY Green Bank under the Community Decarbonization Fund. CDLI will use this facility to fund its multifamily, real estate development loans in…

NYCEEC Subordinate Loan Upsize #2

May 2024New York Green BankResidential, Community equityEnergy efficiency, Renewable powerTerm loan facility, SubordinationDebt investmentNew York
NYCEEC will use NY Green Bank’s upsized facility to continue making loans to finance clean energy and building decarbonization projects located in New York State that benefit historically marginalized and historically underserved communities.

Catalyze CDG

April 2024New York Green BankUtility, Community equitySolarTerm loan facilityDebt investmentNew York
On March 28, 2024, NY Green Bank (NYGB) committed a $100 million facility that will enable First American Equipment Finance to purchase equipment at fair market value and to lease such equipment to Catalyze Holdings LLC. The equipment is part…

Leviticus Fund

April 2024New York Green BankResidential, Community equityEnergy efficiencyTerm loan facilityDebt investmentNew York
NY Green Bank’s $18.3 million multi-draw senior unsecured term loan, under the Community Decarbonization Fund, will enable Leviticus to fund its multifamily, real estate development loans that support new construction and retrofits of energy-efficient affordable housing, primarily in New York…

Carver Federal Savings Bank

April 2024New York Green BankResidential, Community equityEnergy efficiency, Renewable powerTerm loan facilityDebt investmentNew York
The Carver Federal Savings Bank has secured a $25 million revolving senior unsecured term loan under the Community Decarbonization Fund. Carver expects to use this facility to fund building decarbonization projects across New York State. Carver is one of the…

Low Income Investment Fund

March 2024New York Green BankResidential, Community equity, Business (C&I and SME)Energy efficiency, Renewable powerTerm loan facility, Revolving credit facilityDebt investmentNew York
On March 7, 2024, NYGB committed a $25 million revolving senior unsecured term loan under the Community Decarbonization Fund (CDF). The Low Income Investment Fund (LIIF) expects to use this facility to fund building decarbonization projects across New York State…

Greenwood Sustainable Infrastructure

February 2024New York Green BankUtilitySolarRevolving credit facilityDebt investmentNew York
On February 9, 2024, NY Green Bank (NYGB) closed a $10 million senior secured revolving credit facility that will be used to finance interconnection processes for a portfolio of community distributed generation (CDG) solar projects in New York State. Greenwood…

OYA Greenbacker Upsize

January 2024New York Green BankUtilitySolarCo-investmentDebt investmentNew York
In December 2020, NY Green Bank (NYGB) committed $13 million to a development facility with Greenbacker Development Opportunities Fund (GDEV) as a co-lender to finance the development of up to 109 megawatts (MW) of community distributed generation (CDG) solar projects…

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