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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Far North Solar Farm

August 2024New Zealand Green Investment FinanceBusiness (C&I and SME), UtilitySolarTerm loan facilityDebt investmentNew Zealand
The deal between New Zealand Green Investment Finance and utility solar developer Far North Solar Farm (FNSF) sees the Crown-owned bank providing a $78 million facility to finance grid connection infrastructure and broader development activities as required by FNSF across…

Rural Energy

June 2024New Zealand Green Investment FinanceBusiness (C&I and SME), UtilitySolarTerm loan facilityDebt investmentNew Zealand
New Zealand Green Investment Finance (NZGIF) provided a $10 million credit facility to Rural Energy to finance "solar as a service" power purchase agreements for dairy farms in New Zealand. Rural Energy, a solar installer and energy retailer, helps reduce…

Sunergise

June 2024New Zealand Green Investment FinanceBusiness (C&I and SME), UtilitySolarTerm loan facilityDebt investmentNew Zealand
The solar company Sunergise has received a significant boost, via a $10 million lending facility from New Zealand Green Investment Finance, to increase its rollout of solar PV generation assets for commercial properties across New Zealand. Sunergise has installed solar…

Neocrete

March 2024New Zealand Green Investment FinanceBusiness (C&I and SME)Low-emissions constructionCo-investmentEquity investment, Venture capitalNew Zealand
A New Zealand startup focused on decarbonizing concrete has secured US$4 million (NZ$6.5 million) in a seed funding round led by Wavemaker Partners, Singapore. New Zealand Green Investment Finance (NZGIF) and Icehouse Ventures also invested. The funding round was oversubscribed…

Hot Lime Labs

November 2023New Zealand Green Investment FinanceAgricultureWaste-to-energyDemonstration, Term loan facilityDebt investmentNew Zealand
NZGIF is lending up to $1 million to Hot Lime Labs—a producer of sustainably sourced CO2 used to increase food production in glasshouses—as part of the NZGIF Green Finance Accelerator. The Hot Lime Labs system extracts CO2 and heat from…

NZGIF Solar Finance Programme

September 2023New Zealand Green Investment FinanceUtility, Residential, Business (C&I and SME)Solar, Renewable powerWarehousing, Securitization, Co-investment, AggregationDebt investmentNew Zealand
NZGIF has led a NZ$170 million (US$ 105.8 million) capital raise to launch a newly created NZGIF Solar Finance program. NZGIF attracted NZ$90 million (US$ 50 million) of private capital from First Sentier Investors and Natixis Investment Managers, alongside its…

Lightyears Solar

September 2023New Zealand Green Investment FinanceUtilitySolar, Renewable powerDemonstrationDebt investmentNew Zealand
NZGIF will supply up to $25m to fund the construction of connection assets for the new ~50MW TOPP2 geothermal plant. Additionally, it will enable upgrades to the existing connection of the 25MW Te Ahi O Maui geothermal plant.

Eastland Generation

August 2023New Zealand Green Investment FinanceUtilityRenewable powerDemonstrationDebt investmentNew Zealand
NZGIF will supply up to $25m to fund the construction of connection assets for the new ~50MW TOPP2 geothermal plant. Additionally, it will enable upgrades to the existing connection of the 25MW Te Ahi O Maui geothermal plant.

Lodestone Energy

July 2023New Zealand Green Investment FinanceResidentialSolarGuarantee/insuranceDebt investmentNew Zealand
NZGIF will supply up to $15m in working capital to Lodestone Energy, to further support the construction of five solar farms in New Zealand. When completed, Lodestone’s solar farms will generate enough energy to power 50,000 average homes. Lodestone will…

Kayasand

May 2023New Zealand Green Investment FinanceBusiness (C&I and SME)Waste managementCo-investmentEquity investmentNew Zealand
Kayasand, a distributor of premium sand manufacturing technology, is opening its first V7 high-technology manufacturing demonstration plant in New Zealand. Kayasand's plant uses waste products such as recycled glass, concrete and slag, and turns them into premium sand for concrete…

Ruminant BioTech

May 2023New Zealand Green Investment FinanceAgricultureBio-sequestrationCo-investmentEquity investmentNew Zealand
NZGIF has made a $2.5 million equity investment in Ruminant BioTech (RBT), an innovative agri-tech company that has developed a sustained release methane inhibitor for livestock which is designed to achieve significant methane reductions. This investment will help accelerate the…

Thundergrid

January 2023New Zealand Green Investment FinanceTransportLow-emissions transportDemonstrationDebt investmentNew Zealand
New Zealand’s electric vehicle charging network is getting a boost with New Zealand Green Investment Finance’s $1m investment in EV charger and network management company  Thundergrid. Thundergrid specialises in supplying EV charging stations and managing charging networks for major corporates…

Solagri Energy

December 2022New Zealand Green Investment FinanceBusiness (C&I and SME)SolarDemonstrationDebt investmentNew Zealand
New Zealand Green Investment Finance (NZGIF) is investing $10m in Solagri Energy to help rollout solar energy to New Zealand farms in a deal announced today. Based in Canterbury, Solagri provides an innovative ‘solar as a service’ offering tailored specifically…

Zenobē Electric Bus Fleet

April 2022New Zealand Green Investment FinanceTransportLow-emissions transportLeasingDebt investmentNew Zealand
NZGIF is providing a $20 million finance facility to support Zenobē with the deployment of electric bus (E-Bus) fleets under long-term lease agreements with major operators in New Zealand. A further $30 million is being held in reserve to support…

NZ Post

December 2021New Zealand Green Investment FinanceTransportLow-emissions transportFund investment, Co-investmentDebt investmentNew Zealand
New Zealand Green Investment Finance (NZGIF) and NZ Post have signed a $20 million financing agreement to accelerate the transition of the NZ Post fleet and its delivery contractors’ vehicles to electric vans (E-Vans) or low emissions vehicles (LEVs). NZGIF…

solarZero Schools

September 2021New Zealand Green Investment FinanceUtility, MUSHSolarCo-investmentDebt investmentNew Zealand
NZGIF has established an $8 million senior debt facility to fund the operation of solar panels on schools across New Zealand. It will do this by setting up a facility to provide financing for the installation of solar arrays (including…

CentrePort

June 2021New Zealand Green Investment FinanceTransport, Business (C&I and SME)Renewable power, Low-emissions transport, Energy efficiencyTerm loan facility, DemonstrationDebt investmentNew Zealand
New Zealand Green Investment Fund announced its first investment decision on 18 June 2020, providing $15 million to Wellington port CentrePort to be used to finance low carbon initiatives. The green credit facility provided by NZGIF will be used exclusively…

Energy Solution Providers (ESP)

December 2020New Zealand Green Investment FinanceBusiness (C&I and SME)Energy efficiencyDemonstration, Cornerstone stakeEquity investmentNew Zealand
Energy Solution Providers Ltd (ESP) helps companies achieve carbon reduction and cost savings with intelligent energy and carbon management solutions. ESP is one of the largest specialist companies of its kind in NZ and is well regarded as a market…

Carbn Group

October 2020New Zealand Green Investment FinanceTransportLow-emissions transportCornerstone stakeEquity investment, Debt investmentNew Zealand
NZGIF's investment is enabling Carbn to create a platform to scale-up finance and help the transition of fleets to electric vehicles. Carbn Group is a parent company of two distinct subsidiaries formed to support the uptake of low emissions vehicles…

Thinxtra, The IoT Telco

August 2020New Zealand Green Investment FinanceUtilityEnergy efficiencyCornerstone stakeEquity investmentNew Zealand
New Zealand Green Investment Finance announced an equity investment in Thinxtra, a leading Internet of Things (IoT) network and service provider operating an established network across New Zealand, Australia and Hong Kong. Thinxtra built, owns and supports a lowpower network…

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