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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Rewiring the Nation Fund

October 2023Australia Clean Energy Finance CorporationUtilityRenewable power, Energy storageFund investmentDebt investmentAustralia
The CEFC has confirmed its first investment via the landmark Rewiring the Nation (RTN) Fund, committing $100 million to support the delivery of substantial clean energy projects in NSW. The RTN Fund, formally established in July, is set to play…

WA Battery Recycling

October 2023Australia Clean Energy Finance CorporationBusiness (C&I and SME)Renewable power, Energy storageFund investment, Co-investmentVenture capital, Equity investmentAustralia
Australian battery recycling startup Renewable Metals has closed an $8 million investment round to scale and commercialise its groundbreaking lithium-ion battery recycling technology, backed by the CEFC and leading Asia Pacific and US-based investors. The CEFC investment is managed by…

NineDotIX

June 2023New York Green BankUtilityRenewable power, Energy storageDemonstrationDebt investmentNew York
NYGB committed $25MM to fund interconnection expenses and other associated fees in the development of a portfolio of distributed energy storage projects, representing NYGB’s first purely energy storage transaction. This facility is a $25 million senior-secured revolving credit facility to…

Sealed Upsize

February 2023New York Green BankResidentialSolar, Energy storage, Energy efficiencyDemonstrationDebt investmentNew York
In June 2022, NYGB increased its existing senior-secured revolving credit facility with Sealed Inc, an energy service provider, by $7.5 million. The upsize to NY Green Bank’s existing loan will increase Sealed’s ability to offer an innovative financing option to…

Hecate Energy

December 2022New York Green BankUtilitySolar, Energy storageSubordination, Co-investmentDebt investmentNew York
On December 19, 2022, NY Green Bank (“NYGB”) closed a $60.0 million participation in a $250.0 million term loan to Hecate Energy, LLC. NYGB’s participation in the term loan will support Hecate Energy, LLC in selling solar and battery storage…

ACEN Australia

October 2022Australia Clean Energy Finance CorporationUtilitySmall hydro, Renewable power, Energy storageCo-investmentDebt investmentAustralia
Renewables developer ACEN and the CEFC have joined forces to develop large-scale clean energy assets across Australia, powered by a $75 million CEFC investment that will help accelerate the delivery of an 8 GW clean energy portfolio that includes solar…

Capital Battery

October 2022Australia Clean Energy Finance CorporationUtilityRenewable power, Energy storageCo-investmentDebt investmentAustralia
CEFC has made its third large scale battery storage investment, committing $35.5 million in project finance to the 100 MW Capital Battery. The battery will provide critical network support, enabling it to accommodate more clean energy and support the ACT's…

RCF Jolimont Mining Innovation Fund II

September 2022Australia Clean Energy Finance CorporationBusiness (C&I and SME)Low-emissions transport, Energy storage, Energy efficiencyFund investmentDebt investmentAustralia
The CEFC has committed up to $21 million to unlock and commercialize innovative technology solutions that will help mining operations decarbonize and reposition the sector to capture the benefits of the future low emissions economy. The CEFC investment into the…

ANZ Bank Clean Energy Finance Program

August 2022Australia Clean Energy Finance CorporationBusiness (C&I and SME)Renewable power, Energy storage, Energy efficiencyFund investment, Co-investmentDebt investmentAustralia
The CEFC is investing up to $200 million alongside ANZ Bank as part of a new program to provide discounted clean energy finance to ANZ business customers. The discounted finance is designed to encourage small to medium sized (SME) businesses…

Octopus Investments Renewable Energy Platform

July 2022Australia Clean Energy Finance CorporationBusiness (C&I and SME)Solar, Renewable power, Energy storageFund investment, Cornerstone stakeDebt investmentAustralia
The CEFC has made a $75 million cornerstone commitment to Octopus Investments Australia’s first renewable energy platform for the development of utility scale solar and storage. The investment comes alongside a commitment made by leading Australian superannuation fund, Hostplus, further…

3ME Bladevolt Battery System

October 2021Australia Clean Energy Finance CorporationBusiness (C&I and SME)Energy storageCo-investmentGrowth capitalAustralia
The CEFC has invested $5 million in 3ME Technology, an Australian heavy vehicle battery manufacturer designing and producing energy-dense, lithium-ion battery systems to power mining electric vehicles and equipment. The CEFC investment in the Newcastle-based company is part of a…

Nexamp

February 2021New York Green BankUtilitySolar, Energy storageTerm loan facility, DemonstrationDebt investmentUnited States
NYGB’s $25.0 million commitment in the Term Loan is expected to support a total of 95 distributed solar projects across NYS, Massachusetts, Illinois, Maryland and Georgia, including 30 distributed solar projects – totaling 144 MW – in NYS, which will…

Tesla SA VPP

September 2020Australia Clean Energy Finance CorporationUtilitySmart grid technology, Energy storageFund investmentDebt investmentAustralia
The CEFC has invested up to $30 million in the VPP. The program is also supported by an $8.2 million grant from ARENA, an $18 million equity contribution from VPP operator Tesla and $10 million from the South Australian Government’s…

NineDot Energy

June 2020New York Green BankUtilityFuel cell, Energy storageTerm loan facility, Bridge loanDebt investmentUnited States
NY Green provided a 2-month senior secured $19.9 million bridge loan facility to New York Community Clean Energy HoldCo, LLC, a subsidiary of CertainSolar Inc., d/b/a NineDot Energy. Bridge Loan proceeds will finance development costs for community distributed generation Fuel…

solarZero

April 2020New Zealand Green Investment FinanceUtility, ResidentialSolar, Energy storageGuarantee/insuranceDebt investmentNew Zealand
New Zealand Green Investment Finance (NZGIF) has invested $10 million in solar energy services company solarZero, to support the growth of the company. The solarZero smart solar energy service provides households with more than solar panels. Its systems include solar…

BQ Energy – Mt. Kisco

April 2020New York Green BankUtilitySolar, Energy storageTerm loan facilityDebt investmentNew York
BQ Energy is a renewable energy project developer specializing in landfill and brownfield site redevelopment. As the sixth installation of a larger portfolio of projects to be financed in collaboration with NY Green Bank, BQ received a $2.27 million construction-to-term…

Qualitas Build-to-Rent Impact Fund

February 2020Australia Clean Energy Finance CorporationResidentialWater conservation, Solar, Energy storage, Energy efficiencyCornerstone stakeEquity investmentAustralia
Real estate investment management firm Qualitas has created Australia’s first property debt fund to elevate minimum sustainability criteria into its investment criteria. The Fund is also Australia’s first dedicated build-to-rent (BTR) debt platform. The Qualitas Build-to-Rent Impact Fund (QBIF, or…

Stockland Property Group Portfolio-Wide Efficiency

February 2020Australia Clean Energy Finance CorporationResidential, MUSH, Business (C&I and SME)Solar, Energy storage, Energy efficiencyTerm loan facilityDebt investmentAustralia
Australian property group Stockland is undertaking a portfolio-wide energy efficiency retrofit program, as well as the development of a market-leading Green Star design standard for new-build retirement living.  Energy efficient initiatives implemented under the program will help make Stockland’s logistics…

Victorian Big Battery (VBB)

February 2020Australia Clean Energy Finance CorporationUtilityEnergy storageTerm loan facility, DemonstrationDebt investmentAustralia
The CEFC on behalf of the Australian Government has invested $160 million to build the Neoen 300 MW Victorian Big Battery (VBB), providing a critical boost to the state’s grid security while driving down power prices and supporting more renewable…

Relectrify

January 2020Australia Clean Energy Finance CorporationUtility, Residential, Business (C&I and SME)Energy storage, Energy efficiencyCo-investmentEquity investmentAustralia
In December 2018, Relectrify announced a collaboration with Nissan Motor and Sumitomo subsidiary 4R Energy Corp to deliver battery storage products. The CEFC has increased its stake in Relectrify, investing a further $2.5 million through the Innovation Fund to lead…

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