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 — "Superhighway"

December 2024Australia Clean Energy Finance CorporationUtilityRenewable power, Energy storage, TransmissionCo-investment, SubordinationDebt investmentAustralia
The CEFC confirmed its single-largest investment commitment since inception, committing up to $1.92 billion to enable the construction of a clean energy “superhighway” connecting millions of consumers to low emissions, low-cost renewable energy as Australia pushes toward net zero emissions…

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.

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…

NYCEEC

June 2022New York Green BankResidential, MUSH, Business (C&I and SME)Renewable power, Energy efficiencySubordinationDebt investmentNew York
On June 2, 2022, NY Green Bank (“NYGB”) provided a $5.0 million subordinated term loan to the New York City Energy Efficiency Corporation (“NYCEEC”). On November 28, 2022, NYGB upsized this facility with an additional $5.0 million subordinated term loan…

NYCEEC Subordinate Loan

June 2022New York Green BankResidential, MUSH, Business (C&I and SME)Energy efficiencySubordinationDebt investmentNew York
In June 2022, NYGB entered into a subordinated loan facility, originated through RFP 19, that will enable NYCEEC to make loans to finance energy efficiency projects in NYS that benefit Disadvantaged Communities. At present, Impact-focused lenders are undercapitalized relative to…

PosiGen

May 2022DC Green BankUtilitySolarSubordination, Financing through tax payments, Co-investmentDebt investmentWashington, D.C.
DC Green Bank closed a $7 million deal with PosiGen to accelerate the deployment of residential solar across the District for low-to-moderate income (LMI) residents. The loan agreement will unlock funding for the construction of up to 3,000 kW of…

East Rockingham Resource Recovery Facility

December 2019Australia Clean Energy Finance CorporationUtilityWaste-to-energy, Waste managementSubordinationDebt investmentAustralia
The A$511 million East Rockingham Resource Recovery Facility (ERRRF) will help tackle Australia’s rising waste management problem by diverting waste from landfill. It will also generate renewable baseload energy to support WA’s electricity network. The CEFC is committing up to…

Canton Hydroelectric Facility

July 2019Connecticut Green BankUtility, MUSHSmall hydroSubordination, Guarantee/insuranceDebt investmentConnecticut
The construction of a 1 megawatt (MW) hydroelectric facility at the Upper Collinsville Dam on the Farmington River in Canton resumed construction after the closing of the construction loans.  The project is the result of significant expertise and innovation from…

Campus solar installations

September 2017Connecticut Green BankMUSHSolarSubordination, Co-investmentDebt investmentConnecticut
The Connecticut State Colleges & Universities (CSCU) partnered with Current powered by GE, SunLight Solar Energy and CT Green Bank to install solar energy systems at three campuses in order to reduce energy consumption and decrease operating expenses. Construction began…

CT Solar Lease (SL2)

Closed Program Since 2017Connecticut Green BankResidential, MUSH, Business (C&I and SME)SolarWarehousing, Subordination, Loan loss reserve, Leasing, Financing through tax payments, Demonstration, Consumer education/marketingEquity investment, Debt investmentConnecticut
The CT Solar Lease was a financing product developed in partnership with a tax equity investor (US Bank) and a syndicate of local lenders (First Niagara Bank and Webster Bank). CT Green Bank provided a US$3.5 million loan loss reserve…

Multifamily Gap and Health & Safety Financing Loan

Open Program Since 2016Connecticut Green BankResidentialSolar, Low-emissions transport, Energy storage, Energy efficiencySubordinationDebt investmentConnecticut
This term loan provides gap financing enabling qualifying energy improvements to be implemented, as well as health and safety measures as needed. The loan product is subordinate, secured debt; unsecured debt may also be considered based on requirements of existing…

RenewFund Finance

September 2015New York Green BankResidentialSolar, Energy efficiencyWarehousing, Subordination, Standardization/Data collection, Securitization, Co-investmentDebt investmentNew York
NYGB committed US$20.0 million of subordinated capital to RenewFund Finance to support the extension of up to US$100 million of unsecured EE and RE loans to as many as 12,000 homeowners in NY State. Together with a warehouse line of…

CT Solar Loan

Closed Program Since 2015Connecticut Green BankResidentialSolarWarehousing, Subordination, Loan loss reserve, Interest rate buy-down, Consumer education/marketingGrant investment, Debt investmentConnecticut
Launched in March 2013 and running through FY15, the CT Solar Loan was a US$10 million pilot public-private partnership between CT Green Bank and Sungage Financial, with support from ARRA funds. The partnership enabled Sungage Financial to offer the CT…

PosiGen Solar + Efficiency for Low-to-Moderate Income Homeowners

Open Program Since 2015Connecticut Green BankResidentialSolar, Energy efficiencySubordination, Leasing, Fund investment, Co-investmentDebt investmentConnecticut
The Connecticut Green Bank offers a solar PV lease product targeted to the low-to-moderate income (LMI) population of the state through the solar developer PosiGen. The product is a partnership with PosiGen, a senior lender (Enhanced Capital) and a tax…

Anaerobic Digesters

Open Program Since 2013Connecticut Green BankMUSH, Business (C&I and SME)BiogasSubordinationGrant investment, Debt investmentConnecticut
Per Public Act 11-80 Section 103, the Green Bank developed a three-year pilot program for AD by setting aside US$2 million a year for three years - for a total of US$6 million. Funds to support the pilot programs can…

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