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.

Viewing 1 - 16 of 16

MetroEco

July 2024Australia Clean Energy Finance CorporationBusiness (C&I and SME)Energy efficiency, Low-emissions transport, SolarSecuritization, WarehousingDebt investmentAustralia
CEFC finance will help small- to medium-size businesses (SMEs) improve energy efficiency and reduce emissions via discount loans for a broad range of clean energy technologies offered by independent Australian auto finance lender Metro. The $50 million CEFC commitment to…

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…

Sunrun Safe Harbor

May 2023New York Green BankResidentialSolarWarehousing, AggregationDebt investmentNew York
NY Green Bank (“NYGB”) has entered into five transactions to accelerate the deployment of more than 14,500 solar projects at homes across New York State (“NYS”) by Sunrun, Inc. (“Sunrun”). Sunrun is a national solar provider that markets and develops…

Murra Warra II Wind Farm

August 2020Green Investment Group (United Kingdom)Utility, Business (C&I and SME)Onshore windWarehousingEquity investmentAustralia
The consortium comprising RES, the world’s largest independent renewable energy company and Macquarie’s Green Investment Group (GIG) announced today the completion of the development phase of the second stage of the Murra Warra Wind Farm near Horsham in Western Victoria…

Sunrun

March 2020New York Green BankResidentialSolarWarehousing, Securitization, Refinancing, Co-investment, AggregationDebt investmentNew York
NY Green Bank has entered into four transactions to accelerate the deployment of more than 14,500 solar projects at homes across New York State by Sunrun, Inc. Sunrun is a national solar provider that markets and develops residential solar energy…

Securitization of solar home renewable energy credits

April 2019Connecticut Green BankResidentialSolarWarehousing, Securitization, AggregationUnited States
In April 2019, CT Green Bank announced the sale of $38.6 million investment-grade rated asset-backed security (ABS) notes. This innovative first-of-its-kind issuance monetizes the solar home renewable energy credits (SHRECs) generated through the Residential Solar Investment Program (RSIP). The sale…

Vivint Solar

March 2017New York Green BankResidentialSolarWarehousing, Co-investment, AggregationNew York
NY Green Bank committed US$20.0 million to participate in a US$37.5 million revolving back leverage aggregation facility for Vivint Solar Inc., a national residential solar installer. This represents an expansion of NYGB's support for Vivint Solar's development efforts in New…

Spruce Finance

March 2017New York Green BankResidentialSolarWarehousing, Securitization, Refinancing, Co-investmentDebt investmentNew York
Spruce is a consumer finance company that provides U.S. homeowners with financing for residential solar and energy efficiency improvements. Among its product offerings, Spruce makes residential solar energy systems available to homeowners pursuant to 20 to 25-year Power Purchase Agreements…

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…

Sealed

May 2016New York Green BankResidentialEnergy efficiencyWarehousing, Demonstration, AggregationDebt investmentNew York
NYGB provided a US$5.0 million senior-secured revolving credit facility to Sealed Inc. that will support financing for up to US$7.5 million in energy efficiency upgrades for up to 400 homeowners in New York. Sealed is a NYS-based energy software company…

Mosaic

April 2016New York Green BankResidentialSolarWarehousing, Fund investment, AggregationDebt investmentNew York
Mosaic is a financial technology company which, utilizing a third party contractor network, provides homeowners with loans to finance the installation of solar systems on their homes. At the request of Guggenheim Partners, a global investment and advisory financial services…

Low emissions fleet vehicles with Eclipx

September 2015Australia Clean Energy Finance CorporationBusiness (C&I and SME)Low-emissions transportWarehousing, Securitization, DemonstrationDebt investmentAustralia
In partnership with Eclipx Group, an established leader in vehicle fleet leasing, fleet management and diversified financial services across Australia and New Zealand, CEFC committed AU$50 million to support the increased uptake of low emissions vehicles by corporate, government and…

Level Solar

September 2015New York Green BankResidentialSolarWarehousing, Demonstration, Co-investmentDebt investmentNew York
A US$25.0 million credit facility provided by NY Green Bank will allow Level Solar, a New York-based solar provider that designs and installs systems at no cost to the customer, to materially grow its customer base. By providing renewable power…

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…

Commercial Property Assessed Clean Energy (C-PACE)

Open Program Since 2014Connecticut Green BankMUSH, Business (C&I and SME)Solar, Energy efficiencyWarehousing, Standardization/Data collection, Securitization, Financing through tax payments, Consumer education/marketingDebt investmentConnecticut
Commercial Property Assessed Clean Energy (C-PACE) is a structure through which commercial property owners can finance energy efficiency and renewable energy improvements through financing secured by a voluntary benefit assessment on their property and repaid via the property tax bill…

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