NY Green Bank: Agent for Greater Private Sector Investment in Sustainable Infrastructure

Mission

To accelerate clean energy deployment in New York State by working in collaboration with the private sector to transform financing markets.

Who We Are

NY Green Bank is a State-sponsored, specialized financial entity working with the private sector to increase investments into New York’s clean energy markets, creating a more efficient, reliable and sustainable energy system.

NY Green Bank is a cost-effective and complementary component of New York State’s portfolio of clean energy programs. We work with clients and counterparties to address and alleviate specific gaps and barriers in current clean energy capital markets through a variety of approaches and transaction structures. Since inception, NY Green Bank has utilized innovative approaches to financing structures to mobilize clean energy activity and private capital in New York State, reducing the need for further ratepayer funding.

A Key Player in New York’s Energy Landscape

NY Green Bank is a critical component of Governor Andrew M. Cuomo's Reforming the Energy Vision. REV is building a cleaner, more resilient, and affordable energy system by designing a flexible power grid, giving customers more control over their energy use, and better aligning clean energy projects with market demand.

NY Green Bank is a division of NYSERDA.