Open Solicitations

NY Green Bank seeks proposals and input from qualified parties for both investment opportunities and, from time to time, its procurement needs. All investment activities are driven by transactions proposed through open solicitations. Information on all current solicitations—including details on submission—is available on this page.

NY Green Bank’s primary investment proposal intake occurs through submissions to Request for Proposals (RFP) 1: Clean Energy Financing Arrangements (see all documents for RFP 1). RFP 1 is an ongoing solicitation open to proposers in connection with a range of clean energy projects and businesses. Designed to remain flexible in the roles it can play in any given transaction, RFP 1 seeks to help developers and financiers overcome transaction barriers to scalable and replicable clean energy projects.

In addition, there are other opportunities to work with NY Green Bank on specific types of investments and technologies. These RFPs are informed by NY Green Bank’s ongoing market experiences and interactions with private sector lenders, investors and project developers, while seeking to advance and expand clean energy financing markets.

Occasionally, NY Green Bank also procures qualified service providers for a variety of tasks. These solicitations will also be listed on this page.

As some NY Green Bank opportunities are now closed and others are ongoing, the solicitations below will not be in sequential order.

Request for Proposal (RFP)

RFP 1: Clean Energy Financing Arrangements

NY Green Bank invites private sector capital providers and other clean energy industry participants to propose transactions involving NY Green Bank that facilitate the financing of clean energy projects in New York State, consistent with its mandate, mission and priorities in addressing financing market gaps and barriers.

Due Date:  Continuous

See all documents for RFP 1.

RFP 7: Construction & Back-Leveraged Financing for Ground-Mounted Solar

NY Green Bank’s RFP 7 is targeted at developers of photovoltaic (PV) solar projects selling to commercial, industrial and other institutional organizations (C&I) in New York State which plan to utilize third-party tax equity and seek back-leveraged financing for projects that: (1) generate revenue by selling net metering credits (or eqivalents) to C&I power users under applicable laws, regulations or administrative proceedings; (2) use Tier-1 Technology; (3) are in the advanced stage of development; and (4) are ground-mounted, canopy-mounted and non-residential rooftop PV solar projects.

Due Date:  Continuous

See all documents for RFP 7.

RFP 8: Efficiency & Renewables Financing Arrangements: Building & Property Owners

NY Green Bank’s RFP 8 is targeted at commercial and multi-family building owners, relevant lenders and investors, and clean energy contractors/service providers focused on such properties, who seek to finance the purchase of energy efficiency and/or renewable energy assets.

Due Date:  Continuous

See all documents for RFP 8.

RFP 10: Construction and Aggregation-to-Term Financing for CDG Solar Projects

NY Green Bank’s RFP 10 is targeted at developers and/or owners of solar photovoltaic (PV) projects that: (i) are in advanced stages of development; (ii) form part of the Community Distributed Generation Program; (iii) are compensated under the Value of Distributed Energy Resources Phase One Tariff, (iv) comply with all applicable provisions established under the Uniform Business Practices for Distributed Energy Resource Suppliers; (v) generate power using Tier 1 technology; (vi) earn revenue by selling volumetric or monetary credits to project members under revenue contracts; and (vii) are 500 KW to 2 MW in size, ground-mounted, canopy-mounted or non-residential rooftop PV solar projects at a single location.

Due Date:  Continuous

See all documents for RFP 10.

Request for Information (RFI)

RFI 3: Financing Interconnection Payments for Clean Energy Projects in New York State

NY Green Bank's RFI 3 targets private sector investors to generate greater financing for interconnection expenses involved in developing clean energy projects. Increased funding availability is necessary to support grid upgrades, as required by utilities, to increase clean energy generation throughout New York State.

Due Date:  3/30/2018

See all documents for RFI 3.