Propose an Investment

Overview

NY Green Bank operates as a market-focused, market-responsive investment fund, active where capital providers and project developers face specific barriers and financing gaps preventing otherwise technically and economically feasible projects from completion. To address these issues, and to do so in direct collaboration with private sector clients and counterparties, NY Green Bank offers three distinct investment opportunities. Each opportunity is described in detail below and additional information can be found on our Investment Strategy and RFP Resources pages.

NY Green Bank staff members are also available to speak to market participants about investment ideas and the open solicitations and processes. NY Green Bank participates in transactions along with private capital through credit enhancement, aggregation, construction and term loan and other structures. The aim is to foster scalable and replicable clean energy projects and financial solutions, and NY Green Bank invites proposals for investments with structured financing arrangements meeting its investment mandate and criteria.

The details of each of NY Green Bank’s current investment solicitations are below:


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.

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 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.

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.

See all documents for RFP 8.