NY Green Bank’s cover photo
NY Green Bank

NY Green Bank

Financial Services

New York, NY 7,619 followers

About us

NY Green Bank, a division of NYSERDA, is a state-sponsored specialized investment fund dedicated to bridging financial gaps in clean energy and renewable infrastructure markets. Our mission is to collaborate with the private sector to transform financing markets, accelerate clean energy investments, combat climate change, and equitably deliver economic and environmental benefits to all New Yorkers. As the largest state green bank in the nation, NY Green Bank has committed over $2.4 billion across various technology segments—including building decarbonization, energy storage, clean transportation, wind, and solar—to advance New York State’s green economy. Our transactions are designed for replication and adoption by the private sector, helping to animate the market and mobilize capital into underserved green sectors. These efforts not only close financing gaps but also actively shape a more inclusive and resilient energy market, laying the foundation for a greener future in New York State.

Website
https://greenbank.ny.gov/
Industry
Financial Services
Company size
11-50 employees
Headquarters
New York, NY
Type
Government Agency
Founded
2013
Specialties
Credit enhancements, financing for construction & longer term post-construction, and short-term financing to enable developers to aggregate smaller distributed assets into portfolios at scale

Locations

Employees at NY Green Bank

Updates

  • Join us today for NY Green Bank’s Q4 2024 Metrics Webinar as we share the latest updates on investment and business activities supporting clean energy and renewable infrastructure projects across New York State. 🗓️ When: Today, March 13, at 3:00 p.m. ET 📍 Where: Online at https://lnkd.in/eYfS62ew Don’t miss this opportunity to stay informed on NYGB’s progress and impact!

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  • View organization page for NY Green Bank

    7,619 followers

    🚙🔋Deal announcement! Today Governor Kathy Hochul announced that NY Green Bank and Revel completed a $60 million transaction to expand EV charging across New York City. The loan—NY Green Bank’s first EV charging transaction—will fund the construction of 267 new charging stalls across nine sites, more than tripling Revel’s current public fast-charging network and expanding access to the critical infrastructure needed for widespread EV adoption.   Managing Director Kelsey Clair, led NYGB on this transaction that advances NYGB’s strategic goal of investing $100 million in New York’s clean transportation market by the end of 2025, reinforcing our commitment to advancing renewable technologies, reducing emissions, and accelerating the State’s green energy economy.  https://lnkd.in/g9hEcyBQ

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  • We’re thrilled to announce that Kelsey Clair, Managing Director at NY Green Bank, is speaking at Projects & Money this Wednesday, January 29. Kelsey will join industry leaders from Invenergy, Primergy Solar, Copia Power, and DNV to explore: • Unlocking finance for renewables • Advances in energy storage • Navigating interconnection • Market trends and risk mitigation This panel promises an insightful discussion for clean energy financiers and developers. If you’re attending, don’t miss the chance to connect with NY Green Bank!

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  • 🗓 Deadline Extended: Submit by Wednesday, January 29! NY Green Bank has extended the submission deadline for RFP 27, which seeks technical, engineering, and service firms to support clean energy infrastructure financing. If your firm has expertise in renewable energy technologies and a track record of supporting investment institutions, submit your pre-qualification paper by 3:00 p.m. ET on Wednesday, January 29. Learn more and apply here: https://lnkd.in/exYRdjwJ  

    • Now Accepting Proposals 

RFP 27 technical and engineering support and market fundamentals and analysis services
  • NY Green Bank is proud to announce a $28.5 million transaction with BRP Companies, a New York State minority-owned business, to support the predevelopment of two all-electric residential towers in New Rochelle, NY, which include affordable housing units. This funding provides crucial capital to construct fully electric buildings utilizing efficiency first technologies, avoiding CO2e emissions that would otherwise be generated, and advancing the availability of green affordable housing. ⚡Read our transaction profile to learn more: https://lnkd.in/e-dZMNzE

    • NY Green Bank logo
$28.5M for 466 Main St, New Rochelle supporting Building Decarbonization 

Transaction Announcement
  • Submit your proposal today! NY Green Bank’s RFP 27 seeks technical, engineering, and service firms to support its clean energy and renewable infrastructure financing. Proposers should have expertise in renewable energy technologies and experience supporting investment institutions. Submit your pre-qualification paper by 3:00 p.m. ET on January 22, 2025: https://lnkd.in/exYRdjwJ

    • Now Accepting Proposals
RFP 27 Technical and Engineering Support and Marketing Fundamentals and Analysis Services
  • View organization page for NY Green Bank

    7,619 followers

    Happy holidays from NY Green Bank! In 2024, NYGB committed over $315 million to sustainable infrastructure projects expected to reduce 4.1 million metric tons of CO2e. Thank you to everyone who helped drive New York State’s energy transition. We look forward to working with our colleagues and counterparties for continued impact in the new year.

    • Happy holidays from our NY Green Bank community to yours.

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