RFP 1: Clean Energy Financing Arrangements
NY Green Bank offers commercial financing to support private sector investments in clean energy and sustainable infrastructure projects that advance New York State’s climate and energy goals.
Funder: New York State Energy Research and Development Authority
Due Dates: Rolling (Continuous submission)
Funding Amounts: Typical NY Green Bank participation: $10–$50 million per transaction; structured as commercial financing, not grants.
Summary: Supports private sector financing of clean energy and sustainable infrastructure projects in New York State to address market gaps and barriers.
Key Information: Proposals are evaluated on a rolling basis; NYGB does not provide grants or subsidies, but commercial financing.
Description
NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), is seeking proposals from private sector capital providers, developers, and clean energy industry participants for investment transactions that facilitate the financing and deployment of clean energy and sustainable infrastructure projects in New York State. The initiative is designed to address gaps and barriers in clean energy financing markets, supporting projects that align with New York’s ambitious climate and clean energy goals. NY Green Bank’s participation is intended to enable or expand investments that might not otherwise occur due to market limitations, with a focus on scalable, replicable, and transformative financial structures.
