• GCF Signals New Way to Fund Green Banks in U.S. and Abroad

    Last week, the Green Bank world hit an exciting and crucial milestone. The Green Climate Fund (GCF) became the first multilateral institution in the world to capitalize and fund a local Green Bank in a developing nation. The GCF approved a $55 million loan to the Development Bank of Southern Africa’s (DBSA) new Climate Finance […]

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  • GCF funds first Green Bank, committing $55.6m for Green Bank in Southern Africa

    Washington, DC, October 19, 2018 – Today the Coalition for Green Capital congratulates the Development Bank of Southern Africa (DBSA) for the approval of a first-of-its-kind-loan from the Green Climate Fund (GCF) to the DBSA for the creation of a new Green Bank. The DBSA Green Bank, called the Climate Finance Facility, can now launch […]

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  • On the Road to a South African Green Bank

    CGC staff spent the last week in Johannesburg, partnering with the Development Bank of Southern Africa (DBSA) on the formation of their new Climate Finance Unit based on a “Green Bank” model. The DBSA is a regional development bank, financing infrastructure projects across multiple countries in partnership with private lenders and international DFIs. Identifying the […]

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  • CGC Publishes Pennsylvania Clean Energy Market Reports

    CGC, along with our partner The Nature Conservancy (TNC), is delighted to announce the release of its new reports: the Pennsylvania Clean Energy Market Report and the Pennsylvania Energy Investment Partnership Report. The first report is an analysis of the Pennsylvania clean energy market landscape. It estimates that there is a largely untapped market potential of […]

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  • Sparking the Green Bank Movement

    Today the Connecticut Green Bank won the prestigious Innovations in American Government Award for 2017. Given annually by the Harvard Kennedy School’s Ash Center for Democratic Governance, today’s ceremony acknowledges what those in the Green Bank and clean energy finance world have seen for years – that Connecticut Green Bank sparked a Green Bank movement. […]

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  • Connecticut Green Bank Fact Sheet

    Connecticut Green Bank – Organization Fact Sheet A downloadable pdf of this post is available here. CGC has analyzed the audited financial statements of the Connecticut Green Bank to provide insight into the organization’s financial practices. This analysis focuses on the ability of the Green Bank to retain and leverage public financing. This serves as […]

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  • NY Green Bank Financing Facilitates Liquidity, Solar Project Volume

    Last month NY Green Bank (NYGB) closed on a $37.5 million investment in residential solar, which was part of a larger $313.0 million syndicated credit facility to Vivint Solar.  Through this financing, NYGB and its private investment counterparties have enabled Vivint Solar to recapitalize so that it may complete more residential rooftop solar leases/PPAs in […]

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  • News

    Clean Energy Finance News – Monthly Roundup

    NY Green Bank Closes $37.5M Solar Deal with Vivint  “The loan is structured as a medium-term (five-year) note and allows Vivint Solar to recycle capital that can be used for the installation of new residential solar systems in New York. With this loan, the bank says, Vivint is expected to continue to add to its […]

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  • CGC’s Resources Page: Full of Excellent Content

    As part of the redesign of CGC’s website, we have now posted many of CGC’s work products and presentations on our new Resources Page. This includes presentations delivered at conferences, lectures delivered at universities, and full Green Bank studies produced in partnership with various state governments. We’ve also linked to excellent Green Bank materials produced […]

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  • Value of Green Bank Model Visible in Connecticut Green Bank Deal

    The Connecticut Green Bank (CGB) recently closed on its biggest solar project financed to date—a 995 kW rooftop solar array was installed at Lesro Industries, a local manufacturer. This deal exemplifies the value of the Green Bank model. The CGB sits at the center of the clean energy finance market in Connecticut, and is tremendously […]

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