Our Network

The Coalition for Green Capital (CGC) received $5 billion from the EPA’s National Clean Investment Fund to invest in public-private partnerships and create a network of self-sustaining green banks to accelerate the construction of a clean power platform. Since 2011, CGC and its partners have deployed $25.4 billion in clean energy investments—lowering energy costs, creating American jobs, and delivering cleaner air and water to communities across the country.  

CGC Network Coverage

CGC has made substantial progress toward fulfilling its vision of establishing a nationwide system of economically self-sufficient green lenders in every state. CGC has disbursed $2 billion in funding to 32 network partners across 28 states and the District of Columbia. CGC plans to expand its network coverage and will continue to crowd in additional resources in the future to further capitalize this cohort while expanding into the remaining states.

CGC’s American Green Bank Network

States and Territories Expected to be covered by CGC’s Network: New Hampshire and Puerto Rico are expected to be covered by the Connecticut Green Bank. North and South Dakota will be covered through CGC’s Solar for All award.

Of the $2 billion, more than $1.8 billion was dispersed to 18 subrecipients composed of 16 well-established state and local lenders and 2 national nonprofit investors, and $135 million in low-interest loans to 14 emerging green banks. CGC subrecipients are expected to close on more than $800 million in projects by the next reporting period. 

MEET THE NETWORK

CGC Network Partner State CoveragePartner Type
California Infrastructure BankCaliforniaSubawardee
City First Enterprise Inc.District of ColumbiaSubawardee
Clean Energy Fund of TexasTexasEmerging Green Bank
Collective Clean Energy FundColorado Subawardee
Connecticut Green BankConnecticutSubawardee
District of Columbia Green Finance AuthorityDistrict of ColumbiaSubawardee
Efficiency Maine TrustMaineSubawardee
Elemental ImpactNationalSubawardee
Finance New OrleansLouisianaEmerging Green Bank
Freedmen Capital FoundationGeorgiaEmerging Green Bank
Groundswell CapitalArizonaEmerging Green Bank
Hawaii Green Infrastructure AuthorityHawaiiEmerging Green Bank
Illinois Finance AuthorityIllinoisSubawardee
Indiana Energy Independence FundIndiana Emerging Green Bank
Iowa Energy FundIowaEmerging Green Bank
Louisiana Clean Energy FundLouisianaEmerging Green Bank
Michigan SavesMichiganSubawardee
Minnesota Climate Innovation Finance AuthorityMinnesotaSubawardee
Montgomery County Green Bank CorporationMarylandSubawardee
Nevada Clean Energy FundNevadaEmerging Green Bank
New Jersey Green BankNew JerseySubawardee
New Mexico Climate Investment CenterNew MexicoEmerging Greeen Bank
New York City Energy Efficiency Corporation (NYCEEC)New YorkSubawardee
North Carolina Clean Energy FundNorth Carolina & South CarolinaEmerging Green Bank
NY Green BankNew YorkSubawardee
Ohio Air Quality Development AuthorityOhioSubawardee
Philadelphia Green Capital Corp.PennsylvaniaEmerging Green Bank
Solar and Energy Loan Fund (SELF)FloridaSubawardee
Spruce Roots, Inc.AlaskaEmerging Green Bank
State Environmental Improvement and Energy Resources AuthorityMissouriSubawardee
Sustain Energy FinanceUtahEmerging Green Bank
The Center for Rural AffairsNebraskaEmerging Green Bank
The Community Development Venture Capital AllianceNationalSubawardee
Vermont Economic Development AuthorityVermontEmerging Green Bank

The History of CGC’s Network

Founded in 2009, the Coalition for Green Capital (CGC) set out to accelerate clean energy development by leveraging public-private partnerships through the creation of a national green bank. When federal efforts to establish such a bank stalled, CGC brought the concept to the state and local levels to prove the model’s effectiveness. To support this work, CGC launched the American Green Bank Consortium (AGBC)—a national network of green banks and mission-driven lenders focused on filling financing gaps, removing market barriers, and reducing perceived risk to scale clean energy deployment across communities nationwide.  

The AGBC demonstrated a clear and growing need for capital, technical expertise, and localized support to accelerate clean energy investment—especially in neglected markets. Since 2011, CGC and its partners have deployed $25.4 billion in clean energy investments—lowering energy costs, creating American jobs, and delivering cleaner air and water to communities across the country.  Now, with the capitalization of the first U.S. national green bank, CGC is prepared to scale that impact nationwide, with a goal of establishing at least one economically self-sustaining green bank in every state. 

CGC has spent over a decade laying the groundwork for this moment. Since 2022, it has been leveraging the AGBC to identify a core group of experienced, mission-aligned partners to anchor the national green bank network. This effort led to the formation of a coalition of 18 high-capacity green lenders with coverage across 13 states and the District of Columbia—each ready to deploy capital and deliver impact at scale. In recognition of this leadership and readiness, CGC was awarded $5 billion to build a national network of state and local green banks and scale public-private investment partnerships and $125 million through Solar for All to establish green banks across the Dakotas. This new American Green Bank Network builds directly on CGC’s long-standing work and sets the stage for a 50-state strategy where investment decisions reflect local priorities, and every public dollar catalyzes private capital to drive the clean energy transition.