NY Green Bank: A state-sponsored fund driving private investment in New York's clean energy sector.
Location
New York City, NY, US
Founded
2013
NY Green Bank is a state-sponsored investment fund focused on accelerating clean energy deployment in New York State. The fund commits capital to finance clean energy and sustainable infrastructure projects across various sectors, including clean transportation, building decarbonization, energy storage, solar, and wind. NY Green Bank's typical investments are in the form of debt financing.
Notable portfolio companies include AES Distributed Energy, Agbotic, NineDot Energy, and Sealed. As a division of NYSERDA, NY Green Bank aims to attract private sector capital to the clean energy market. The fund offers a Community Decarbonization Fund, providing low-cost capital for projects benefiting historically underserved communities, demonstrating its commitment to equitable clean energy development.
NY Green Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages