BQ is a Wappingers Falls, New York-based solar energy project developer specializing in landfill and brownfield site redevelopment. NYGB’s US$10.0 million multi-draw term loan investment finances the costs of BQ’s project development efforts. The Investment establishes a structure that can be replicated for other qualified developers to create incremental renewable energy generation and greenhouse gas mitigation benefits. It contributes to accelerated development of solar facilities in NY on brownfield/landfills, with offtake arrangements targeted to the municipalities, universities, schools and hospitals and community distributed generation markets.
