By: Isabelle Elizondo On: September 18, 2023 In: Comments: 0

In June 2021, NY Green Bank (“NYGB”) committed $14.9 million to a construction-to-term facility to finance the construction of up to 12.5 MW of community distributed generation (“CDG”) solar projects in New York State (“NYS” or the “State”). NYGB committed an additional $50.9 million in October 2022 to support additional projects of up to 36.9 MW. This transaction is expected to provide NYS residents and businesses a greater variety of energy choices and, ultimately, lower-cost clean energy.

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