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NY Green Bank seeks energy efficiency proposals

Rochester Business Journal
February 12, 2014

The New York Green Bank is requesting proposals from private-sector lenders, investors and industry participants to facilitate the financing for clean-energy projects, officials said.

“The New York Green Bank will be the catalyst for significantly accelerating the flow of private capital to energy efficiency and renewable energy projects, and will send a message to the financial markets that expanding our clean energy economy is a priority for New York State,” Gov. Andrew Cuomo said in a statement Tuesday.

The green bank is the largest of its kind in the nation, officials said. It will facilitate private financing for projects that have difficulty accessing financing due to market barriers.

Energy service companies, developers, equipment manufacturers and others that provide services related to renewable energy and energy efficiency projects are eligible to submit proposals, officials said.

Projects can include commercially proven technologies related to solar, wind and other renewable energies, and residential and commercial energy efficiency measures.

For details, go to www.greenbank.ny.gov.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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