NY Green Bank
NY Green Bank is a state-sponsored financial entity based in New York City that operates as a division of the New York State Energy Research and Development Authority (NYSERDA). Established in 2013, the organization aims to mobilize private sector investment in clean energy by addressing gaps and barriers in the capital markets. NY Green Bank collaborates with clients and counterparties to enhance the efficiency and reliability of New York's energy systems through various financial products, including warehousing and aggregation credit facilities, term loans, credit enhancements, and construction financing. Its mission is to accelerate the deployment of clean energy solutions across the state, ultimately contributing to a sustainable energy future.
Past deals in Dominican Republic
AES Distributed Energy
Debt Financing in 2020
The AES Corporation (AES), a Fortune 200 global power company, provides affordable, sustainable energy to 18 countries through a diverse portfolio of distribution businesses and 36 GW of generation capacity, including over 8 GW of renewables. Enabled by the acquisition of Main Street Power Company in February 2015, and leveraging AES’ expertise, relationships and scale, they deliver our clients the benefits of sustainable energy powered by resilient, turnkey solutions that we finance, own and operate. Currently available in the US, Mexico, El Salvador, Brazil and the Dominican Republic, AES brings reliable and cost-effective distributed energy systems to schools, municipalities, utilities, residences, and commercial and industrial clients. We have over 65 MW of distributed generation solar PV projects in operation across North America, and over 200 MW in development in the Western Hemisphere.
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