Entries by Rudy Sturk
Spotlight on Residential Solar in Connecticut webinars
Webinar One: Residential Solar Investment and Deployment in Connecticut: An In-Depth Review of a 10-Year Incentive Program (2012-2022) The first webinar in the multipart “Spotlight on Residential Solar in Connecticut” series, “Residential Solar Investment and Deployment in Connecticut: An In-Depth Review of a 10-Year Incentive Program (2012-2022),” provided an in-depth review of a residential solar […]
FuelCell Energy Announces Debt Financing for its Naval Submarine Base Microgrid-Ready Project
Total of $20 Million in Senior and Subordinated Credit Facilities DANBURY, Conn., August 24, 2023 (GLOBE NEWSWIRE) — FuelCell Energy, Inc., (Nasdaq: FCEL) today announced that the Company closed on a project debt financing transaction with Liberty Bank and Amalgamated Bank as senior lenders and the Connecticut Green Bank as the subordinate lender for its Connecticut […]
ImpactAssets and Partners Extend $12 Million Loan to High-Impact Residential Solar Provider PosiGen, Catalyzing the Energy Transition in Lower-Income American Communities
ImpactAssets, the impact investing trailblazer with a decade-plus track record of mobilizing capital for good, announced today that it is partnering with Connecticut Green Bank and Inclusive Prosperity Capital to provide a $12 million loan to PosiGen, a high-impact residential solar and energy efficiency provider focused on low- and moderate-income communities. The catalytic loan fills a […]
Westport Tennis Club Aces Solar Installation
WTC installs rooftop solar project using C-PACE financing Westport, CT (August 16, 2023) – The Connecticut Green Bank announces that Westport Tennis Club, 1696 Post Road East, Westport, installed a solar photovoltaic (PV) system on their roof using Commercial Property Assessed Clean Energy (C-PACE) financing. The 60.72 kW system is expected to save the facility […]
Rising energy costs are an ongoing issue in Connecticut, but Green Bank is on the offensive for those families feeling the impact.
by Lonnie Reed, Chair of Connecticut Green Bank Board of Directors and former Connecticut State Representative for District 102 and former Co-Chair of the Energy and Technology Committee, & Brenda Watson, Member of Connecticut Green Bank Board of Directors and Executive Director of Operation Fuel Energy is not cheap in Connecticut, a painful truth […]
Connecticut Green Bank Subsidiary’s Seventh Investment Offering for Citizens Surpasses Its Maximum Raise
Featuring an increased maximum raise limit, investment opportunity exceeds 100% of target for fifth consecutive time Hartford, CT (Aug. 10, 2023) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, successfully closed their seventh Green Liberty offering, surpassing its maximum raise amount. To allow for more investors to participate in […]
Verogy Announces Completion of Solar Project at Mystic Aquarium
Leading solar developer completes award-winning clean energy project at Connecticut’s Mystic Aquarium using Connecticut Green Bank financing programs West Hartford, CT – July 26, 2023 – Verogy, a West Hartford, CT-based solar energy developer dedicated to delivering industry-leading renewable energy solutions and services today announced the successful completion of a 272-kW solar installation at […]
July 2023 Newsletter
Green Bank launches their second green liberty offering, announces enhancements to c-pace, annual awards, and more
Connecticut Green Bank Welcomes EPA Announcement of Notice of Funding Opportunities for Greenhouse Gas Reduction Fund Programs
As the first state level green bank, Connecticut’s model has mobilized more than $2 billion in private investment in the green economy – reducing energy costs for families and businesses, especially those in vulnerable communities, and avoiding greenhouse gas emissions. HARTFORD, Conn (July 14, 2023) – The Connecticut Green Bank is excited by the […]