Connecticut
Inclusive Prosperity Capital
GREEN BANK FEATURES
Bank Model
Private/Non-profit
Bank Scope
Statewide
Year Est.
Political Landscape
Democratic Trifecta
Initial Funding
New Instit.
State/Local Government & Private Grant
Yes
Implement. Process?
In partnership with the State of Connecticut’s Department of Energy and Environmental Protection (DEEP) and philanthropic funders including Kresge for initial funding.
Reporting
N/A
FOCUS
Community and commercial solar, Energy efficiency, and renewable energy improvements, Resiliency measures, Health/safety remediation, Building energy performance monitoring and verification, ETC.
APPROACH
Engages mission-aligned organizations, collaborators, partners, foundations, and capital providers investing in underserved markets nationally. They also provide technical assistance.
GOALS
We provide a gateway to inclusive prosperity by engaging with communities impacted most by climate change. We invest in clean energy and resilience in partnership with local initiatives and organizations to provide energy security, climate justice, and economic growth.
- Commercial Solar PPSA: an opportunity for building owners to go solar with no money down.
- Community Solar
- Nonprofit and Government,Multi-family housing: The Catalyst Loan can be used for the following eligible costs: Energy efficiency and renewable energy improvements, Resiliency measures, Health and safety remediation, Building energy performance monitoring and verification, Loans are repaid from energy and operating cost savings.
- Single Family: rooftop solar solutions for low-to-moderate income homeowners; Solar For All campaign, Smart-E Loan program.
- Infrastructure and Grid-Tied Projects: For established clean energy technologies that are not yet well served by existing financing solutions, approaches each project through a partnership strategy and applies unique financial principles to minimize perceived risk.
PRODUCTS AND PORTFOLIO
WEBSITE: Click Here HQ ADDRESS: None listed EMAIL: No PHONE: (203) 433-5060 FACEBOOK: No LINKEDIN: Yes TWITTER: Yes INSTAGRAM: No TIKTOK: No NEWSLETTER: Yes BLOG: No YOUTUBE: Yes
CONTACT INFORMATION
The state of Connecticut has 2 green banks!
