Catalyze Clean Energy Financing for Decarbonization in New York State Communities
Description: $20 million Decarbonization Fund (SEFI Fund) and encourages Financial Institutions (FinCos) and other specialty lenders to apply for this funding pathway from LPO to deliver climate decarbonization solutions for New York State residents, including to disadvantaged communities (DACs).
Solicitation files and supporting documents for this bid.
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Catalyze Clean Energy Financing for Decarbonization in New York State CommunitiesZIP
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NYSERDA / NY Green Bank is seeking proposals from private capital providers and industry participants for clean energy financing arrangements to facilitate private investment in New York State clean energy projects. Proposals should describe the transaction, location, expected outcomes, investment structure and expected return, and explain how the transaction will reduce greenhouse gas emissions and align with NY Green Bank priorities.
Community Decarbonization Fund invites regulated and unregulated financial entities (including but not limited to community development financial institutions (CDFIs), insured credit unions and depository institutions, and not-for-profit corporations that perform lending activities) deploying capital into clean energy and sustainable infrastructure and related small businesses that benefit disadvantaged communities.
NYSERDA is soliciting proposals for the Community Decarbonization Fund to provide concessionary capital to lenders that finance clean energy and sustainable infrastructure projects benefiting disadvantaged communities in New York State. The fund seeks eligible lenders with loan amounts in the $2M–$25M range and evaluates proposals on financial strength, readiness, and impact measurement; the solicitation remains open with a stated close date of 2027-12-31.
