Connecticut Green Bank

Connecticut Green Bank

Hartford, Connecticut, United States

SolarEnergy StorageHydrogenOtherState-owned enterprise
Founded 201151-200 employees
Profile last updated: August 13, 2026

About

Founded in 2011, Connecticut Green Bank is a state-owned enterprise headquartered in Hartford, United States with approximately 51-200 employees specializing in Solar, Energy Storage, Hydrogen.

The Connecticut Green Bank is a quasi-public agency established in 2011 by the Connecticut General Assembly to accelerate investment in the state's green economy and confront climate change. As the nation's first green bank, it uses limited public funds to attract private capital investment in clean energy and environmental infrastructure projects. The organization offers financing solutions including residential solar investment programs, energy efficiency loans (Smart-E), commercial property assessed clean energy (C-PACE) financing, and multifamily property financing. Since its inception, the Green Bank and its private investment partners have deployed over $3.11 billion in capital for clean energy projects, with approximately $1 billion in private investments funding over 10,000 projects and over 250 MW of installed generation capacity. The Green Bank is committed to ensuring that at least 40% of investment benefits reach vulnerable communities and has helped deploy over 350 MW of residential solar through its flagship Residential Solar Investment Program, with over 43,000 homes adopting solar.

Headquarters

Hartford, United States

Founded

2011

Employees

51-200

Company type

State-owned enterprise

Focus areas

green bankfinancingsolarenergy efficiencyConnecticutclean energyclimate actionenvironmental infrastructure

Products & services

Business models

B2BB2CESCO

Value chain

DevelopmentFinancingConsultingAdvisory

Service areas (8)

  • Residential Solar Investment Program

    Financing and support for residential solar installations

  • C-PACE Program

    Commercial Property Assessed Clean Energy financing for clean energy and environmental infrastructure

  • Smart-E Loans

    Energy efficiency financing for residential properties

  • Multifamily Financing

    Clean energy and environmental infrastructure financing for multifamily properties

  • Solar Solutions for Communities

    Community-based solar deployment with focus on low- and moderate-income households

  • Energy Efficiency Offerings

    Energy efficiency programs and financing for homes and businesses

  • Clean Transportation Offerings

    Electric vehicle charging and related clean transportation infrastructure

  • Environmental Infrastructure

    Financing for climate adaptation, resiliency, land conservation, parks, water, waste and recycling

Locations

Headquarters

75 Charter Oak Avenue, 06106, Hartford, Connecticut, United States

Operating locations (1)

  • Norwalk, Connecticut, United States

Service regions

Connecticut

Credentials & affiliations

Awards

2017 Innovations in American Government Award

Ash Center for Democratic Governance and Innovation, Harvard University2017

2018 CESA SLICE award

Clean Energy States Alliance2018

Environmental Finance 2020 Bond Awards

Environmental Finance2020Innovation in Green Bond Structure and Asset-Backed Bond

National Clean Energy Leadership Award for Solar MAP

2024

Industry memberships

Sustainable CT

Partnerships

Catalyst Power, PosiGen, Eversource, UI, Qcells, Hanwha Aerospace USA, Connecticut Technical Education and Career System, Mystic Aquarium, Budderfly

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