
Connecticut Green Bank
Hartford, Connecticut, United States
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
Founded
Employees
Company type
Focus areas
Products & services
Business models
Value chain
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
Credentials & affiliations
Awards
2017 Innovations in American Government Award
2018 CESA SLICE award
Environmental Finance 2020 Bond Awards
National Clean Energy Leadership Award for Solar MAP
Industry memberships
Partnerships
Catalyst Power, PosiGen, Eversource, UI, Qcells, Hanwha Aerospace USA, Connecticut Technical Education and Career System, Mystic Aquarium, Budderfly
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