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Green Finance Is Infrastructure: The $100 Billion Opportunity for Green Banks

Last month, Womble Bond Dickinson launched “Doing Well by Doing Good,” a thought leadership series focused on ways in which environmental and social governance impact business. The following article summarizes “Green Finance is Infrastructure: The $100 Billion Opportunity for Green Banks,” a presentation in the series. Click here to view the on-demand presentation (registration is required). […]

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IPC Partners with Greenprint Capital to expand the Solar PPA offer throughout the United States

Inclusive Prosperity Capital’s tax equity partnership with Greenprint Capital, as well as a debt facility with the Connecticut Green Bank, will allow IPC to acquire, develop, construct, and operate distributed solar projects in underserved markets. Rocky Hill, CT, December 2, 2020 — Inclusive Prosperity Capital, Inc. (IPC), a mission-driven specialty finance organization working at the

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Kerry O’Neill Named to EPA’s Environmental Financial Advisory Board

08/05/2020 Contact Information:  EPA Press Office (press@epa.gov ) WASHINGTON (August 5, 2020) — ​Today, the U.S. Environmental Protection Agency (EPA) announced the 33 members of the Environmental Financial Advisory Board (EFAB). EPA welcomes 19 new and 13 returning members along with the incumbent Chair. The EFAB provides ideas and advice to the EPA administrator, EPA Regions and the agency’s programs

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Official Statement Addressing Racial Injustice

IPC stands in support of Black Americans and all others across the nation who are protesting police brutality and systemic racism following the death of George Floyd in Minneapolis. Racial justice, environmental justice, and climate justice are inextricably linked – inclusive prosperity for all is not possible without addressing these issues collectively. The climate crisis

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Inclusive Prosperity Capital, Inc. Raises $25 Million for Clean Energy Investment in Underserved Markets

Expands Access to Affordable, Clean Energy in New York State ROCKY HILL, CT, May 18, 2020 – Inclusive Prosperity Capital, Inc. (IPC), a mission-driven specialty finance organization working at the intersection of community development, clean energy finance, and climate impact is pleased to announce the closing of a $25 million transaction with NY Green Bank,

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Clean Energy States Alliance Launches Major Initiative to Advance Solar in Under-Resourced Communities

US Department of Energy Funds CESA’s Efforts to Scale Up Solar for Low-and Moderate-Income Households   Montpelier, VT (October 3, 2019) – The Clean Energy States Alliance (CESA) will lead a wide-ranging initiative to accelerate the development of solar projects that benefit low-and-moderate-income (LMI) households and communities. The “Scaling Up Solar for Under-Resourced Communities Project” is

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Inclusive Prosperity Capital, Inc. Receives $10 Million Guarantee from The Kresge Foundation

Kresge Credit Enhancement to Support Connecticut Green Bank Spin-Out in Capitalizing and Deploying Accessible Clean Energy Across the Nation ROCKY HILL, May 7, 2019 – Inclusive Prosperity Capital, Inc. (IPC), a mission-aligned specialty financing spin-out of the Connecticut Green Bank, is pleased to announce a $10 million guarantee and multi-year operating grant provided by The

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FuelCell Energy Announces Construction Financing for Project at the U.S. Navy Submarine Base in Groton, Connecticut

$23 million construction financing facility to support the 7.4 MW power plant being constructed for the U.S. Navy Submarine Base in Groton, CT  Financing provided by Fifth Third Bank, a new banking relationship for FuelCell Energy DANBURY, Conn., March 04, 2019 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative

FuelCell Energy Announces Construction Financing for Project at the U.S. Navy Submarine Base in Groton, Connecticut Read More »

Financial Partnership Secures Growth of Nation’s Leading Low-Income Residential Solar Provider

PosiGen, the nation’s leading provider of renewable energy and efficiency solutions for low-to-moderate income households, is pleased to announce a credit facility structured and provided by LibreMax Capital, a New York based asset management firm, in conjunction with the Connecticut Green Bank, the nation’s first green bank, and Inclusive Prosperity Capital, a new not-for-profit clean energy investment fund sparked by the Connecticut Green Bank. The three-year, $90 million credit facility will allow PosiGen to continue to lease solar systems and provide energy efficiency upgrades to low-to-moderate income homeowners in Louisiana, Connecticut, New York and New Jersey. It also enables the company to expand its footprint into additional markets and states.

Financial Partnership Secures Growth of Nation’s Leading Low-Income Residential Solar Provider Read More »

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