News & Events

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

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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.

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