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RFP

Request for Proposals for Clean Energy & Environmental Infrastructure Investment

Connecticut Green Bank CT

Important Dates

Deadline

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AI Overview

The Connecticut Green Bank seeks proposals for financing clean energy and environmental infrastructure projects. This Open RFP accepts proposals on a rolling basis for projects that do not fit within existing Green Bank financing programs. Eligible clean energy technologies include solar photovoltaic, solar thermal, geothermal, wind, ocean thermal, wave/tidal energy, fuel cells, landfill gas, hydropower, hydrogen production/conversion, low emission advanced biomass, alternative fuels, combined heat and power systems with waste heat recovery, thermal storage systems, energy efficiency projects, electric/hybrid/natural gas vehicles and associated infrastructure, and Class I renewable energy sources. Environmental infrastructure includes projects related to water, waste and recycling, climate adaptation and resiliency, agriculture, land conservation, parks and recreation, and environmental markets including carbon offsets and ecosystem services. The Green Bank provides various forms of financing including senior and subordinate loans, bridge loans, construction loans, term loans, working capital loans, loan loss reserves, loan guarantees, credit enhancement, participation in other lenders' loans, equity investments, and access to federal tax-exempt Private Activity Bonds. Proposals must demonstrate ability to leverage private capital, achieve significant impact, measure and track performance, and meet minimum financing requirement of $250,000 (smaller projects considered case-by-case). Proposals should include investment focus category, proposer qualifications and experience, project scope and schedule, project design and equipment specifications, project production estimates, complete project economics model, financial strength documentation, operations and maintenance approach, and demonstration of Green Bank essentiality and environmental/climate impact.

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