Catalyze has secured $100 million in financing from NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), to support a 79 MW portfolio of community distributed generation (CDG) solar projects across the state.
The transaction is in line with the bank’s commitment to equitable energy transition by requiring a percentage of solar projects benefit disadvantaged communities in order to receive financing.
“We are excited to leverage our extensive community solar expertise to ensure the success of NY Green Bank’s term loan supporting a community distributed generation (CDG) portfolio,” says Jared Haines, CEO of Catalyze.
“CDG is one of the most effective means of making solar energy more accessible to low-to-moderate income communities, and we look forward to how this partnership will support both the goals of NY Green Bank and New York State.”
“NY Green Bank is pleased to support Catalyze, which is increasingly focused on New York State-based CDG solar projects and equitable energy solutions,” adds Andrew Kessler, president of NY Green Bank.
“As our first term loan using a sale-leaseback structure for a CDG portfolio, coupled with a minimum 65% subscriber commitment benefiting historically disadvantaged communities, this transaction underscores NY Green Bank’s unique ability to provide innovative financing solutions that support the equitable distribution of clean energy.”
The post Catalyze to Support New York Community Solar Portfolio appeared first on Solar Industry.
Today, I met a professional driver for the film-making industry whose principal focus is stunt-work.
Somehow, we got to talking about the many movie stars for whom he’s worked over the years, and how pleasant most of them are to be around.
He started by mentioning Kevin Costner.
“I really like him,” I said. Please tell me he’s not an asshole.”
“Oh no; he’s a prince,” my new friend replied. “I also do the driving for Jay Leno’s show about his massive garage full of vintage cars. He’s even kinder. When we’re having lunch between shootings, he’ll often come up our table and ask if we need another Coke or two. Maybe desserts?”
We eventually got around to the stars who are, in fact, assholes.
“I drive in Lethal Weapon 4,” he began.
“Let me make a stab. Mel Gibson?”
Yes. One of the most hateful, most miserable people you could meet in 100 lifetimes.”
“That’s the rumor everyone’s heard,” I responded. “It’s weird how people who have more money that God feel the need to be such terrible people.”
“Well, my theory is that money doesn’t change people; it only amplifies them.”
I remind him of Henry Ford’s observation above.
Great conversation.
How Trump has any credibility with Americans–or the other citizens of planet–is a mystery that is impossible to unravel.
At This Point, No One Should Believe a Word that Comes Out of Trump’s Mouth
It’s good to hear Bernie Sanders say what he did here, but it’s sad that it needs to be said at all.
Are we really interested in lower grocery prices if we’re living in a dictatorship?
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