Look Into Renewable Energy to Grow Lending

Kline, Alan
January 2015
American Banker;1/16/2015, Vol. 180 Issue F303, p1
Trade Publication
The article looks at green banks, or government-sponsored banks created to facilitate the financing of renewable energy projects. It notes the New York Green Bank began operations in 2014 and cites some of the projects it has backed in partnership with private banks, including a solar power plant in Buffalo, New York. Topics include reasons traditional banks may hesitate to finance alternative energy projects on their own and the prospect of creating green banks in other states.


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