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New York opens Green Bank

Posted by Industry News on Feb 12, 2014

New York has opened the largest green bank in the nation - New York Green Bank. The bank is aimed at stimulating private sector financing and accelerating the transition to a more effective clean energy system.

“The NY Green Bank will be the catalyst for significantly accelerating the flow of private capital to energy efficiency and renewable energy projects and will send a message to the financial markets that expanding our clean energy economy is a priority for New York State,” Governor Cuomo said. Read more here.