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Issue Date: 03/31/2017 Contract Number: RFP 7 NY Green Bank

Construction & Back-Leveraged Financing for Ground-Mounted Solar Generation Systems Targeting Corporate & Industrial End Users


Description:

This Notice is ONLY for the submission deadline time:

 Deadline Change 

Effective August 1, 2018 the submission deadline for all NYSERDA solicitations will be changed from 5:00 p.m. to 3:00 p.m. Please note only the time is changing, and all due dates remain as indicated on each solicitation.

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The solicitation aims to enhance access to affordable finance by providers of electricity produced by ground-mounted solar PV installations where the power is sold to corporate and industrial off-takers that do not benefit from a public credit rating. NY Green Bank invites solar developers (“Proposers”) to propose solar transactions where the Proposer seeks a construction loan and back-leveraged debt financing from NY Green Bank for photovoltaic solar projects in New York State employing tax equity that meet key eligibility requirements outlined in the RFP.

 

If changes are made to this solicitation notification will be posted on NYSERDA’s websites at: https://greenbank.ny.gov/Working-with-Us/Propose-an-Investment and www.nyserda.ny.gov/funding-opportunities

For complete Eligibility/Qualifications Requirements/Preferences, please see https://greenbank.ny.gov/Working-with-Us/Propose-an-Investment.

(a) Will generate revenue by selling net energy metering credits to commercial, industrial or institutional power users;
(b) Use Tier 1 technology including panels, inverters and racking;
(c) Are in the advanced stage of development (commonly described as near “shovel ready”);
(d) Ground-mounted, canopy-mounted or non-residential rooftop Projects at a single location; and
(e) Meet the terms and conditions laid out in the either of the term sheets included in the solicitation.

This RFP is intended to apply to all qualifying solar projects, both now and in future, as long as the RFP remains active.  In particular as the valuation of distributed energy generation continues to evolve in NYS, NYGB encourages developers of eligible solar projects to submit Proposals for consideration, reflecting distributed energy markets at the relevant time.

Due Date: 12/30/2022 3:00 PM

Contract Term: TBD

Location: TBD

Ad Type: General


Technical contact:     NYSERDA - NY Green Bank
NY Green Bank
NY City Office
Jill Black
Project Manager
1359 Broadway
19th Floor
New York, NY 10018-7842
United States
Ph: 212-379-6260 ext.6260
Fax: 917-410-7352
investmentRFPs@greenbank.ny.gov

Primary Contact:     NYSERDA
NY Green Bank
NY City Office
Jill Black
Project Manager
1359 Broadway
19th Floor
New York, NY 10018-7842
United States
Ph: 212-379-6260 ext.6260
Fax: 917-410-7352
investmentRFPs@greenbank.ny.gov

Secondary contact:     NYSERDA
Contract Management
Albany
Jillina Baxter
Office Administrator
17 Columbia Circle
Albany, NY 12203-6399
United States
Ph: 518-862-1090 ext.3279
Fax:
jillina.baxter@nyserda.ny.gov