PRESIDENT'S LETTER | First and foremost, we hope you are staying in good health in these trying times. NY Green Bank is adjusting quickly to the current and unprecedented circumstances. As New York's response to COVID-19 evolves, we want to ensure that the momentum of clean energy deployment in New York State remains strong. To that end, NY Green Bank remains committed to delivering on its mandate and achieving its clean energy investment goals to accelerate the deployment of clean energy projects across New York State.
In response to Governor Cuomo's New York State on PAUSE Executive Order, on March 16, NY Green Bank instituted a remote work plan and has maintained its normal business operations with its full team of investment, strategy, finance, operations, legal, risk and compliance professionals. The team has continued to deliver on its clean energy mandate, closing two transactions and executing eight fundings in the past two weeks alone. For background on transaction types that meet NY Green Bank's investment criteria, please see online here. The NY Green Bank team can be contacted via email, phone, and remote meeting technologies. We want to work with you to support you during this difficult time and understand how NY Green Bank, NYSERDA and the state can help.
Additionally, you may review NYSERDA's Contractor and Construction guidance on renewable and energy efficiency project development and construction including its pausing of on-site work unless defined as either essential or emergency-related until April 15. NYSERDA may update this guidance based on any changes to law, rules and regulations, Executive Orders or the impact of COVID-19 on the State of New York.
We thank you for your ongoing support and wish you good health through these uncertain times.
Best regards,  Alfred Griffin
President
NY Green Bank
A Division of NYSERDA |
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