Clean energy

Amalgamated Source

Amalgamated Bank Announces $15 million Loan for Decarbonization and Climate Resilience Initiatives

Topics: 
clean energy climate change

Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) and a mission-driven, full-service commercial bank that empowers organizations and individuals to advance positive social and environmental change, announced today a $15 million loan to Inclusive Prosperity Capital, Inc. (IPC), a clean energy finance 501(c)3 platform, making new capital available to fund climate initiatives benefiting underserved market segments and communities.

Amalgamated Source

Amalgamated Bank Announces Climate-Related Lending Data

Topics: 
climate change clean energy

Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) and a mission-driven, full-service commercial bank that empowers organizations and individuals to advance positive social change), released data today on its climate-related lending with 31% of loans in 2021 going to climate solutions.

Transitioning Appalachia from coal to solar: the story of Solar Holler

Topics: 
Amalgamated clients clean energy environmental sustainability

Today, we’d like to share the story of Solar Holler, one of our solar clients focused on bringing clean energy to Appalachia. We are proud of the support we are providing through our treasury management and lending services to Solar Holler.

Amalgamated Source

Renew Financial Closes Sale of $160 Million in Residential PACE Assets to Amalgamated Bank

Topics: 
green energy environmental sustainability clean energy

Today, Renew Financial announced the sale of $160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs of renewable energy, safety, and energy efficient home improvements at a fixed interest rate with flexible repayment terms. 

Amalgamated Source

New Columbia Solar and Amalgamated Bank Close $25M Loan to Support DC Solar

Topics: 
green energy environmental sustainability clean energy

New Columbia Solar ("NCS"), a commercial solar developer and operator in Washington, DC, today announced the closing of a $25M loan facility to support the financing of over $50M of solar photovoltaic projects in Washington, DC.

Treat every day like it’s Earth Day

Topics: 
green energy clean energy environmental sustainability

Earth Day is a day to celebrate our planet.  Created in 1970, the day marks the birth of the environmental awareness and protection movement, an impact area at the cornerstone of Amalgamated’s mission.