Clean energy

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

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 ("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.

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.