The fund is designed to address gaps in traditional capital markets by providing financing to community-centered clean energy developers and projects that often cannot access conventional sources of debt.
The fund provides catalytic debt financing to mission-driven developers and organizations working on distributed solar, energy-efficiency upgrades, and other locally rooted clean energy projects. In practice, this platform enables the financing of projects that generate predictable cost savings over time, such as rooftop solar installations on nonprofit facilities. For example, completed solar projects generate significant savings on electricity bills for participating organizations, allowing them to better serve their beneficiaries.
The loan-based structure supports clean energy projects that are financially self-sustaining at the project level, enabling capital to be recycled into additional community investments – while expanding access to affordable, locally controlled clean energy in communities that have historically lacked access to both financing and infrastructure.