Over the past year, our team has been in the room for some of the most interesting deals in clean energy finance. We’re working with state and regional green banks to figure out how to raise capital, structure loan products, fill market gaps and get money to homeowners and contractors.
Keep reading for a look at our recent progress across the country.
(formerly Washington State Green Bank) launched in 2025 after a statewide climate finance market scan. PSC delivered a sustainable finance model that made a strong case for state funding, resulting in securing $25 million in state appropriations for the organization. The money is split between residential and commercial deployment, with leverage targets designed to unlock another $25 million for the next budget cycle. The lesson here is that waiting on federal policy cycles isn’t a strategy. States that move on their own timeline are the ones building sustainable programs and lasting institutions.
is a new green bank that is figuring out how to attract private lenders despite a limited track record. It turns out the answer is credit enhancements like loan loss reserves paired with contractors who function as the origination engine. This means they need a strategy for engaging credit unions that can provide capital and contractors who can deliver on the work. PSC continues to advise on both these engagement strategies.
shows what’s possible even in a state where “green bank” isn’t exactly a popular phrase. IEIF secured a $10 million loan from the Coalition for Green Capital and structured a blended-capital deal combining PRI (program-related investments) from three foundations. PSC played a key role in underwriting this project and believes this type of blended deal is a valuable opportunity for green banks across the country. We’re proving that clean energy financing can move forward almost anywhere if the brand reputation and the capital stack are built right.
relied on PSC’s decades of strategic planning experience to complete a SWOT analysis and strategic plan that clarified the specific financing gap they’re built to fill in their state. Rather than adopting a one-size-fits-all approach — which often becomes a value proposition issue — Missouri Green Banc opted for a tailored solution to meet a core market need. PSC facilitated a planning workshop and delivered a visioning framework to set the organization up for long-term success. Now they’re focusing on executing a hybrid capitalization strategy and locking in partnerships.
Whether green banks and other clean energy finance institutions are in the building phase or thinking about where the next round of clean energy capital will come from, PSC has the experience and network to create scalable solutions.
