Description
The New York Green Bank (NYGB) is forming an Eligible Purchaser Pool (EPP) of pre‑approved investors that can bid on NYGB‑originated clean‑energy loans and investment portfolios when NYGB decides to sell them. The solicitation seeks proposals from qualified investors demonstrating sufficient capital, operating experience, and clean‑energy investment track‑record. Proposers must submit a full proposal package, sign a confidentiality NDA, and, if admitted, will be invited to participate in bid rounds for specific assets, using LSTA standard trade confirmations.
• Eligibility requires being an accredited investor, a qualified institutional buyer, a regulated entity, or otherwise deemed qualified by NYGB based on capital and experience.
• No requirement to provide five years of audited financials, vendor questionnaires, or public‑officer law certifications (per the Summary of Revisions).
• Proposals are evaluated by an NYGB scoring committee, with admission decisions communicated within six weeks of receipt.
• Successful members may submit bids on individual investments; winning bids are selected within ten business days of submission.
• The process is governed by a two‑year NDA and NYGB‑specified confidentiality and FOIL rules.