GO Green Energy Fund
GROWTH OPPS
SUSTAINABILITY STATEMENT
Growth Opps is committed to becoming a leader in environmental sustainability. We believe the risks to the environment warrant the intentional actions of companies, governments, and global citizens, if we are to make meaningful progress. We believe it is our responsibility as global citizens, to take good care of the planet the world’s children will someday inherit, as well. As a result, we are active participants in public discourse, regarding environmental sustainability and actively seek opportunities to support clean, sustainable projects. Environment incubates life. At Growth Opps, we remain committed to improving the quality of life for all persons with a particular sensitivity to disadvantaged under-represented persons, groups, and communities.
GROWTH OPPS
SUSTAINABILITY STATEMENT
Growth Opps is committed to becoming a leader in environmental sustainability. We believe the risks to the environment warrant the intentional actions of companies, governments, and global citizens, if we are to make meaningful progress. We believe it is our responsibility as global citizens, to take good care of the planet the world’s children will someday inherit, as well. As a result, we are active participants in public discourse, regarding environmental sustainability and actively seek opportunities to support clean, sustainable projects. Environment incubates life. At Growth Opps, we remain committed to improving the quality of life for all persons with a particular sensitivity to under-represented persons, groups, and communities.
WHAT IS THE GO GREEN
ENERGY FUND?
Growth Opps in collaboration with Coalition for Green Capital (CGC) has established a Green Bank model that can deploy mission-driven capital to support small-scale commercial and industrial solar project development in Ohio. With support from The George Gund Foundation, The Cleveland Foundation, and the Cuyahoga County Government, CGC completed a market opportunity analysis in 2019 to determine the potential for a Green Bank model to increase clean energy development in Cuyahoga County, Ohio. Based upon this analysis, CGC found that there exists today a market in Cuyahoga County, to deploy a minimum of $15 million of mission-driven capital to support $30 million or more of projects in the county’s solar market over the next five years. The GO Green Energy Fund was born.
WHAT IS A GREEN BANK
A Green Bank is a financial institution, typically public or quasi-public, that uses innovative financing techniques and market development tools in partnership with the private sector to accelerate deployment of clean energy technologies. What makes the GO Green Energy Fund unique? The GO Green Energy Fund was created and lives within Growth Opportunity Partners (Growth Opps), a 501(c)(3) nonprofit. It leverages private investment in clean energy technologies to reduce energy costs, stimulate economic activity, create Meaningful Wage Jobs, and expedites the transition to a low-carbon economy.
WHAT IS A GREEN BANK
A Green Bank is a financial institution, typically public or quasi-public, that uses innovative financing techniques and market development tools in partnership with the private sector to accelerate deployment of clean energy technologies. What makes the GO Green Energy Fund unique? The GO Green Energy Fund was created and lives within Growth Opportunity Partners (Growth Opps), a 501(c)(3) nonprofit. It leverages private investment in clean energy technologies to reduce energy costs, stimulate economic activity, create Meaningful Wage Jobs, and expedites the transition to a low-carbon economy.
THE IMPACT
The GO Green Energy Fund aims to create clean Meaningful Wage Jobs, double the regions installed solar capacity, reduce greenhouse gas emissions potentially taking the equivalent of over 100,000 passenger vehicles off the road, and leverage $30 million in overall investment into clean energy projects in the county.
These estimates are based upon CGC modeling, which includes an assumption that a Green Bank in NEO could invest a minimum of $15 million into a variety of solar PPAs over a five-year period. Data taken from NASA suggests there is strong potential pipeline to support investment.
GO GREEN ENERGY NEWS
These articles and updates are designed to fuel your curiosity to learn and provide
answers
to critical questions around Our Clean Energy Solutions. Scroll, click, and stay informed!
Growth Opps Partners with Coalition for Green Capital to Catalyze America’s Transition to Clean Energy
Jan 31, 2023
Growth Opportunity Partners, Inc. (Growth Opps) is proud to announce its partnership with the Coalition for Green Capital (CGC), to strengthen the National Green Bank’s ability to catalyze America’s transition to a clean energy platform.
THE GEORGE GUND FOUNDATION AWARDS $1 MILLION TO SUPPORT GROWTH OF GROWTH OPPS | GO GREEN ENERGY
Nov 11, 2022
Growth Opps thanks the George Gund Foundation for their unwavering commitment to equity and sustainability. The Foundation awarded $1 million to Growth Opps for the continued growth of GO Green Energy Fund.
CUYAHOGA COUNTY APPROVES $1 MILLION TO SUPPORT GROWTH OPPS | GO GREEN ENERGY FUND
Nov 11, 2022
Cuyahoga County, under the leadership of Council President Pernel Jones Jr. and County Executive Budish, has allocated $1 million from its American Rescue Plan Act (ARPA) funding to Growth Opps for its GO Green Energy Fund.
GROWTH OPPS AND THE GO GREEN ENERGY FUND JOIN THE AMERICAN GREEN BANK CONSORTIUM
Nov 25, 2020
Growth Opps joined The American Green Bank Consortium as the 16th green bank with the launch of the GO Green Energy Fund.