188- Unlocking Clean Energy Funding: Insights from Andrew Kessler, President of NY Green Bank

In this episode of the Insider's Guide to Energy Podcast, we dive deep into the world of green finance with Andrew Kessler, President of the NY Green Bank. As the largest and one of the oldest green banks in the United States, the NY Green Bank has played a pivotal role in advancing clean energy initiatives across the state. Andrew shares insights on how the bank has effectively utilized its $1 billion capital to fund over $7 billion worth of sustainable infrastructure projects, while maintaining self-sustainability. 

Andrew discusses the challenges and opportunities in financing the energy transition, debunking common myths about green banks and explaining the critical role they play in animating private sector capital. He also highlights specific projects funded by the NY Green Bank, such as community solar, energy storage, and building decarbonization, and the significant impact these initiatives have had on New York’s journey toward a greener future. Whether you’re a financial professional, an energy enthusiast, or simply curious about the inner workings of green finance, this episode offers valuable insights. 

Finally, Andrew emphasizes the importance of public service and its intersection with private sector expertise in driving impactful change. He shares his personal journey from the private sector to leading a state-sponsored investment fund and offers advice for those looking to make a meaningful impact in the world of sustainable finance. Tune in to learn how the NY Green Bank is leading the charge in clean energy funding and how you can be part of this transformative movement.

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