New York Ahead Of Schedule In Its Green Bank Initiative

ALBANY, N.Y. (AP) — New York state's Green Bank initiative is thriving. Gov. Andrew Cuomo says during fiscal year 2016-2017, NY Green Bank generated $2.7 million in net income as a result of $291.6 million in investments in clean energy transactions across the state. That's one year ahead of schedule. Since its launch in 2014, the state-sponsored financial entity, which works with the private sector to increase investments in New York's clean energy markets, has helped nine New York-based companies expand operations in the state.Read more on NewsOK.com

Topics:  albany   n.y ap     new york   gov andrew cuomo   ny green bank   new york-based   newsok   green bank   york   schedule   state   year   investments   million   clean   energy   
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