Lee: Securitizing local GGRF loans on Wall Street can unlock hundreds of billions
Amanda Lee · Frontier Forum: Is America’s green bank ready? · Aug 13, 2024 · at 8:42
Clean energy finance leader Amanda Lee discusses how federal green bank capital from the Greenhouse Gas Reduction Fund can be scaled via secondary markets.
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“That movement from a small local project can really get funding, right? From a GGRF lender Maybe blending it with a private local lender so there's a more robust capital stack and then those projects can be bundled upwards to maybe a mid-sized lender or a national hub cross between multiple portfolios, and then continue to be recapitalized, sold, or securitized on Wall Street. And that turns that twenty-seven billion dollars into the hundreds of billions that we really hope for”
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