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Frequently Asked Questions

Find answers to common questions about CGC’s work, impact, and how to partner with us.

What types of projects does CGC typically finance?

CGC finances clean energy and other types of qualifying  infrastructure projects across sectors such as power generation, storage, building decarbonization, transportation, and related infrastructure. Transactions typically involve structured debt investments at scale, designed to attract private capital on market-based terms. Examples are available on our investments page.

What is a Qualified Project?

Qualified Projects are projects, activities, or technologies that:

  1. Reduce or avoid greenhouse gas emissions;
  2. Reduce or avoid other air pollutants;
  3. Deliver additional benefits in the categories of climate change, clean energy and energy efficiency, clean transportation, affordable and sustainable housing, training and workforce development, remediation and reduction of legacy pollution, and/or development of critical clean water infrastructure;
  4. May not have otherwise been financed;
  5. Mobilize private capital; and
  6. Support only commercial technologies.
Where does CGC invest?

CGC invests in projects located anywhere in the United States.

What forms of financing are available?

CGC primarily provides structured credit financing across the capital stack, including preferred equity with debt-like features. Typical tenors are three to eight years, including mini-perm structures for longer-dated assets. Financing is structured on market-based terms and may be fixed or floating rate, with credit enhancements aligned with project risk.

Does CGC offer grants as part of its work?

CGC generally does not provide grants apart from our Municipal Investment Fund program, which allocated grants to 50 municipalities—one in each state—to support early-stage project development. See more information here.