Company Profile
New York City Energy Efficiency Corporation (NYCEEC)
Company Overview
The New York City Energy Efficiency Corporation (NYCEEC), the country’s first local green bank, is a non-profit specialty financier of projects that save energy and reduce greenhouse gases. NYCEEC’s team is passionate about its mission to deliver financing solutions and advance markets for energy efficiency and clean energy in buildings. For more information: https://nyceec.com.
Company History
We focus 100% on energy efficiency and clean energy in buildings.
We know that climate change poses increasingly urgent health and environmental risks, especially for vulnerable populations. In urban centers, buildings can account for up to 70% of GHG emissions (OneNYC, 2015). There is huge untapped opportunity to reduce GHG emissions by investing in buildings. Private capital must be mobilized at scale to unlock this opportunity and combat climate change.
NYCEEC’s loans help buildings invest in energy efficiency and clean energy to save money, improve the environment and build sustainable communities. We partner with financial institutions like Bank of America, Deutsche Bank, Fannie Mae, Enterprise, CDFIs and affordable housing agencies to build green financing markets. Our transformative market-based strategies can overcome barriers and scale investment.
We are a 501(c)(3) mission-driven lender. We are based in NYC and lend throughout the northeast and mid-Atlantic region. Our focus includes high-impact areas like LMI communities, solar and storage, net zero energy buildings, and scalable products like C-PACE and ESAs. We are partnering with New York City to reduce the City’s GHG emissions 80% by 2050. Together with lending institutions, policymakers and philanthropies, NYCEEC is working to solve the challenge of climate change.
Benefits
NYCEEC offers a competitive compensation and benefits package, including 12 paid holidays, paid time off / paid sick leave for full-time employees (starting at up to four weeks each year and increases based on years of service), medical, dental, and vision insurance, and a 401(k) plan with NYCEEC matching employer contributions.