Wells Fargo Grant Boosts New Financing Partnership Between Elemental Excelerator and NYCEEC To Catalyze Climate Technology Innovation
March 6, 2024 /3BL/ - Wells Fargo, together with Elemental Excelerator, a leading nonprofit climate technology investor, and the New York City Energy Efficiency Corporation (NYCEEC), a leading nonprofit green bank, have joined forces to launch a new debt financing program, called the Capital Access for Climate Innovators. The Capital Access Program was created to pilot innovative lending and co-investing vehicles to catalyze climate technology projects with significant community benefits.