Green Infrastructure Bonds

HI Bond Program commercial residential

Administered by: Hawaii Green Infrastructure Authority

Program Details

Program ID: 5437
Last Updated: 8/19/2024

Eligibility

Eligible Sectors

commercial residential

Eligible Technologies

solar water heat solar thermal electric solar thermal process heat solar photovoltaics wind (all) biomass hydroelectric combined heat & power landfill gas tidal ocean thermal heat pumps custom/others pending approval yes; specific technologies not identified wind (small) hydroelectric (small) anaerobic digestion fuel cells using renewable fuels

Program Summary

S.B. 1087 of 2013 established the Hawaii Green Infrastructure Authority (HGIA) for the purpose of administering Green Infrastructure Bonds to secure low-cost financing for clean energy installations, including both renewable energy and energy efficiency measures. HGIA manages the Hawaii Green Energy Market Securitization (GEMS) Program, which is intended to create a sustainable financing structure through market driven public-private partnerships that will open access to financing for more Hawaii customers and democratize access to clean energy. HGIA has a goal of using 100% of funds to finance underserved households, defined as LMI households, renters, nonprofits, small businesses, and multi-family rental projects.

Contact & Resources

Additional Resources

https://gems.hawaii.gov/

Please verify current program details with the administering agency before making any financial decisions.