Economic Development Authority | State of New Jersey Awards Financial Services Contract to Amalgamated Bank (March 2023)
Economic Development Authority | State of New JerseyState · Trenton, NJ- Disclosed value
- $25 million recapitalization
- From report
- Approved
- Mar 1, 2023
The 30-second brief
Amalgamated Bank is supporting a $25 million recapitalization effort with Connecticut Green Bank and Capital for Change to expand capital available for green lending. The recapitalization will bolster financing for residential and multifamily clean energy projects.
Amalgamated Bank holds this financial services contract with Economic Development Authority | State of New Jersey. Its other public contracts on record include work for School Of Arts And Enterprise and City of Byron.
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Contract details
- Contract type
- Financial Services
- Amount
- $25 million recapitalization
- Document date
- March 1, 2023
- Vendor
- Amalgamated Bank
- Source document
- 2022_us_green_bank_annual_industry_report.pdf (Report)
Amalgamated Bank's other public contracts
More Economic Development Authority | State of New Jersey contracts
Questions about this contract
Who was awarded the financial services contract by Economic Development Authority | State of New Jersey?
Amalgamated Bank was awarded this financial services contract by Economic Development Authority | State of New Jersey, as recorded on March 1, 2023. The contract value is $25 million recapitalization.
How much is the Amalgamated Bank contract with Economic Development Authority | State of New Jersey worth?
The Amalgamated Bank contract with Economic Development Authority | State of New Jersey is valued at $25 million recapitalization, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in 2022_us_green_bank_annual_industry_report.pdf (Report), dated March 1, 2023 from Economic Development Authority | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Amalgamated Bank hold?
Amalgamated Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Economic Development Authority | State of New Jersey currently buying?
Explore Economic Development Authority | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.