CONTRACTDISCUSSED

Board Discusses Connecticut Green Bank Solar Financing

Regional School District 07
Disclosed value
Estimated $70,000 gross annual cash flow; operations and maintenance costs estimated at $8,000–$12,000 annually
From minutes
Document date
Oct 12, 2026
Term
18-year loan

The 30-second brief

What it covers

Regional School District No. 7 discussed an 18-year solar financing route with Connecticut Green Bank. The proposed direct-ownership model would use project revenue to cover loan payments and generate an estimated $70,000 in annual gross cash flow, but no final approval was granted.

Who holds it

Connecticut Green Bank holds this financial services contract with Regional School District 07. Its other public contracts on record include work for Town of Coventry and Town of Simsbury.

What happens next

Term as filed: 18-year loan.

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Contract details

Contract type
Financial Services
Amount
Estimated $70,000 gross annual cash flow; operations and maintenance costs estimated at $8,000–$12,000 annually
Document date
October 12, 2026
Term
18-year loan
Source document
Regional School District No. 7 Board of Education Minutes Building Committee Agenda and Minutes 2026-10-14 (Minutes)

Connecticut Green Bank's other public contracts

More Regional School District 07 contracts

Questions about this contract

Who was awarded the financial services contract by Regional School District 07?

Connecticut Green Bank was awarded this financial services contract by Regional School District 07, as recorded on October 12, 2026. The contract value is Estimated $70,000 gross annual cash flow; operations and maintenance costs estimated at $8,000–$12,000 annually.

How much is the Connecticut Green Bank contract with Regional School District 07 worth?

The Connecticut Green Bank contract with Regional School District 07 is valued at Estimated $70,000 gross annual cash flow; operations and maintenance costs estimated at $8,000–$12,000 annually, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Regional School District No. 7 Board of Education Minutes Building Committee Agenda and Minutes 2026-10-14 (Minutes), dated October 12, 2026 from Regional School District 07. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Connecticut Green Bank hold?

Connecticut Green 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 Regional School District 07 currently buying?

Explore Regional School District 07's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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