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Advisers tell Oregon committee FORGE could recycle capital, mobilize private investment
Summary
Experts from the Connecticut Green Bank, S2 Strategies and the Center for Public Enterprise told the Senate committee that a FORGE‑style fund could leverage public seed capital to attract private finance, deliver technical assistance, and create a revolving loan fund to finance resilience and clean‑energy projects across Oregon.
Experts advising the Senate Energy and Environment Committee said a Fund for Oregon Resilience, Growth and Energy (FORGE) could amplify limited public dollars by attracting private capital, offering technical assistance and running revolving financing products to support projects that otherwise would not access affordable financing.
Bert Hunter from the Connecticut Green Bank described the Green Bank model in detail and the institutions and revenue streams that make it work. He said Connecticut’s quasi‑public Green Bank was established in 2011, uses a variety of public revenues…
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