Strategy and Impact

Product Offerings

As stated in the NJGB By-Laws approved by the NJEDA Board on April 10, 2024, and subsequently approved by the NJGB Board on May 28, 2024, the purpose of the NJGB is to “make equity investments, provide credit enhancements, and offer loans or other financial assistance to attract private capital to enable the State to reach its energy goals, while providing measurable benefits to Environmental Justice Communities (EJCs).” As such, the NJGB is in the process of developing debt, credit enhancement, and equity products through which parties can access NJGB financial support for transactions aligned with the State’s climate goals. Please check back soon for more information on each of these products.