AMAL - Mergers and acquisitions

NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ:AMAL), today announced the successful closing of a $15 million commitment as part of a nearly $1 billion aggregate financing to support the construction and operation of Greenbacker Renewable Energy Company LLC's ("Greenbacker") utility-scale 674 MWdc (megawatts of direct current) "Cider" solar farm, the largest solar project in New York State. Cider is located on approximately 2,500 acres in Genesee County, New York, the state where both Greenbacker and Amalgamated Bank are headquartered. Greenbacker broke ground on the solar project—its largest to date—in late 2024, and comm

Partnership with Amalgamated Bank and GS Power Partners funds five community solar projects in NY GS Power Partners (GSPP), a leading Independent Power Producer in the distributed generation (DG) solar sector, today announced it has secured a $22 million term financing commitment from Amalgamated Bank (NASDAQ:AMAL). The financing package encompasses five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311666654/en/GS Power Partners' Fox Road project in Marcy, New York. (Photo: Business Wire) "We are pleased to announce this financial close, alongside ou