City First Enterprises Launches Clean Energy Partnership with DC Green Bank
The First Round of Projects is Bringing Solar Energy to 330 Families in the District
City First Enterprises (CFE) has entered into a lending partnership with the DC Green Bank, the independent District authority created to accelerate the deployment of flexible private and public capital aimed at expanding the local clean economy.

Under this collaboration, CFE will perform loan processing and servicing, leveraging its expertise and technology platforms to manage complex financial commercial transactions on behalf of the DC Green Bank.
The initial round of funding totaling $1.78 million includes:

  • Supplying 50% of electricity to 250 low- to moderate-income households in Ward 7 and Ward 8

  • Solar energy capacity for 80 senior apartment homes at The Parks at Walter Reed campus

  • Construction of solar installations at eight affordable housing sites

  • Direct environmental impact which includes reducing emissions by 1,500 tons of carbon dioxide annually
These projects are receiving incentives from the Solar For All program, an initiative managed by the DC Sustainable Energy Utility (DCSEU), a contractor under the Department of Energy & Environment overseeing the development of solar projects and ensuring that all output is provided free of charge to low-income residents to help offset utility costs. Flywheel Development, a local sustainable development company, is leading the design and construction of the installations. A true multi-party public-private effort.

Under a pro bono assignment, a team of attorneys from Kirkland & Ellis LLP provided legal counsel and represented CFE throughout the structuring of the partnership.

CFE is entering the green lending sector driven by a firm commitment to bring the environmental and financial benefits of emerging clean energy technologies to working families and small businesses across the region.
Capital for a More Inclusive Economy