The deadline for submissions has been extended to Monday, September 8, 2025
PGCC Request for Proposals: Underwriting Support for Commercial Clean Energy Lending Programs
The Philadelphia Green Capital Corp (PGCC) issues a Request for Proposals (RFP) from qualified firms or individuals to provide comprehensive underwriting services for its commercial clean energy loan program.
Background:
7/31/25 (Closed): The Philadelphia Green Capital Corp (PGCC) issues this Request for Proposals (RFP) to identify qualified firms or individuals to provide comprehensive underwriting services for its commercial clean energy loan program. PGCC is launching a lending program for commercial-scale solar projects, initially focused on non-profits, schools, and municipal institutions.
In early 2025, PGCC secured low-cost loan capital via a partnership with the Coalition for Green Capital (CGC) to fund clean energy projects in Pennsylvania. Initial lending capital comes from the National Clean Investment Fund (NCIF), a program under the Environmental Protection Agency (EPA)’s Greenhouse Gas Reduction Fund. PGCC is now launching loan programs to provide debt funding for clean energy projects in Pennsylvania and will require assistance in underwriting and credit evaluation.
PGCC is now seeking an underwriter to support the effective implementation and scalability of its initial commercial solar loan program. The selected underwriter will play a critical role in developing loan program guidelines and documentation, and in assessing the financial and technical viability of individual loan applications.
In the future, PGCC intends to expand its lending program to other clean energy technologies, including but not limited to building energy efficiency, geothermal, hydropower, and anaerobic digesters.
Anticipated Procurement Timeline:
| Step | Date |
| RFP Released | Thursday, July 31, 2025 |
| Questions Due | Thursday, August 14, 2025 |
| Answers Posted | Thursday, August 21, 2025 |
| (Updated) Deadline to Submit Proposals | Monday, September 8, 2025 |
| Finalists Interviewed (estimated) | Early September 2025 |
| Final Selection Announced (estimated) | Mid-September 2025 |
Unless otherwise stated, all deadlines shall be 5pm ET.
Questions:
All questions regarding the PGCC Clean Energy Lending Program are available here.
Proposal Deadline:
Responses to this RFP must be submitted here. Responses must be received no later than Monday, September 8. Responses received after the deadline will not be considered.
All RFP Documents are available below:
Philadelphia Green Capital Corp 