News & Press Releases
- IBank Board Approves $26 Million Loan to Help City of Santa Cruz Finance Critical Wastewater Improvement Projects October 3, 2024 - IBank board of directors approved $26 million in loan financing for the city of Santa Cruz for two wastewater system improvement projects that will replace and upgrade decades-old equipment — preventing costly repairs, protecting pipelines from corrosion, improving water quality...
- California IBank Invests $25 Million in Critical Climate Solutions, Marking First Climate Catalyst Revolving Loan Fund Commitment September 3, 2024 -
- Governor Newsom, state and federal leaders celebrate launch of California’s first-in-the-nation hydrogen hub August 30, 2024 - California is the first state to officially launch one of the country’s seven hydrogen hubs – the next chapter of California’s climate leadership and a key part of the Governor’s build more, faster agenda deploying clean infrastructure and good jobs across the state.
- California launches world-leading Hydrogen Hub July 18, 2024 - The U.S. Department of Energy (DOE) and ARCHES announced the official signing of a landmark $12.6 billion agreement to build a clean, renewable Hydrogen Hub in California, including the up to $1.2 billion in federal funding that was announced last year when California was selected as a national hub.
- California Invests $27 Million in Innovative, First-in-the-Nation Port Data System Development July 11, 2024 - The California Governor's Office of Business and Economic Development (GO-Biz) today announced the award of $27 million to support data system development and interoperability across California's five containerized ports, the first-ever state-level funding in the country focused on improving data functionality across a statewide network of ports.
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