Issue link: https://nebusinessmedia.uberflip.com/i/1544671
HARTFORDBUSINESS.COM | MAY 4, 2026 13 Your business needs a banking partner who understands your goals, the local market, and the community we share. At Westfield Bank, our Commercial Lending team delivers flexible financing solutions designed to help local businesses invest, expand, and thrive. Cash flow Asset purchase Facility purchase/construction/expansion And more Your banking relationship is critical to your success, so we aim to make your decision an easy one. Let's grow together. Go to westfieldbank.com/business/commercial-lending or call 860.838.3766. Member FDIC westfieldbank.com Westfield Bank Commercial Lending Local knowledge. Local decisions. Local service. Seeking certainty Perhaps one of the biggest chal- lenges facing Greenskies is shifting federal energy policy under the Trump administration, particularly changes to incentives enacted last year under the "One Big Beautiful Bill." The law reshaped the economics of solar projects by imposing new dead- lines and phasing out key tax credits over time. For example, the 30% federal Invest- ment Tax Credit for commercial solar remains available, but only for projects that begin construction by July 4, 2026, or are placed in service by Dec. 31, 2027. After that, the credit is sched- uled to phase out — a change that has prompted a rush by businesses and developers to move projects forward. At the same time, the law eliminated the 30% residential solar tax credit for systems installed after Dec. 31, 2025, adding uncertainty for the broader solar market, though Greenskies operates exclusively in the commercial and industrial segment. Despite those changes, Singh said he does not expect shifting federal policy to materially affect the company's growth. "There are always policy highs and lows," he said. "Markets adjust, whatever the policies. What companies need is certainty. Once you have certainty, markets adjust and the company adjusts." Greenskies continues to see demand from large corporations, real estate portfolio companies, and commercial and industrial customers, many of whom are grappling with rising energy costs, Singh said. "Our customers want cost certainty, as well as energy resilience with the grid," Singh said. "So we're leveraging a repeatable, scalable playbook and using that to grow across the nation." Scaling that growth could include multisite projects, such as installations across big-box retail portfolios, he said. Singh also expects energy storage to play a larger role in Greenskies' projects, building on battery systems already installed at some sites to provide resilience and backup power. "During peak times, you can store power in the battery and then discharge it in the evening when the sun is down," he said. "So, I clearly see a role for storage and expect to include more and more storage going forward." CT is home While looking to expand across the U.S. — Greenskies has satellite offices in New York City and Pleasanton, California — the company remains grounded in Connecticut, Singh said. Greenskies has no intention of relocating from its headquarters at 127 Washington Ave., in North Haven. "Our business is domiciled here," he said. "It's extremely important for us." He noted that Greenskies partici- pates in state-supported renewable energy programs that provide long- term contracts and incentives for solar projects. "We have a big opportunity to grow in this market, in Connecticut, for sure," he said. A 2.32-megawatt ground-mounted solar array in Orange developed by Greenskies Clean Focus will help the Connecticut State Colleges and Universities system save an estimated $6 million in energy costs over 20 years. Contributed Photo SCAN HERE TO NOMINATE OR VISIT HARTFORDBUSINESS.COM/HBJ-EVENTS PRESENTED BY O N M I N A T E TIME IS RUNNING OUT- NOMINATE TODAY! SUPPORTING SPONSORS These individuals exemplify exceptional leadership, entrepreneurial spirit, and community engagement, serving as role models for their peers and inspiring future generations. By recognizing their achievements, we not only celebrate their hard work and dedication but also encourage a culture of excellence and collaboration within our industries. NOMINATION DEADLINE: MAY 15, 2026 MAJOR SPONSOR