Bridge Bank Provides Consolidated Edison Development Financing for 40-Megawatt Project in San Antonio, Texas

SAN JOSE, CA--(Marketwired - Jun 16, 2015) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that it has provided Consolidated Edison Development, Inc. ("CED") with term debt financing to restructure and repay construction project financing. The New York-based company bought three solar facilities that will supply power to CPS Energy, San Antonio's municipally owned utility. CED now owns and operates the Alamo 4 solar facility in Brackettville, the Alamo 3 solar facility in San Antonio and the Alamo 5 solar facility in Uvalde, currently under construction, all located in Texas.

"The financial solution we provided to CED exemplifies the expertise of our team at Bridge Bank," said Andre Zaffuto, vice president in the bank's Energy and Infrastructure Group (EIG). "Whether it's a $30 million utility-scale, syndicated project or a $7 million portfolio of commercial off-takers, Bridge Bank brings the speed and expertise to finance construction and term loans for renewable energy projects throughout the United States," he added.

Bridge Bank's Energy and Infrastructure Group offers a full complement of debt financing, advisory and banking services to developers of commercial and small-scale utility and renewable energy generation facilities across the U.S. The bank's EIG team emphasizes its ability to be responsive under tight deadlines, and its flexibility in working with other partners on direct or syndicated debt structures.

About Consolidated Edison Development

Consolidated Edison Development, Inc. is part of the Consolidated Edison, Inc. family of companies and a sister company to the utility that provides electric service in New York City and most of Westchester, Rockland and Orange Counties. CED owns and operates renewable energy projects across the United States and ranked 6th among the top U.S. solar developers in 2014. With a market presence in Arizona, California, Massachusetts, Nebraska, New Jersey, Nevada, Pennsylvania, Rhode Island, South Dakota and Texas totaling over 1.1 gigawatts of renewable energy projects in operation and various stages of construction, they are one of the best-known and most trusted names in renewable energy.

About Bridge Bank, National Association
Recognized by The Findley Reports as a Super Premium Performing Bank, and designated "Superior" by BauerFinancial and IDC, Bridge Bank is a full-service professional business bank founded in the highly competitive climate of Silicon Valley in 2001. From the very beginning, our goal has been to offer small-market and middle-market businesses from across many industries a better way to bank. Our technology banking division provides a broad range of financial solutions to venture-backed and non-venture-backed companies, enabling us to meet our clients' varied needs across all stages of business life. It's how we go about doing so that differentiates us from our competition. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. Learn more at the new Follow us @BridgeBank.

About Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on the NASDAQ stock market under the trading symbol BBNK. Bridge Bank Holding Company was recently admitted to Sandler O'Neill's Class of 2014 "Sm-All Stars" - a select group of 35 top-performing publicly traded banks and thrifts from throughout the U.S. with market capitalization of up to $2.5 billion. For additional information, visit the Bridge Capital Holdings website at

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