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You are here: Home1 / News2 / innovation3 / With $560,000 Already Raised this Year, Connecticut Green Bank Subsidiary...

News & Press

News & Press

September 29th, 2022 BY RUDY STURK

With $560,000 Already Raised this Year, Connecticut Green Bank Subsidiary Opens Fourth Investment Offering to Citizens

Offering through Raise Green’s crowdfunding platform allows anyone the opportunity to invest as low as $100 to support small business energy efficiency in Connecticut and help confront climate change

Hartford, CT (Sept. 29, 2022) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, proudly launches their fourth Green Liberty offering, a crowdfunding campaign made possible in partnership with Raise Green, a social and environmental marketplace for impact investing. Through this offering, Connecticut residents and citizens nationwide can invest as little as $100 to support small businesses improving their energy efficiency and reducing energy costs.

“Our first three offerings have raised more than $560,000 this year from investors across the country, with a majority from here in Connecticut. Building upon our successful summer offering, which was completely sold out, we are excited to see more and more citizens getting involved and earning a competitive return on their money,” said Bryan Garcia, President and CEO of the Green Bank.

Notes are easy to purchase through an online platform without a broker, with $100 minimums. To date, 71% of the investments made have been $1,000 or less, and more than half of the investors have been Connecticut residents.

Investments in the Green Liberty offering support Eversource’s Small Business Energy Advantage (SBEA) program, which enables small businesses in Connecticut to reduce their energy costs through efficiency upgrades and zero interest loans.

As a result of the climate benefits associated with the SBEA program, this Green Liberty offering has been reviewed and verified for its environmental attributes by Kestrel Verifiers.

For more information about the investment opportunity, please visit invest.ctgreenbank.com.

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