E-News June 2020

Confront Climate Change with Green Liberty Bonds

The Connecticut Green Bank is proud to announce that our first Green Liberty Bond will be issued on our or about July 14. Inspired by the War Bonds of the 1940s, the Green Liberty Bond stresses the importance of confronting climate change by enabling families and businesses to invest in solutions.

To learn more about the Green Liberty Bond and read the Preliminary Offering Statement, please visit our investor relations website at www.greenlibertybonds.com. You can also learn more by attending one of our upcoming webinars: Thursday, July 2 from 12 – 1 pm or Tuesday, July 7 from 7 – 8 pm. (click the link to register for the session of your choice).

Bringing New Light and Life to Repurposed Properties

How does an outdated engineering plant become a state-of-the-art, energy-efficient sports facility? And how is an industrial complex repurposed into a home for makers, artisans, and manufacturers? Innovative C-PACE financing has enabled Spinnaker Real Estate Partners to harness the power of solar to reduce operating costs, exceed industry standards in sustainability, and give new life – and purpose – to older buildings.

Read more about this work and watch a case study video here.

PACEsetter Awards Presented

The Connecticut Green Bank created the PACEsetter Awards to acknowledge contractors, building owners and other stakeholders who are advancing the green energy movement through C-PACE, and whose leadership establishes a “pace” for others in their field to follow.

The winners were:

 Top Performer, 2019 – Green Earth Energy

Outstanding Project, 2019 – Verogy and L.C. Doane Company

Accelerating PACE, 2019 – Spinnaker Real Estate Partners and 64 Solar

Click here to learn more about these projects.

Environmental Finance Recognizes Green Bank with Two Bond Awards

When Environmental Finance’s 2020 Bond Awards winners were announced earlier this year, the Connecticut Green Bank was recognized with two honors:  the Award for Innovation – Green Bond Structure and the Award for Asset-Backed or Asset-Based Bond. These awards highlight the innovation and success of the Green Bank’s April 2019 $38.6 million in green asset backed securities, which was its first rated debt issuance, and the first ever solar asset-backed security (ABS) transaction by a green bank. The awards were judged by an independent panel comprising of 30 of the world’s largest green, social and sustainability bond investors.

To read more about this award winning issuance, please visit Environmental Finance’s article.

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