Using Raise Green’s award-winning online platform, anyone can invest as low as $100 to support small business energy efficiency in Connecticut and help confront climate change
Hartford, CT (January 10, 2023) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, proudly launches their fifth Green Liberty offering, a crowdfunding campaign made possible in partnership with Raise Green, an award-winning online 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.
“Through four offerings in 2022, we have raised more than $800,000, primarily from investors here in Connecticut. The last two offerings were sold out and the number of investors across the country continues to grow. We are encouraging citizens to learn about the opportunity to make a difference and earn 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, 67% of the investments made have been $1,000 or less, and more than half of the investors have been Connecticut residents.
New to this offering, the Green Bank is proud to offer investors from the first round of Green Liberty Notes in January 2022 the opportunity to reinvest their principal and interest in this offering. Anyone who invested in the first round and who invests in this offering, either by reinvesting their principal and interest or by investing a different amount, will receive an interest rate increase as a thank you for their early support of the Green Liberty Notes.
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.
Fiscal Year 2022 Annual Report Highlights Most Recent Successes Reducing Energy Cost Burdens on Families and Businesses
/in NewsBased on 11 years of programs designed to benefit residents, state’s Green Bank now serves as model for the nation
Hartford, CT (Jan. 23, 2023) – More than 66,500 families and businesses have been able to reduce the burden of energy costs in their homes and buildings since 2011 through programs offered by the Connecticut Green Bank, according to the recently released annual report for fiscal year 2022. In total, the Green Bank has mobilized nearly $2.3 billion into the state’s economy by leveraging public funds (roughly 70 cents a month from the typical household) to attract multiples of private investment at a seven-to-one ratio.
This investment has helped create over 26,000 thousand job-years, generated millions of dollars in tax revenues, and limited greenhouse gas emissions that harm public health. The Green Bank measures its impact in terms of economic development, energy, environmental protection, and equity (E4 metrics). These statistics can be found in the annual report.
“Our E4 metrics includes a goal of directing no less than 40 percent of investment and benefits from our programs into vulnerable communities that are disproportionately impacted by the effects of climate change by 2025. We do this because our vision for a planet protected by the love of humanity reflects an unwavering commitment to and incessant hope for the betterment of our communities and country,” said Bryan Garcia, President and CEO of the Green Bank. “Through our annual report and our annual Comprehensive Financial Report, we demonstrate our data-driven, transparent approach to sharing our progress so that residents and state leaders can proudly tell the story of what we are achieving together in helping families and businesses reduce energy costs by installing clean energy in their homes and buildings.”
Some highlights of the fiscal year 2022 include:
To access the FY22 report, please visit https://www.ctgreenbank.com/strategy-impact/reporting-and-transparency/.
Connecticut Green Bank Subsidiary Opens Investment Offering to Citizens to Kick Off 2023
/in Investment Solutions, NewsUsing Raise Green’s award-winning online platform, anyone can invest as low as $100 to support small business energy efficiency in Connecticut and help confront climate change
Hartford, CT (January 10, 2023) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, proudly launches their fifth Green Liberty offering, a crowdfunding campaign made possible in partnership with Raise Green, an award-winning online 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.
“Through four offerings in 2022, we have raised more than $800,000, primarily from investors here in Connecticut. The last two offerings were sold out and the number of investors across the country continues to grow. We are encouraging citizens to learn about the opportunity to make a difference and earn 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, 67% of the investments made have been $1,000 or less, and more than half of the investors have been Connecticut residents.
New to this offering, the Green Bank is proud to offer investors from the first round of Green Liberty Notes in January 2022 the opportunity to reinvest their principal and interest in this offering. Anyone who invested in the first round and who invests in this offering, either by reinvesting their principal and interest or by investing a different amount, will receive an interest rate increase as a thank you for their early support of the Green Liberty Notes.
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.
Become a Solar PPA and Roof Lease Eligible Contractor!
/in Building Contractors, Contractor AnnouncementsManchester Announces Solar Installations at Seven Municipal Buildings
/in Building Solutions, Community Solutions, NewsConnecticut Green Bank Subsidiary’s Fourth Green Liberty Notes Offering is Second Consecutive Sell-Out, Brings Cumulative Raise Over $800,000
/in Investment Solutions, NewsOctober 2022 Newsletter
/in NewslettersGreen Bank launches their second green liberty offering, announces enhancements to c-pace, annual awards, and more
With $560,000 Already Raised this Year, Connecticut Green Bank Subsidiary Opens Fourth Investment Offering to Citizens
/in innovation, Investment Solutions, NewsJoe Kennedy III Dedicates First-of-its-Kind Microgrid
/in Financing, NewsGreen Bank helps East Meadow Condominiums replace failing, leaky roof, and upgrade their boilers
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