Tag Archive for: Latest News

Easterseals Capital Region & Eastern Connecticut Showcases Energy Cost Saving Projects in Partnership with the Connecticut Green Bank

Improvements are estimated to produce $1.3 million in savings over the lifetime of the new equipment

 

WINDSOR, Conn. (October 9, 2025) — Easterseals Capital Region & Eastern Connecticut, in partnership with the Connecticut Green Bank, recently showcased its significant energy upgrades at its Deerfield Road facility during an open house on Wednesday, October 8. The enhancements at the 22,100-square-foot building, including a 218-kilowatt rooftop solar system and advanced lighting controls, are projected to save the organization approximately $1.3 million in energy costs over the lifetime of the new equipment.

From left to right, Michael Mastriano, VP of Solar Division of FSG, Windsor Town Manager Peter Souza, Robin Sharp, President and CEO of Easterseals Capital Region & Eastern Connecticut, and Bryan Garcia, President and CEO of Connecticut Green Bank.

The project was financed through the Green Bank’s Commercial Property Assessed Clean Energy (C-PACE) program, which provides affordable, long-term financing for energy efficiency and renewable energy upgrades to commercial properties. Oxford, Connecticut-based Facility Solutions Group, Inc. installed the system.

“We’re so grateful to the Connecticut Green Bank for a partnership that has allowed Easterseals to upgrade our facility with solar and smart lighting helping us to operate more efficiently and sustainably.” said Robin Sharp, President and CEO of Easterseals Capital Region & Eastern Connecticut. “And, the best part is that the savings and revenue we generate from these improvements will go right back into our community services, allowing us to further our mission.”

The energy upgrade project received approximately $714,000 in C-PACE financing. Additionally, Easterseals utilized the Federal Investment Tax Credit (ITC) direct pay option through the IRS, a provision of the Inflation Reduction Act (IRA) that allows tax-exempt entities to access expanded tax credits for clean energy technologies. This provision has made C-PACE and solar energy more accessible to non-taxpaying organizations like Easterseals.

“Easterseals is such an important part of Connecticut’s community, providing critical support services to help people thrive,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “At the Connecticut Green Bank, our mission is to empower community organizations like Easterseals to invest in long-term energy cost saving solutions that can help strengthen their impact while continuing to uplift the people they serve.”

Easterseals has a longstanding commitment to sustainability. Established in 2008, its social enterprise, EnviroShred, focuses on the secure and eco-friendly destruction of confidential data, employing veterans and individuals with disabilities.

###

About Easterseals Capital Region & Eastern Connecticut

For over 75 years locally and 100 years nationally, Easterseals has been an indispensable resource for individuals with disabilities, veterans, seniors, and their families. Through high-quality programs, including medical rehabilitation, autism services, Veteran and Military services, workforce development, adult day care and more. Easterseals also operates social enterprise businesses such as EnviroShred and EnviroClean. In schools, workplaces, and communities, we are fostering environments where everyone is included and valued — making a real and positive impact on us all. Join us in ensuring that everyone – regardless of age or ability – is 100% included and 100% empowered. Learn more at www.easterseals.com/Hartford.

 

The Best Postcards goes solar using C-PACE financing

Cheshire company is projected to save more than $2.3 million in energy costs

 

Hartford, CT (October 7, 2025) – The Connecticut Green Bank announces the completion of a solar photovoltaic (PV) installation financed using C-PACE at 30 Grandview Court in Cheshire. The 29,650-square-foot facility is home to direct mail marketing company The Best Postcards, which purchased the site in 2022. The 344-kW system, installed by Smart Roofs Solar Inc. of Monroe, is estimated to produce energy cost savings of more than $2.3 million over the expected useful life of the solar system.

The Best Postcards, founded in Connecticut in 2019, has rapidly expanded to serve businesses across 48 states. As a data-driven marketing and printing partner, they help companies strengthen their brand, acquire new customers, retain loyal clients, and engage target audiences with measurable results. From direct mail campaigns to signage, stickers, door hangers, and more, all production and design is completed in-house at their Cheshire facility—ensuring quality, speed, and consistency at every stage.

“At TheBestPostcards.com, we’re proud to take a big step toward sustainability by installing solar panels on our building,” said Andrew Ettinger, Cofounder and CEO. “Thanks to the outstanding team at Smart Roofs Solar and the financial support from Connecticut Green Bank, the process was smooth from start to finish. Not only are we significantly lowering our environmental impact, but we’re also seeing meaningful savings on our energy costs. This investment isn’t just good for the planet — it’s smart for business.”

Solar projects installed through C-PACE (Commercial Property Assessed Clean Energy) financing are designed to meet a positive savings-to-investment ratio, which means that these projects are cashflow positive for the property owner immediately. More than 400 projects have been financed through C-PACE saving more than $400 million in energy costs for building owners.

“C-PACE has supported a number of solar projects in Cheshire, and we are excited that this installation will help The Best Postcards reduce their energy costs and focus on their core business,” said Mackey Dykes, Executive Vice President of Financing Programs at the Green Bank.

To learn more about C-PACE, please visit www.ctgreenbank.com/cpace

 

 

Riverbank Federal Credit Union Joins Smart-E Loan Program 

Administered by the Connecticut Green Bank, Smart-E supports homeowners making energy and resilience improvements with flexible, low interest financing 

 

Hartford, CT (August 27, 2025) – The Connecticut Green Bank proudly welcomes Riverbank Federal Credit Union (RFCU) to the Smart-E loan program as a participating lender. Smart-E provides homeowners with lower interest rates and flexible term financing for projects related to energy efficiency, renewable energy, and resilience. The loan is offered through local lending partners, like RFCU, and a network of more than 400 contractors across the state.  

Through our partnership with the Green Bank, Riverbank FCU is proud to offer members a simple, affordable way to make their homes healthier and more energy efficient,” said Charla Stetson, President and CEO of Riverbank FCU. “This initiative aligns with our ongoing mission to expand products and services that meet the evolving needs of both current and future members—while remaining grounded in our core values: respect, integrity, value, empathy, and reliability. Smart-E Loans reflect these values in action, empowering members to invest in their homes and their futures. Together, we’re creating a lasting, positive impact on our members and the greater Hartford County community.” 

Headquartered in Windsor Locks, RFCU was founded in 1940 as a community chartered federal credit union serving Hartford County. This means that anyone who lives, works, worships, or goes to school in the towns in Hartford County and their immediate family are eligible for credit union membership.  

“We are incredibly excited to welcome Riverbank Federal Credit Union to our Smart-E lender community,” said Bert Hunter, Executive Vice President and Chief Investment Officer of the Green Bank. “This new partnership strengthens our ability to support homeowners in Hartford County and the contractors serving those municipalities. RFCU is a great fit for the program and their principle of ‘people helping people’ aligns with our vision of a planet protected by the love of humanity.”  

Originally launched in 2013, the Smart-E loan has helped more than 9,500 families make improvements to their homes by enabling nearly $150 million in lifetime cost savings to these residents. The majority of these projects are energy efficiency related, including updates to heat, ventilation, and cooling (HVAC) systems, windows, and insulation, with most of the remaining projects focusing on solar and battery storage. Smart-E financing can be used for more than 90 improvements, and recently expanded to add improvements to septic systems, wells, and basement waterproofing. The loan offers terms up to 15 years with interest rates based on the term, not on individual credit scores.  

To learn more about Smart-E, please visit ctgreenbank.com/smarte 

To learn more about Riverbank Federal Credit Union, please visit https://www.riverbankfcu.com/News/Now-Offering-Connecticut-Green-Bank-Smart-E-Loans  

 

Ridgefield High School Unveils 1 MW Solar Carport, Generating $1.5 Million in Savings and Advancing Clean Energy Goals

New solar installation provides clean power, reduces energy costs, and supports long-term sustainability for the community.

RIDGEFIELD, Conn. – August 19, 2025 – The Town of Ridgefield, in partnership with Davis Hill Development and the Connecticut Green Bank, is proud to announce the completion and commissioning of a 1,038 kW solar carport at Ridgefield High School, a landmark project that reflects the town’s long-standing commitment to sustainability, fiscal responsibility, and educational excellence.

Generating approximately 1.3 million kilowatt-hours of clean electricity annually, the system will reduce the school’s energy costs and carbon footprint while delivering an estimated $1.5 million in savings over the next 25 years. Designed to power the equivalent of nearly 100 homes per year, the solar installation also serves as a highly visible symbol of Ridgefield’s leadership in climate action and community stewardship.

“This project is a great example of what’s possible when forward-thinking communities and strong partners come together,” said Micah Brill, Vice President of Asset Management at Davis Hill Development. “Ridgefield had a clear vision, and with the support of the Green Bank and Patriot Renewable Energy Capital, we were able to bring that vision to life–delivering real savings, clean energy, and long-term value to the town.”

The project was financed through an innovative structure that included support from the Connecticut Green Bank and a tax equity investment from Patriot Renewable Energy Capital. AEC Solar served as the engineering, procurement, and construction (EPC) partner, completing the carport on an accelerated summer schedule to avoid disruptions to the school year. The project also benefited from federal Investment Tax Credits enabled by the Inflation Reduction Act–highlighting how supportive national policies can translate into local cost savings and environmental impact.

“At the Green Bank, we’re always looking to foster partnerships that make the benefits of clean energy projects a reality, including creating significant energy savings and supporting jobs in our communities,” said Mariana Cardenas Trief, Director of Investments at Connecticut Green Bank. “This is the latest of multiple solar projects that we have worked with DHD Renewables and the Town to complete, and we are proud to continue this support as they reduce their energy costs and move Connecticut closer to its clean energy goals.”

The solar system is uniquely integrated into four separate Town- and School-owned electric meters, allowing for optimal use of on-site solar production and full participation in programs like Connecticut’s Non-Residential Renewable Energy Solutions (NRES), Zero Emission Renewable Energy Credits (ZRECs), and Class I RECs.

This solar carport builds on Ridgefield’s broader sustainability initiative, which began nearly a decade ago and includes rooftop solar installations at eight other schools and municipal buildings.

About Davis Hill Development
Davis Hill Development (DHD), a subsidiary of Skyview Ventures, is a leading clean energy developer providing turnkey solar and storage solutions that deliver environmental, financial, and community benefits. Since 2013, DHD has developed and now operates nearly 200 distributed energy projects across 15 states.

DHD helps municipalities, businesses, and landowners reduce energy costs through solar installations and community solar programs—including initiatives that expand access for low-to-moderate income (LMI) residents. The company also leases rooftops, parking lots, and land for solar development, turning underutilized space into reliable revenue. Learn more at www.davishilldevelopment.com.

About Patriot Renewable Energy Capital (“PREC”)
PREC is a tax equity provider for distributed generation and utility-scale renewable energy projects nationwide. The firm specializes in efficient, developer-friendly structures that help unlock the full value of federal tax credits. With a proven track-record of over $150 million invested, PREC supports a diverse portfolio of solar, wind, battery storage, and hydroelectric assets. The firm is affiliated with Jay Cashman, Inc., a multidisciplinary development and construction company.

Connecticut Green Bank and GoodLeap Partner to Create an AI-Powered Virtual Power Plant Initiative to Unlock Savings for Homeowners and Enhance Grid Reliability

The partnership will aggregate solar and energy storage systems through the Energy Storage Solutions program to incentivize homeowners and reduce strain on the electrical grid

Hartford, CT and San Fracisco, CA– August 13, 2025 – The Connecticut Green Bank and GoodLeap, a leading finance and technology sustainable home solutions platform, today announced a strategic partnership to develop and operate Virtual Power Plants (VPPs) across Connecticut. This collaborative effort, enabled through the State’s Energy Storage Solutions program, will focus on deploying residential solar systems and battery energy storage to help lower energy costs, improve grid resilience, and advance Connecticut’s clean energy goals.
Enabled by GoodLeap’s AI-powered proprietary software, GoodGrid, the fastest growing VPP network in the US, and integrated with the utility’s Distributed Energy Resource Management Systems (DERMS), the VPPs can aggregate thousands of residential solar and storage systems into coordinated networks to provide grid services, such as peak demand reduction, helping reduce strain on the electrical grid, potentially deferring distribution infrastructure investments for utilities, and will better position Connecticut to meet its clean energy deployment targets. This can help lower costs for all homeowners as more expensive sources of energy can be avoided during these peaks, and will increase access to distributed energy resources.

“Together with GoodLeap, we are working to ensure that Connecticut residents — especially those in vulnerable communities — benefit from clean, resilient, and affordable energy solutions,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “We saw GoodLeap leading on VPPs in other states around the country and felt that their technology, products and services were needed in Connecticut to help our families realize the benefits of these distributed energy resources. This initiative will bring new resources to homeowners and ratepayers while supporting our state’s climate and energy goals.”

Eligible Connecticut homeowners will receive monthly cash rewards through the GoodGrid cash rewards, advancing the goals of the Energy Storage Solutions program. The Green Bank will also support the partnership through technical assistance to streamline project development and interconnection, as well as stakeholder and community engagement to boost awareness and participation while ensuring equitable access.

“We are thrilled to work with the Connecticut Green Bank to scale residential clean energy and energy storage solutions across the state,” said Daniel Lotano, Chief Operating and Strategy Officer at GoodLeap. “Our technology has already helped tens of thousands of homeowners across the United States earn money for supporting a more reliable grid, and we’re glad to bring our AI powered VPP software and our deep residential customer expertise to Connecticut.”
Through this agreement, Connecticut Green Bank and GoodLeap will partner in ongoing collaboration on performance metrics, grid integration, and community impact reporting.

The Energy Storage Solutions program is overseen by the Public Utilities Regulatory Authority, is paid for by electric ratepayers, and is administered by the Connecticut Green Bank, Eversource, and UI. For more information on the Energy Storage Solutions program, visit https://energystoragect.com.

 

About GoodLeap

GoodLeap is a technology company delivering best-in-class financing and software products for sustainable solutions, from solar panels and batteries to energy-efficient HVAC, heat pumps, roofing, windows, and more. Over 1 million homeowners have benefited from our simple, fast, and frictionless technology that makes the adoption of these products more affordable, accessible, and easier to understand. Thousands of professionals deploying home efficiency and solar solutions rely on GoodLeap’s proprietary, AI-powered applications and developer tools to drive more transparent customer communication, deeper business intelligence, and streamlined payment and operations. Our platform has led to more than $30 billion in financing for sustainable solutions since 2018. GoodLeap is also proud to support our award-winning nonprofit, GivePower, which is building and deploying life-saving water and clean electricity systems, changing the lives of more than 2 million people across Africa, Asia, and South America. To learn more about GoodLeap, visit, follow and connect with us at goodleap.com.

Citizens Continue to Drive Strong Investment in Green Liberty Notes Supporting Small Business Energy Efficiency

Eleven consecutive raises have reached the maximum raise amount, more than $3.6 million has been raised cumulatively from investors in Connecticut and across the country 

 

Hartford, CT (July 3, 2025) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, successfully closed the thirteenth Green Liberty offering, reaching its maximum raise amount for the eleventh consecutive time. This offering had the highest number of total investors, continuing the trend of strong engagement from previous investors while attracting new investors to participate in the $350,000 raise.  In total, more than $3.6 million has been raised from Connecticut citizens and nationwide investors in support of small businesses improving their energy efficiency and reducing their energy costs.    

Green Liberty Notes, which are offered quarterly, can be purchased with a minimum investment of just $100. The Notes are offered through Green Bank’s partnership with Honeycomb Credit using their online crowdfunding website. To date, more than 60% of original investments have been $1,000 or less, and more than half of the investors have been Connecticut residents. In total, individuals from 43 states have invested in 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 designated a Green Bond by Kestrel, a leading provider of external reviews for green, social and sustainability bond transactions and a Climate Bonds Initiative Approved Verifier. 

To sign up to receive email notifications about these quarterly offerings, please visit  https://www.ctgreenbank.com/greenlibertynotes-signup/ 

 

 ### 

Clean Energy Industry Contributes More Than $7 Billion to State’s Gross Regional Product as Employment Growth Continues

Nearly 46,000 workers across 4,500 companies propel Connecticut’s clean economy, according to the state’s fifth Clean Energy Industry Report from the Joint Committee of the Energy Efficiency Board and the Connecticut Green Bank Board of Directors

Hartford, CT (May 20, 2025) – Connecticut’s clean energy industry in 2023 contributed more than $7.01 billion to the state’s Gross Regional Product (GRP) while jobs in this sector grew by 3.9 percent. This job growth accounted for 7.5 percent of Connecticut’s total statewide employment growth between 2022 and 2023, significantly outpacing the state’s overall employment growth, according to the recently released 2024 Connecticut Clean Energy Industry Report. The sector has nearly surpassed 46,000 workers, climbing above pre-Covid-19 employment levels, and the state has more than 4,500 companies working in the clean energy sector. The energy efficiency subsector remains the largest technology sector in the state’s clean energy industry and was the primary driver of job growth.

This is the fifth industry study produced by the Connecticut Green Bank, Department of Energy and Environmental Protection, Eversource, and United Illuminating, Southern Connecticut Gas and Connecticut Natural Gas, subsidiaries of Avangrid Inc., operating through the Joint Committee of the Energy Efficiency Board (EEB).

“The clean energy industry continues to grow its impact in our state, adding well-paying jobs and bolstering the state’s economy. While the numbers are important, we must also mention the value that these workers and companies provide to our families, businesses, and communities, especially those in the energy efficiency subsector who are helping people save money and reduce the energy cost burden,” said Brenda Watson, Executive Director at the North Hartford Partnership and Chair of Connecticut Green Bank and Energy Efficiency Board joint subcommittee. “Despite positive trends in employment growth, challenges remain in filling skilled labor positions and bringing females and historically marginalized groups into the clean energy sector. As advocates, we need to prioritize these areas of potential growth and continue to support programs that sustain this demand for workers.”

This analysis from BW Research shows employment divided into five major technology sectors, their component sub-technologies, and industry or value chain segment. The five sectors are: energy efficiency; clean energy generation; alternative transportation; clean grid and storage; and clean fuels. All employment data presented is based on the 2024 United States Energy and Employment Report (USEER).

Some other key findings include:

  • Clean energy job growth in Connecticut since last year’s Clean Energy Industry Report was the strongest it has been since 2015.
  • Connecticut’s clean energy employment growth outpaced that of other Northeastern states between 2022 and 2023.
  • Connecticut’s clean energy industry expanded across all technology sectors from 2022 to 2023, and the fastest-growing sectors – Alternative Transportation (16.3 percent), Clean Grid and Storage (7.6 percent), and Clean Energy Generation (7.1 percent) – outpaced national growth rates.
  • Between 2022 and 2023, clean energy employment grew across all value chain segments in Connecticut, with the largest job gains in Construction, Other Services, and Professional and Business Services.
  • The clean energy economy accounted for 2.4 percent, or $7.01 billion, of Connecticut’s GRP in 2023. This is a 3.1 percent increase from 2022, which is a similar increase to the prior year (3.2 percent).
  • As of 2023, more than 4,500 clean energy companies, firms, and establishments exist within Connecticut.

To access the full report, please visit the Green Bank’s societal impact page or download directly. A webinar to discuss the findings will be held on Friday, May 30 at 1 pm. To register please visit https://attendee.gotowebinar.com/register/1955387319245862234.

About the Joint Committee

Pursuant to Section 16-245m(d)(2) of the Connecticut General Statutes, the Joint Committee shall examine opportunities to coordinate programs and activities contained in the plan developed under Section 16-245n(c) (i.e., Comprehensive Plan of the Green Bank) with the programs and activities contained in the plan developed under Section 16-245m(d)(1) (i.e., Conservation and Load Management Plan), and to provide financing to increase the benefits of programs funded by the plan developed under Section 16-245m(d)(1) so as to reduce the long-term cost, environmental impacts, and security risks of energy in the state.

To support the Joint Committee, the following is a principal statement to guide its activities: The Energy Efficiency Board and the Connecticut Green Bank have a shared goal to implement state energy policy throughout all sectors and populations of Connecticut with continuous innovation towards greater leveraging of ratepayer funds and a uniformly positive customer experience.

Governor Lamont Announces Several Connecticut Correctional Facilities Now Operating on Solar Energy, Creating Cost Savings While Reducing Emissions

(HARTFORD, CT – April 14, 2025) – Governor Ned Lamont today announced that seven solar energy systems have been installed and are now operating at six of Connecticut’s correctional facilities in a suite of projects that will generate millions in cost savings while delivering clean, renewable energy to the facilities.

Because correctional facilities operate nonstop 365 days a year, they are among the largest consumers of energy of all state-owned facilities.

“Installing solar energy systems at correctional facilities is a way that we can deliver cost savings in the operations of state government while also reducing our carbon footprint,” Governor Lamont said. “Correctional facilities provide a necessary public safety service for our communities, and their around-the-clock operations require a significant amount of energy to function. I am glad that we could get these projects completed and that our correctional facilities can begin taking advantage of the benefits of solar energy.”

The seven systems will collectively deliver 8.3 megawatts of clean, renewable energy to the correctional facilities, saving the state more than $11 million in energy costs over the lifetime of the panels and reducing carbon emissions by the equivalent of approximately 5,000 metric tons annually.

The projects are a collaboration between the Connecticut Department of Correction (DOC) and the Connecticut Department of Administrative Services (DAS), along with the Connecticut Green Bank and TotalEnergies, a global integrated energy company. They were financed by the Connecticut Green Bank in partnership with TotalEnergies. The company will own, operate, and maintain the systems through a power purchase agreement executed by DAS.

 

“With our 13 facilities operating on an around the clock basis 365 days a year, we are always looking for ways to reduce our energy costs,” DOC Commissioner Angel Quiros said. “The fact that we can do so by utilizing a clean energy source is an added bonus.”

“These seven projects are a win-win for the state,” DAS Commissioner Michelle Gilman said. “They will reduce our carbon footprint and save significant money for taxpayers. This has been a collaborative effort, and we look forward to building on this progress with other state agencies in the years to come.”

“Solar projects of this size and scope have significant benefits, and take time and coordination to complete, which makes it necessary to gather an excellent team of state and private capital partners,” Bryan Garcia, president and CEO of the Connecticut Green Bank, said. “Thanks to the attention and collaboration of everyone involved, the Green Bank was able to use our Solar MAP process to streamline each step of going solar, from design to contracting to financing and energization. Building on this success, we will continue to work together to finalize more projects in our pipeline and help the state meet our climate goals while reducing energy costs.”

“The successful completion of the DOC’s seven solar installations demonstrates large-scale, distributed clean energy is both feasible and reliable,” Eric Potts, vice president of TotalEnergies Renewables USA, said. “These projects provide significant cost savings for the DOC while directly contributing to the state’s 2040 zero-carbon electricity target. TotalEnergies is proud to once again play a vital role in the public sector initiatives that drive sustainable outcomes.”

The correctional facilities utilizing these solar energy systems include:

  • Cheshire Correctional Institution, Cheshire (2.4 megawatts)
  • Enfield Correctional Institution, Enfield (181 kilowatts)
  • Manson Youth Institution, Cheshire (2.2. megawatts)
  • Osborn Correctional Institution, Somers (2.2 megawatts)
  • Robinson Correctional Institution A, Enfield (83 kilowatts)
  • Robinson Correctional Institution B, Enfield (167 kilowatts)
  • Willard Correctional Institution, Enfield (1 megawatt)

Green Liberty Investment Offerings Continue to Exceed Maximum Raise Amount Thanks to Citizen Demand 

Ten consecutive raises have exceeded their maximums, more than $3.3 million has been raised cumulatively from investors in Connecticut and across the country 

 

Hartford, CT (March 24, 2025) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, successfully closed the twelfth Green Liberty offering, surpassing its maximum raise amount for the tenth consecutive time. More than 90 investments were received in original increments of $1,000 or less, a new record. To allow for more investors to participate in this innovative and certified green investment opportunity, this was the sixth offering that featured a maximum raise limit of $350,000.  In total, more than $3.3 million has been raised from Connecticut citizens and nationwide investors in support of small businesses improving their energy efficiency and reducing their energy costs. This was the first issuance offered through the Green Bank’s partnership with Honeycomb Credit using their online crowdfunding website.    

Green Liberty Notes, which are offered quarterly, can be purchased with a minimum investment of just $100. To date, more than 60% of original investments have been $1,000 or less, and more than half of the investors have been Connecticut residents. In total, individuals from 43 states have invested in 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. The Connecticut Green Bank and Amalgamated Bank (America’s largest B Corp bank) recently celebrated the purchase of more than $100M of SBEA loans, driving environmental benefits and economic growth in local restaurants, town halls, community organizations, and more. 

As a result of the climate benefits associated with the SBEA program, this Green Liberty offering has been reviewed and designated a Green Bond by Kestrel, a leading provider of external reviews for green, social and sustainability bond transactions and a Climate Bonds Initiative Approved Verifier. 

“The overwhelming success of these Notes is a testament to the desire of investors to support the green economy while earning a secure, competitive return on their investment. We are excited to see more people from Connecticut and investors from more than 40 states across the country getting involved in these offerings,” said Bert Hunter, EVP and Chief Investment Officer of the Connecticut Green Bank. “In addition to these quarterly offerings, we are looking into other opportunities to help engage and support our communities and to make available to our investors.”  

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