From left to right: CTECS Executive Director Dr. Alice Pritchard; State Representative Jason Doucette; Dennis Schain, Town of Manchester; State Representative Geoff Luxenberg; DAS Commissioner Michelle Gilman; Verogy CEO Will Herchel; Connecticut Green Bank President and CEO Bryan Garcia; Howell Cheney Technical High School Principal David Batch
Seven projects to provide 4.6 megawatts of clean energy and nearly $6 million in lifetime energy cost savings
MANCHESTER, Conn. (October 29, 2025) – The Connecticut Technical Education and Career System (CTECS) and Connecticut Department of Administrative Services (DAS), along with partners the Connecticut Green Bank (Green Bank) and Verogy, today announced the start of construction of seven solar energy projects at technical high schools across the state.
When completed, the seven solar energy projects, including rooftop and carport installations, will collectively deliver 4.6 megawatts of clean, renewable energy to the schools. Additionally, CTECS will save nearly $6 million in energy costs over the lifetime of the panels while reducing carbon emissions by the equivalent of approximately 2,290 metric tons annually.
The projects will also incorporate a workforce development component, offering both classroom and on-site learning opportunities for students at each school where projects are underway.
CTECS Executive Director Dr. Alice Pritchard, DAS Commissioner Michelle Gilman, Connecticut Green Bank President and CEO Bryan Garcia, and Verogy CEO Will Herchel were joined by state and local officials and other project partners at a ceremonial groundbreaking event for a 756.8-kilowatt (kW) carport system serving Howell Cheney Technical High School in Manchester, one of the schools benefiting from solar.
“This solar project represents so much more than an investment in clean energy, it’s also an investment in our students by giving them exposure to technologies that are shaping the future of their industries,” said CTECS Executive Director Dr. Alice Pritchard. “At the same time, the energy savings generated by these systems allow us to redirect operational funds into other programmatic areas. It’s a model for how collaborative projects can advance our educational mission while supporting Connecticut’s energy goals.”
“This initiative is a great example of how Connecticut is leading the way in clean energy innovation and workforce development,” said DAS Commissioner Michelle Gilman. “By investing in solar power at our technical high schools, we’re not only reducing our carbon footprint — we’re also preparing the next generation of skilled workers, trained at these technical high schools, to thrive in a green economy.”
“We are incredibly honored to play a supporting role and invest in these projects alongside our partners at CTECS, DAS, and Verogy,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “Through our Solar Marketplace Assistance Program Plus (Solar MAP+), we help state agencies, municipalities, school districts, and affordable housing providers install solar and storage, making the benefits of these technologies more affordable and accessible through our no cost technical and financial assistance.”
“As a graduate of Wilcox Tech’s Electrical Program, I know how valuable hands-on technical education can be,” said Torre Babich, Project Manager at Verogy and a Wolcott native. “I started my journey in the electrical trade right here in Connecticut, earning my diploma and completing 2,000 hours of classroom training. Having supported the launch of the engineering phase of the CTECS solar projects, it’s incredibly rewarding to see them move forward, bringing clean energy to schools while offering students the same kind of real-world experience that launched my own career.”
In addition to the carport system serving Howell Cheney Technical High School, the other schools benefiting from the new solar energy systems include:
• W.F. Kaynor Technical High School (Waterbury) – 448.8 kW rooftop system
• A.I. Prince Technical High School (Hartford) – 170.5 kW rooftop system
• Eli Whitney Technical High School (Hamden) – 756.8 kW rooftop and carport systems
• Emmett O’Brien Technical High School (Ansonia) – 897.6 kW rooftop and carport systems
• Henry Abbott Technical High School (Danbury) – 616 kW carport system
• H.H. Ellis Technical High School (Danielson) – 959.2 kW roof and carport system
About the Connecticut Technical Education and Career System
Through exemplary trade and academic programming, the Connecticut Technical Education and Career System (CTECS) prepares high school students and adult learners to meet the skilled workforce needs of Connecticut employers. CTECS operates 17 diploma-granting technical high schools, one technical education center for grades 11 and 12 and adult learners, and two aviation maintenance technician training programs. CTECS serves approximately 11,500 full-time high school students in over 30 Career and Technical Education (CTE) programs. In addition, over 3,000 adult learners take part in day courses, and evening apprenticeship and extension courses. All CTECS academic and CTE curriculum are designed with relevant, 21st-century employability skills required by business and industry.
About the Connecticut Department of Administrative ServicesThe Connecticut Department of Administrative Services (DAS) provides timely and cost-effective services to state agencies, state employees, municipalities, private industry, and the public. DAS offers a diverse array of programs, encompassing statewide human resources, information technology, fleet vehicle services, building and construction, procurement, grants administration, and beyond.
About Verogy
West Hartford, Connecticut-based Verogy is a leading solar developer with unmatched experience advancing customized commercial, industrial, and utility-scale renewable energy projects. With a diversified portfolio of cutting-edge renewable energy projects and a robust, growing pipeline, Verogy is actively delivering solutions across more than 20 states. Since its founding, Verogy has supported projects in the production of over 200,000 MWH of renewable energy. From project financing to design and construction, Verogy delivers renewable energy solutions that help communities, businesses, and institutions achieve their sustainability goals. Learn more at https://www.verogy.com.
The City of Stamford Receives $250,000 Grant to Develop a Pipeline of Clean Energy and Climate Resilience Projects
/in Community Solutions, NewsThe Municipal Investment Fund market building grant provides the City of Stamford with resources to identify a pipeline of clean energy and climate resilience projects that aim to create jobs, reduce energy prices, and help Stamford advance its climate and energy goals control of its climate and energy future.
Stamford, CT (Nov. 11, 2025) – The City of Stamford is proud to announce that our community has received a $250,000 market building grant through the Municipal Investment Fund, to develop a public-private partnership plan to develop an innovative pipeline of projects across zero-emission transportation projects, zero-emission buildings, distributed clean energy generation and storage opportunities, and climate resilience.
The grant was made possible by the CGC and ICLEI USA. Stamford was selected along with 49 other communities out of 114 across 48 states, the District of Columbia, Puerto Rico, and tribal nations that applied.
“This grant from the Municipal Investment Fund will accelerate Stamford’s clean energy innovation and equitable economic growth. By working with our partners at the Connecticut Green Bank, we are ensuring that the transition to a cleaner economy benefits every neighborhood—from reducing energy costs to creating good local jobs,” said Caroline Simmons, Mayor of Stamford.
In partnership with the Connecticut Green Bank, Stamford will use public-private partnerships to create a cost-effective strategy that advances a pipeline of affordable clean energy projects and future economic developments to meet the needs of the community.
“The Municipal Investment Fund represents an important opportunity for Stamford and for Connecticut’s clean energy future. By fostering public-private partnerships, we’re investing in communities most impacted by energy affordability and climate resiliency. The Connecticut Green Bank is proud to support Stamford in building a vibrant, equitable clean energy market that creates jobs, lowers energy costs, and improves quality of life for all,” said Bryan Garcia, President and CEO, Connecticut Green Bank.
The City of Stamford, in partnership with the Connecticut Green Bank, has released a Request for Information, seeking project ideas across clean energy, building decarbonization, zero-emissions transportation, and climate resilience projects. Responses are due by December 2, 2025, but will remain open through January 15, 2026. Developers, contractors, financiers, institutions, and community-based organizations are encouraged to apply.
“This funding is about unlocking local leadership and moving forward the kinds of projects that communities have been ready to deliver for years,” said Saharnaz Mirzazad, Executive Director of ICLEI USA. “These awards show how public-private partnerships can lead to real progress on energy, infrastructure, and economic resilience. These projects make communities safer, lower energy costs and meet local needs head-on.”
Learn more and submit RFI responses here.
September 2025 Newsletter
/in Newsletters, NewslettersGreen Bank launches their second green liberty offering, announces enhancements to c-pace, annual awards, and more
Preston Public Schools and CTECS Make Progress Towards Electrifying School Bus Fleets
/in Community Solutions, Investment Solutions, NewsConnecticut Green Bank program provides school bus fleet electrification planning and deployment assistance to school districts in Connecticut.
Hartford, CT (November 3, 2025) — The Connecticut Green Bank is pleased to announce that Preston Public Schools and the Connecticut Technical Education and Career System (CTECS) have joined the Fleet Electrification Accelerator Fall Cohort, a program designed to help school districts plan for school bus electrification through expert guidance, planning tools, and peer collaboration.
The Fleet Electrification Accelerator, launched in 2025, provides participating organizations with tailored technical assistance, access to planning resources, and support in identifying funding opportunities for school bus electrification. The program is designed to help districts overcome common barriers to electric bus adoption, such as infrastructure planning, vehicle procurement, and cost analysis.
“The Green Bank is proud of the electric school bus investments we have made in 2025 through the Fleet Electrification Accelerator, which will help communities strive towards a cleaner future,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “The participation of Preston Public Schools and CTECS reflects a growing commitment among Connecticut’s educational institutions to reduce emissions and deliver public health benefits through improved air quality while continuing to focus on the safe, reliable transportation of their students to and from school.”
Through the Accelerator, Preston Public Schools and CTECS will receive:
“The Department is proud to partner with the Green Bank to reduce emissions from the transportation sector, the largest source of air pollution in the state, because improving air quality isn’t just an environmental goal-it’s a public health priority,” said DEEP Commissioner Katie Dykes. “These investments will help reduce exposure to harmful emissions for everyone who rides on these buses. The Fleet Electrification Accelerator combined with DEEP’s Clean School bus funding program, which leverages bond funding to support the deployment of clean school buses, are critical to helping communities make the transition to cleaner transportation options. The Department looks forward to continued work on this effort with CTECS and other transportation providers.”
The inclusion of CTECS is particularly notable, as the system serves over 11,000 students across 17 technical high schools and one technical education center. Electrifying its fleet will not only reduce environmental impacts but also provide learning opportunities for students in automotive, electrical, and sustainability-focused programs.
“Fleet electrification is a key goal for CTECS, not only in support of the State’s environmental priorities, but also as a more cost-effective, long-term solution for the district’s operational needs,” said CTECS Executive Director Dr. Alice Pritchard. “The partnership between the Connecticut Green Bank and CALSTART will be instrumental in advancing this project and introducing students to emerging technologies.”
“Preston Public Schools is one of approximately 10 school districts that owns and operates its fleet of school buses,” said Roy Seitsinger, Preston’s Superintendent of Schools. “The initial assessment shows the location of our transportation department to be the third best location statewide to provide the necessary power for electrifying our future fleet needs. We are proud to be one of the first school districts to partner with Connecticut Green Bank.”
The Fleet Electrification Accelerator recruitment for the Spring 2026 cohort is underway. This program is supported by CALSTART, as the selected contractor to guide the fleet electrification planning process. Whether a school district owns and operates their own fleet, or has a contract with a bus operator, Connecticut Green Bank and CALSTART will work with key stakeholders to tailor a specific plan for each district.
“Connecticut Green Bank is thrilled to be partnering with Preston Public Schools and CTECS for our first Fleet Electrification Accelerator cohort,” said Kevin Moss, Senior Manager of Clean Transportation, Connecticut Green Bank. “The Fleet Electrification Accelerator will help school districts and school bus operators across Connecticut access the planning and technical resources they need to pursue well-designed and cost-effective school bus electrification projects.”
School districts interested in joining future cohorts can learn more and contact Connecticut Green Bank at https://www.ctgreenbank.com/fleet-electrification-accelerator.
Connecticut Technical Education and Career System Breaks Ground on Seven Solar Energy Projects Across the State
/in Building Solutions, Community Solutions, NewsFrom left to right: CTECS Executive Director Dr. Alice Pritchard; State Representative Jason Doucette; Dennis Schain, Town of Manchester; State Representative Geoff Luxenberg; DAS Commissioner Michelle Gilman; Verogy CEO Will Herchel; Connecticut Green Bank President and CEO Bryan Garcia; Howell Cheney Technical High School Principal David Batch
Seven projects to provide 4.6 megawatts of clean energy and nearly $6 million in lifetime energy cost savings
MANCHESTER, Conn. (October 29, 2025) – The Connecticut Technical Education and Career System (CTECS) and Connecticut Department of Administrative Services (DAS), along with partners the Connecticut Green Bank (Green Bank) and Verogy, today announced the start of construction of seven solar energy projects at technical high schools across the state.
When completed, the seven solar energy projects, including rooftop and carport installations, will collectively deliver 4.6 megawatts of clean, renewable energy to the schools. Additionally, CTECS will save nearly $6 million in energy costs over the lifetime of the panels while reducing carbon emissions by the equivalent of approximately 2,290 metric tons annually.
The projects will also incorporate a workforce development component, offering both classroom and on-site learning opportunities for students at each school where projects are underway.
CTECS Executive Director Dr. Alice Pritchard, DAS Commissioner Michelle Gilman, Connecticut Green Bank President and CEO Bryan Garcia, and Verogy CEO Will Herchel were joined by state and local officials and other project partners at a ceremonial groundbreaking event for a 756.8-kilowatt (kW) carport system serving Howell Cheney Technical High School in Manchester, one of the schools benefiting from solar.
“This solar project represents so much more than an investment in clean energy, it’s also an investment in our students by giving them exposure to technologies that are shaping the future of their industries,” said CTECS Executive Director Dr. Alice Pritchard. “At the same time, the energy savings generated by these systems allow us to redirect operational funds into other programmatic areas. It’s a model for how collaborative projects can advance our educational mission while supporting Connecticut’s energy goals.”
“This initiative is a great example of how Connecticut is leading the way in clean energy innovation and workforce development,” said DAS Commissioner Michelle Gilman. “By investing in solar power at our technical high schools, we’re not only reducing our carbon footprint — we’re also preparing the next generation of skilled workers, trained at these technical high schools, to thrive in a green economy.”
“We are incredibly honored to play a supporting role and invest in these projects alongside our partners at CTECS, DAS, and Verogy,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “Through our Solar Marketplace Assistance Program Plus (Solar MAP+), we help state agencies, municipalities, school districts, and affordable housing providers install solar and storage, making the benefits of these technologies more affordable and accessible through our no cost technical and financial assistance.”
“As a graduate of Wilcox Tech’s Electrical Program, I know how valuable hands-on technical education can be,” said Torre Babich, Project Manager at Verogy and a Wolcott native. “I started my journey in the electrical trade right here in Connecticut, earning my diploma and completing 2,000 hours of classroom training. Having supported the launch of the engineering phase of the CTECS solar projects, it’s incredibly rewarding to see them move forward, bringing clean energy to schools while offering students the same kind of real-world experience that launched my own career.”
In addition to the carport system serving Howell Cheney Technical High School, the other schools benefiting from the new solar energy systems include:
• W.F. Kaynor Technical High School (Waterbury) – 448.8 kW rooftop system
• A.I. Prince Technical High School (Hartford) – 170.5 kW rooftop system
• Eli Whitney Technical High School (Hamden) – 756.8 kW rooftop and carport systems
• Emmett O’Brien Technical High School (Ansonia) – 897.6 kW rooftop and carport systems
• Henry Abbott Technical High School (Danbury) – 616 kW carport system
• H.H. Ellis Technical High School (Danielson) – 959.2 kW roof and carport system
About the Connecticut Technical Education and Career System
Through exemplary trade and academic programming, the Connecticut Technical Education and Career System (CTECS) prepares high school students and adult learners to meet the skilled workforce needs of Connecticut employers. CTECS operates 17 diploma-granting technical high schools, one technical education center for grades 11 and 12 and adult learners, and two aviation maintenance technician training programs. CTECS serves approximately 11,500 full-time high school students in over 30 Career and Technical Education (CTE) programs. In addition, over 3,000 adult learners take part in day courses, and evening apprenticeship and extension courses. All CTECS academic and CTE curriculum are designed with relevant, 21st-century employability skills required by business and industry.
About the Connecticut Department of Administrative ServicesThe Connecticut Department of Administrative Services (DAS) provides timely and cost-effective services to state agencies, state employees, municipalities, private industry, and the public. DAS offers a diverse array of programs, encompassing statewide human resources, information technology, fleet vehicle services, building and construction, procurement, grants administration, and beyond.
About Verogy
West Hartford, Connecticut-based Verogy is a leading solar developer with unmatched experience advancing customized commercial, industrial, and utility-scale renewable energy projects. With a diversified portfolio of cutting-edge renewable energy projects and a robust, growing pipeline, Verogy is actively delivering solutions across more than 20 states. Since its founding, Verogy has supported projects in the production of over 200,000 MWH of renewable energy. From project financing to design and construction, Verogy delivers renewable energy solutions that help communities, businesses, and institutions achieve their sustainability goals. Learn more at https://www.verogy.com.
Citizens Have Invested More than $4 Million In Green Liberty Notes Supporting Small Business Energy Efficiency
/in Investment Solutions, NewsThrough 14 offerings, including 12 consecutive sell outs, investors in Connecticut and across the country continue to show strong desire to support the clean economy
Hartford, CT (October 28, 2025) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, successfully closed the fourteenth Green Liberty offering, reaching its maximum raise amount for the twelfth consecutive time. This offering saw demand significantly surpass the $350,000 maximum. In total, more than $4 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/
Smart-E Loan Special Offer Reduces Interest Rate for Residential Heat Pump Installations
/in Home Solutions, News, Smart-EConnecticut Green Bank’s loan program provides a special 0.99% rate for up to 10 years
Hartford, CT (October 28, 2025) – The Connecticut Green Bank, in partnership with Energize CT, participating local banks and credit unions, and contractors, is offering a limited time reduced interest rate on its Smart-E loan program for residential heat pump technologies, which includes air source heat pumps, ducted or ductless mini splits, geothermal heat pumps, and heat pump water heaters. Homeowners can take advantage of a 0.99% rate for loan terms of 5, 7 or 10 years.
The Smart-E loan provides financing up to $50,000 for 1-to-4-unit owner-occupied residential homes and condominiums (with individual electricity meters) in Connecticut. To receive this special rate, homeowners must be an Eversource or Avangrid customer (electricity or gas) and the project must have been approved for an EnergizeCT heat pump rebate.
“Nearly 10,000 homeowners in Connecticut have used Smart-E to reduce their energy costs, improve energy efficiency, or increase their home’s comfort,” said Bert Hunter, Chief Investment Officer at the Connecticut Green Bank. “We are grateful to our utility company partners for this opportunity to offer a great rate on these technologies.”
In addition to heating and cooling projects, the Smart-E loan can be used to finance more than 90 different home improvements related to energy efficiency, renewable energy, and resilience. This includes solar, insulation, windows, wells, septic, and health and safety upgrades.
For more information, including lists of participating contractors and lenders, please visit ctgreenbank.com/smart-e-heat-pump-special/
Branford First Selectman James B. Cosgrove Appointed to Connecticut Green Bank Board of Directors
/in NewsCosgrove brings extensive background in project management, budgeting, and leadership to the Board
Hartford, CT – (October 16, 2025) – The Connecticut Green Bank proudly announces the recent appointment of Branford First Selectman James B. Cosgrove to its Board of Directors by House Republican Leader Vincent Candelora.
“Jamie has provided strong leadership and fiscal management to Branford as First Selectman by drawing on his business background, and that experience is a great addition to the Green Bank’s Board,” said Rep. Candelora.
Cosgrove has served as First Selectman since 2013, after previously serving on the town’s Board of Selectmen (2011-2013) and Representative Town Meeting (2009-2011). Cosgrove has significant experience in project management, budgeting, contracting, and negotiating from his career in the construction industry.
“We thank House Republican Leader Candelora for his appointment of Jamie Cosgrove to our Board,” said Green Bank Board Chairwoman Lonnie Reed. “His valuable talents include hands-on experience addressing the countless challenges often encountered by municipalities as they pursue, adopt, and administer clean energy objectives and environmental infrastructure projects.”
Under Cosgrove’s leadership in Branford, the town has developed policies and programs that protect the environment and build a more sustainable and resilient community. Cosgrove supported the town’s draft energy plan, created by the Clean Energy Ad Hoc Committee to guide the town toward greater energy efficiency and sustainability. In 2020, the town established an office of Sustainability and Compliance to coordinate and lead the town’s ambitious energy efficiency goals, improve environmental quality and enhance the overall well-being of the town. In 2024, two elementary schools added solar panels which are projected to save the town more than $200,000 over 20 years. Other projects completed by the town include the installation of solar panels at the Transfer Station, Branford High School and Fire Headquarters, also site to a geothermal energy project; a 4.3 solar farm located at Tabor Drive; several lighting efficiency projects; acquisition of EV fleet vehicles and the installation of EV chargers on town owned properties. In addition, the town has entered into two significant net metering agreements to supply energy credits to eight town owned facilities.
For more information about the Green Bank’s governance, please visit https://www.ctgreenbank.com/about-us/governance/.
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Easterseals Capital Region & Eastern Connecticut Showcases Energy Cost Saving Projects in Partnership with the Connecticut Green Bank
/in Building Solutions, Community Solutions, NewsImprovements 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.
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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
/in Building Solutions, NewsCheshire 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
Connecticut Green Bank Announces 2025 Green Liberty Bond Issuance to Support State’s Green Economy
/in Investment Solutions, NewsBuilding upon sold-out issuances in 2020 and 2021, the Connecticut Green Bank’s lower-dollar denomination bond encourages individual and institutional investors to confront climate change
Hartford, CT (September 24, 2025) – The Connecticut Green Bank is proud to announce its 2025 Green Liberty Bond issuance, which is anticipated to be available to retail and institutional investors on September 29, 2025. Green Liberty Bonds are lower-dollar denomination bonds (offered in $1,000 increments), which reduces the barrier for investment by individuals. The bond proceeds will be independently certified as financing infrastructure projects with climate and environmental benefits that will help strengthen our state’s green economy and jobs.
This is the Green Bank’s third Green Liberty Bond release, building upon the success of the 2020 and 2021 issuances, which raised more than $40 million from retail and institutional investors in Connecticut and across the country. In those previous issuances, the supply of bonds could not meet the significant retail demand.
“We continue to make opportunities for direct investment into the green economy available to retail investors in Connecticut and nationwide with our proven Green Liberty investments,” said Bryan Garcia, President and CEO of the Connecticut Green Bank. “In 2020, we opened a new award-winning sub-category of green investment. Five years later, we are excited to bring this offering to market to support job growth and energy burden reduction for our state.”
Retail investors’ orders will be given first priority. Investors must have an account with one of the brokerage firms participating in the bond sale, or with another firm that can place an order through a brokerage firm participating in the bond sale. Interested retail investors who do not have a brokerage account should contact lead bond underwriter Ramirez & Co., Inc. to begin the process of opening a new account. Visit https://www.ctgreenbank.com/how-to-buy-green-liberty-bonds for their contact information.
“Working with many of the same great partners from our previous Green Liberty offerings, we are looking forward to bringing another opportunity to investors,” said Bert Hunter, Chief Investment Officer of the Green Bank.
The Preliminary Official Statement, notifications and bond information can be found at https://www.ctgreenbankbonds.com/connecticut-green-bank-ct/bonds/bond-offering/i6126?offeringId=87379.
About the Green Liberty Bonds
Modeled after the World War II Series-E bonds, which were purchased by more than 80 million Americans, Green Liberty Bonds are an opportunity for investors to take on the shared challenge of climate change and green infrastructure investment through the purchase of bonds. In November 2020, the Green Liberty Bond was honored by The Bond Buyer as the winner of Deal of the Year in the Innovative Financing category.
Like the previous issuances, these Green Liberty Bonds are expected to be labeled “Certified Climate Bonds” by the Climate Bonds Initiative, and compliance of the bond’s issuance with the Climate Bonds Standards will be verified by Kestrel Verifiers.
Disclaimer
This press release does not constitute a recommendation or an offer or solicitation for the purchase or sale of any security or other financial instrument, including the 2025 Green Liberty Bonds, or to adopt any investment strategy. Any offer or solicitation with respect to the 2025 Green Liberty Bonds will be made solely by means of the Preliminary Official Statement and Official Statement, which will describe the actual terms and conditions of the 2025 Green Liberty Bonds. The information provided is subject in all respects to the information presented in the complete Preliminary Official Statement prepared in connection with the issuance of Green Liberty Bonds. Any investment decisions regarding any of the Green Liberty Bonds should only be made after a careful review of the complete Preliminary Official Statement.
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