Connecticut Green Bank Subsidiary’s Sixth Investment Offering for Citizens Surpasses Its Maximum Raise 

With investments as low as $100, more and more citizens are helping combat climate change and supporting small business energy upgrades in Connecticut  

 

Hartford, CT (May 31, 2023) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, recently closed their sixth Green Liberty offering, which surpassed its maximum raise amount. This is the fourth consecutive offering to exceed the maximum. In total, more than $1.25 million has been raised from Connecticut citizens and nationwide investors in support of small businesses improving their energy efficiency and reducing their energy costs. The crowdfunding campaign is made possible in partnership with Raise Green, an award-winning online marketplace for impact investing.  

Green Liberty Notes, which are offered quarterly, can be purchased through an online platform without a broker, with a $100 minimum.  To date, 67% of investments have been $1,000 or less, with buyers from 35 states around the nation 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. 

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