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Hartford, MA

Funding energy efficiency projects to support Connecticut’s green economy and combat climate change.

• First state-level green bank: Pioneering green finance in the U.S.
• Proceeds dedicated to energy efficiency: Supporting small businesses and public entities.
• Track record: 12 successful crowdfunding offerings with full repayment.
• Community impact: Funds projects benefiting vulnerable and diverse communities.
• Low-risk green bond alternative: Designed to compete with traditional savings options.

Connecticut Green Bank is raising funds through the Green Liberty Notes program to accelerate investment into Connecticut’s green economy by supporting energy efficiency projects. This offering allows investors to contribute capital that will be used exclusively to finance the Small Business Energy Advantage (SBEA) program, which helps non-profit, small business, municipal, and state customers reduce energy costs through energy-saving upgrades in their facilities. The program aims to increase the flow of private capital into sustainable markets, thereby benefiting communities and addressing climate change challenges.

The proceeds will be used for debt service and to purchase participation interests in loan tranches supporting energy efficiency initiatives. The Green Liberty Notes provide a designated green bond alternative to traditional low-yield investments, fostering inclusive access to the green economy and enabling the organization to pursue financial sustainability while advancing market transformation. With a history of successful crowdfunding issuances and significant capital mobilization into clean energy projects, the Connecticut Green Bank is positioned to continue its impact locally and contribute to global environmental goals.

Company Info

Connecticut Green Bank funds energy efficiency projects through green bonds that mobilize private capital to support sustainable development and community resilience.

Connecticut Green Bank is the first state-level green bank in the United States, focused on accelerating investment into the green economy by increasing private capital flow into clean energy markets. Established in 2021 under its subsidiary CGB Green Liberty Notes LLC, the organization funds energy efficiency projects aimed at reducing costs and upgrading infrastructure for small businesses, non-profits, municipal, and state customers. Its efforts help strengthen communities and combat climate change while ensuring that the benefits of green investments are inclusive and accessible to diverse populations.

The bank’s Green Liberty Notes program offers everyday investors a chance to participate in financing sustainable energy upgrades through designated green bonds. These funds are allocated primarily to debt service and participation interest in loan tranches that support energy efficiency programs across Connecticut. With a history of successful crowdfunding offerings and partnerships with local businesses, the bank continues to promote financial sustainability and market transformation in green investing. It maintains an allocation policy prioritizing reinvestors and smaller investors, aiming for broad community participation in advancing a cleaner, more efficient energy future.