Connecticut Green Bank has launched its 3rd Green Liberty Notes on its FINRA-regulated funding portal Raise Green. Previously, two other offerings have been successfully funded.
The one-year debt note aims to raise up to $250,000 from individual investors with a minimum of $100 holding a 2.5% coupon. The offering which launched last week, has raised $67,000 so far and closes on August 5th.
Bryan Garcia, President and CEO of the Green Bank, commented on the securities offering:
“With two successful offerings already this year, we continue to see strong interest in this investment opportunity. The low investment minimum is designed to encourage people to get involved. We know that inflation and other economic concerns are weighing on folks across the country, however, many still want to help make a difference and combat climate change. Our offerings allow people to know their investment aligns with their values while earning a competitive return.”
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, described as the country’s first green bank, has helped to raise over $2.1 billion of investment into Connecticut’s clean energy economy.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!