On the back of the Connecticut Green Bank’s 16th Green Liberty Notes offering going live on Honeycomb Credit’s platform, both organizations announce a new agreement that increases future opportunities for participation in the green economy by residents.

HARTFORD, Conn. (April 14, 2024) – The Connecticut Green Bank, the nation’s first state-level green bank, and Honeycomb Credit, the nation’s leading debt-based crowdfunding platform, today announced a new agreement that continues their successful partnership and opens the door for future expansion that will allow more Connecticut residents to participate in the green economy. The announcement comes as the Green Bank’s sixteenth Green Liberty Note offering opens in celebration of Earth Month, allowing investors to support a series of offerings that has already raised more than $3 million for Connecticut’s green economy. More than half of all investors have been Connecticut residents, and more than 60% of investments have been $1,000 or less.

“The Connecticut Green Bank has always believed that confronting climate change requires public participation,” said Bryan Garcia, President and CEO, Connecticut Green Bank. “This agreement strengthens our ability to mobilize investment from Connecticut’s residents directly into projects that benefit our communities, including reducing energy costs and creating jobs. We’re not just building a greener Connecticut – we’re building a coalition of climate investors at the local level to help get us there.”

A Foundation Fifteen Raises in the Making

The announcement builds on one of the most successful community investment programs in the country and demonstrates that everyday investors – not just institutional ones – will show up for climate. To date, the Green Liberty Notes offerings have all supported Eversource’s Small Business Energy Advantage (SBEA) program, which enables the state’s small businesses to reduce their energy costs through efficiency upgrades and zero-interest on bill financing. SBEA offers a no-cost, no-obligation energy assessment to small businesses, providing a one-stop service that combines easy access to energy efficiency measures as well as incentives and payment plans.

Now, given the infrastructure, investor community, and institutional trust built across 15 successful raises, the Green Bank and Honeycomb Credit are making plans to go further by funding specific projects in Connecticut communities with more direct support from the residents those projects will serve.

“Honeycomb was built on the idea that communities should have a stake in what gets built around them,” said Jackie Logan, Director of Climate Finance at Honeycomb Credit. “Our partnership with the Connecticut Green Bank has proven that model works at scale. This agreement is about taking it further – connecting more Connecticut residents to more climate projects, and turning individual investors into a real force for the green economy.”

Projects on the Horizon

The new agreement opens the door to a range of project-specific investment opportunities currently under exploration, including distributed solar projects, electrification of school buses, and other clean energy and environmental infrastructure initiatives. Connecticut residents, and individuals all over the U.S. will be able to invest starting at $100, completing the process in minutes on desktop or mobile.

The Connecticut Green Bank is emerging as a nexus for community climate investment – a platform where residents, foundations, and institutions can come together around a shared stake in Connecticut’s green future. Together, the two organizations are building what they believe can become a model coalition of climate project investors: one community, one offering, one project at a time.

Green Liberty Notes Round 16 Now Available

While working toward these specific project raises, the Green Bank will continue to offer quarterly Green Liberty Notes through the Honeycomb Credit platform. A Note celebrating Earth Month is now open, and as with the prior raises, investors can participate with as little as $100. To learn more, please visit www.greenlibertynotes.com.

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/

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.”