CGB Green Liberty Notes LLC
Regulation Crowdfunding offering on Honeycomb Credit
$350,000
of $350,000 goal
100.0% funded
About the offering
Green Liberty Notes - 13th Offer accepts investment commitments over the $350,000 maximum funding goal. Final allocations will be based on the Allocation Policy detailed in the Deal Summary. First one-year, designated Green Bond, crowdfunded debt note CT Green Bank is the 1st state-level green bank in the United States. 12 successful crowdfunding offerings (100% repayment on matured issuances). All proceeds go directly to fund energy efficiency projects that strengthen communities & combat climate change. The Green Bank has mobilized $2.88 billion of investment into Connecticut's clean energy economy. The Green Bank has designed this offering as a low-risk investment, providing investors a Green Bond designated alternative to 1 year CDs, and consumer bank savings accounts that pay lower interest. *See Note in Deal Summary. 2024 recipient of the State Leadership Award (Clean Energy States Alliance). Verified by Kestrel in advancing initiatives detailed in the United Nations' Sustainable Development Goals. Investors who are reinvesting proceeds from the 10th Issuance of the Green Liberty Notes will receive a 25 basis point boost to the offered interest rate. This offering has a maximum investment amount of $28,045.00. What We Do Connecticut Green Bank is accelerating investment into the green economy! CGB Green Liberty Notes LLC was organized in 2021 under its parent company, Connecticut Green Bank. CGB is the nation’s first green bank. Its mission is to confront climate change and to provide all of society a healthier future by increasing & accelerating the flow of private capital into markets that energize the green economy. Through its Green Liberty Notes program, everyday investors have an opportunity to grow Connecticut’s green economy. Investments in this offering support the Small Business Energy Advantage (SBEA) program which enables non-profit, small business, municipal and state customers to reduce their energy costs by making energy efficiency upgrades in their offices, shops, restaurants and factories. Investing in this offering provides a vehicle for private capital to support Connecticut’s green economy. This capital strengthens the state’s communities, especially vulnerable communities, by ensuring the benefits of the green economy are inclusive and accessible to all individuals, families and businesses. In addition, consistent private investment in the green economy allows exploration of investment strategies that advance market transformation in green investing while supporting the organization’s pursuit of financial sustainability. Investors from all states are welcome to invest in the Green Liberty Notes offer. The maximum investment per investor is $28,045.00. Please see the allocation priority under the "Deal Summary" tab for additional details. - Kestrel SPO, Green Liberty Notes Business Plan Investment Allocation Policy: Allocations of investments in the Offering will generally be made on a first-come first-served basis. The Company generally intends for the maximum investment to be $28,045.00 per Offeree. However, priority will be given first to investors who reinvest through the reinvestment offer, and then to Connecticut residents who invest $1,122 or less (prioritizing smaller over larger investments within this group), and then to all other investors, regardless of their state of residence, who invest $1,122 or less (prioritizing smaller over larger investments within this group), until the Maximum Offering Amount is reached. If total subscriptions for reinvestments and investments of $1,122 or less do not exceed the Maximum Offering Amount, additional subscriptions for investments will be allocated on a first-come first-served basis. The Company is under no obligation to accept any additional subscriptions for the Subscribed Securities once the Company has received subscriptions for the Maximum Offering Amount (investments placed above the maximums may be declined). Investors should take this into consideration when they consider the timing of placing their investment commitment. Use of Funds Raised Connecticut Green Bank (CGB) uses limited public (CT State) dollars to attract private capital investment and offers green solutions that help Connecticut’s residents and businesses thrive. CGB established the Green Liberty Notes program to facilitate raising private capital to fund green projects in Connecticut with a global climate impact. All investments fund green projects that reduce energy costs and upgrade existing infrastructure to be energy efficient. All investment in the 13th issuance of the Green Liberty Notes program will be used for debt service & for participation interest in SBEA loan tranches that support small business, municipal and state customers to reduce their energy costs. $50,000 Min Goal Breakdown Debt service & purchase participation interest in SBEA loan tranches (100%)
FAQ
How much has CGB Green Liberty Notes LLC raised?
CGB Green Liberty Notes LLC has raised $350,000 of a $350,000 goal.
Where is CGB Green Liberty Notes LLC's campaign listed?
The offering is listed on Honeycomb Credit, an SEC-registered Reg CF intermediary.
What are the terms of CGB Green Liberty Notes LLC's raise?
Debt, 4.5% interest, 12-month term.
When does CGB Green Liberty Notes LLC's offering close?
The stated close date is Jun 19, 2025.
