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December 1, 2022

Liberty Bank invests $2.5M in community-based solar projects

HBJ FILE PHOTO David Glidden is the president and CEO of Middletown-based Liberty Bank.
By Andrew Larson

Middletown-based Liberty Bank has made a $2.5 million investment to bolster community-based solar projects across the United States.

Liberty Bank has partnered with Sunwealth Inc., a clean energy investment firm, for the initiative. The company said its investment will benefit diverse communities through clean power, carbon reduction, cost savings and job creation.

“The solar industry has come a long way and it holds significant potential as a viable source of renewable energy and a catalyst in reducing adverse climate impact,” said David W. Glidden, president and CEO of Liberty Bank. “That’s what makes our partnership with Sunwealth so vital and timely.”

Sunwealth partners with solar developers and installers across the U.S. to finance and build small-scale solar projects benefiting nonprofits; office buildings and businesses; education centers and schools; and houses of worship.

Liberty Bank said its $2.5 million investment will help bring green jobs and clean energy to communities, including many designated as low to moderate income.
 

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