A $28.52 million green bond sale by Vermont on October 5, 2015 will help fund sustainable infrastructure projects, according to State Treasurer Beth Pearce.
The transaction marked the first time Vermont sold green bonds targeted toward investors with socially responsible investment objectives.
Pearce said proceeds from the green bond sale will be used to fund drinking water and water pollution control projects throughout the state.
State entities that will benefit include the Agency of Natural Resources, Vermont Agency of Agriculture, and the Housing Conservation Board.
[Photo credit: Dollar Photo Club.]