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CoPower issues first green bond for Canadian investors


CoPower, an online platform for clean energy investing, has opened its first green bond to investors across Canada.

Accessible through CoPower's secure online platform, and eligible for holding in a self-directed RRSP, TFSA or other registered account, this green bond makes it easy for Canadians to invest in clean energy infrastructure in their communities. The bond is backed by loans to rooftop solar projects in Windsor, Ontario and Chesley, Ontario, and an energy efficiency project at the Harbourfront Centre in Toronto.
"We are meeting a growing demand from investors who want a simple way to align their money and their environmental values," says David Berliner, (pictured) cofounder and CEO of CoPower. "The average investor was often excluded from impact investing opportunities in the past due to high capital requirements – until now."
Ethical and impact investing has been gaining momentum as investors increasingly consider the implications of what they own. In 2015, a total of USD2.5 trillion in global assets committed to divest from fossil fuels. In Canada, sales of green bonds went from zero to USD1.2 billion in 2014, according to a report by think tank Sustainable Prosperity. However, most of these financial products have been accessible only to large institutional investors. Now, average Canadians can also earn financial returns while helping to build green communities.
CoPower's green bond is backed by senior, secured clean energy infrastructure loans. Accessible at a minimum investment of USD5,000, CoPower Green Bond I offers five per cent (5%) annual returns on a five-year term, blended distributions (principal and interest) paid quarterly, as well as reporting on both financial and impact performance.

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