Greenbacker brings clean power opportunities to market so that individual investors can participate in the energy transition.
We're an independent power producer and investment manager with approximately $3.7 billion in AUM.¹ Our strategies connect investors seeking stable returns with the income-producing renewables assets that we own and operate, expanding clean energy access to communities around the country.
Insights from Greenbacker Leadership
Hear from CEO Charles Wheeler, who discusses Greenbacker’s substantial growth since its founding in 2011, as well as from Greenbacker’s new CFO Chris Smith, Head of Infrastructure Dan De Boer, and Head of Capital Markets Carl Weatherley-White, who share their insights regarding: what the Greenbacker ecosystem can offer its investors and how the company is positioned to benefit from growth in the energy transition asset class, as well as what led them to join the Greenbacker mission.
The full version of the video, which includes additional commentary on how Greenbacker's overall strategy is driving the future of energy, can be viewed here.
¹Aggregate AUM includes Greenbacker Renewable Energy Company and Greenbacker Capital Management’s managed funds. AUM represents the underlying fair value of investments, determined generally in accordance with ASC 820, cash and cash equivalents and project level debt. These figures are unaudited and subject to change. Data as of June 30, 2024.
NEWS & TRENDS
Sustainable Infrastructure, GREC, Press, GREC II, Investment Insights, Resources
2025 Outlook on Energy Transition Investment
December 12, 2024In Greenbacker's 2025 Outlook Roundtable, available on Asset TV's website and Bloomberg channel, heads of strategy Ben Baker, Dan De Boer, and David Zackowitz offer their insights on 2025 energy transition opportunities. Trends they see playing out next year include surging energy demand, the rising importance of grid resilience for homes and businesses, and the increasing need for datacenters to access outsized quantities of power.
READ MOREGREC, Press
Greenbacker delivers third quarter results
November 22, 2024Greenbacker Renewable Energy Company has announced financial results for the third quarter of 2024, including year-over-year increases in revenue, operating capacity, and clean power production, as the company placed 22 new projects into service. Highlights included $55.4 million in total operating revenue, a 13% increase, driven by a 21% increase in wind and solar energy production from Greenbacker's expanding fleet of operating assets. The Greenbacker Capital Management business segment increased its revenue 72%, year-over-year, while expanding its team with two seasoned capital raising professionals.
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Solar Array Moves Middlebury College Closer to 100 Percent Renewable Energy Goal
November 6, 2024Representatives from Middlebury College, Encore Renewable Energy, and Greenbacker Renewable Energy Company came together for a ribbon cutting event celebrating the activation of Greenbacker's 5 MWac solar asset, providing the College with 40% of its total electricity. The solar array is one of the largest in the state with 15,348 solar panels mounted on single axis trackers. “This solar powerplant is one of the first in Vermont that actually tracks the sun from east to west allowing us to generate between 15 and 20 percent more energy, which provides a cheaper cost of electricity for Middlebury,” said Matt Murphy, COO of Greenbacker.
READ MORENews & Trends, Investment Insights, Resources
Renewable Energy’s Resilience Beyond the 2024 Election
October 29, 2024Despite political rhetoric, the momentum behind clean energy remains strong, driven by bipartisan legislative support and economic realities. In this white paper, Greenbacker explores why we believe the renewable energy sector is poised to continue its growth, particularly given policy tailwinds that are unlikely to disappear, irrespective of who sits in in the White House.
READ MOREReal Estate, Growth Capital, Sustainable Infrastructure, Sustainable Real Estate, GREC, Press
Greenbacker broadens fundraising capabilities with new senior business development hires
October 7, 2024Greenbacker Capital Management has expanded its distribution and fundraising capabilities, particularly in markets where Greenbacker is seeing increasing investor demand for sustainable investments. As senior members of the business development team, Adam Evans, CAIA, CIMA and John Hennessey broaden Greenbacker’s ability to offer individual and institutional investors the opportunity—across all distribution channels—to participate in the energy transition.
READ MOREGREC, Press
Greenbacker delivers second quarter results
August 16, 2024Greenbacker Renewable Energy Company has announced financial results for the second quarter of 2024, including year-over-year increases in revenue, operating capacity, and clean power production, as the company brought online over two dozen additional solar assets and its recent wind repowers continued to benefit fleet performance. Quarterly highlights included $58 million in total operating revenue, 916,000 MWh of clean power produced, and $41 million raised in investment vehicles managed by Greenbacker Capital Management, boosting year-to-date capital raise to $85 million.
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