Investing in
Sustainable
Infrastructure
Greenbacker is a leader in green energy investment, with approximately $3.7 billion in AUM.¹ We bring 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 strategies that 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.
Mt. Arlington solar project brings clean power to community
Greenbacker’s 2.3-megawatt solar farm sits atop a capped landfill, giving new life to the land as a source of clean energy for Mt. Arlington, NJ. To celebrate the impact of this green energy milestone, the community hosted a ribbon-cutting ceremony, inviting Greenbackers, project partners, and officials to speak about the financial and sustainability benefits of renewable energy investment.
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 March 31, 2024.
NEWS & TRENDS
GREC, 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.
READ MORE
Growth Capital, Press
3V Infrastructure launches to expand access to EV charging and accelerate widespread adoption of electric vehicles
August 6, 20243V Infrastructure, a new electric vehicle charging infrastructure owner and operator, announced its formation today and has secured a commitment of up to $40 million from an affiliate of Greenbacker Capital Management that provides strategic growth capital to leading energy transition companies. “Greenbacker is thrilled to partner with the founders of 3V to tackle the Level 2 charging space,” said Quinn Pasloske, Principal at Greenbacker. “Working with real estate owners to deliver accessible, affordable charging to their tenants presents an extremely attractive risk-adjusted return. 3V brings an infrastructure mindset to an emerging market and, as an early mover, aims to capitalize on the long-term fundamental value of the sector."
READ MORE
Sustainable Infrastructure, Press
kWh Analytics pioneers first-of-its-kind parametric wind proxy hedge for Greenbacker with Munich Re, MUFG
July 23, 2024kWh Analytics, the market leader in Climate Insurance, announced the successful close of a groundbreaking wind proxy hedge risk transfer product for a 59MW, 14-turbine wind project in Maine, developed by a Greenbacker Capital Management affiliated investment vehicle that invests in sustainable infrastructure assets. Alberto Mihelcic Bazzana, Director at MUFG, said: “As a leader in project finance, MUFG is pleased to partner with Greenbacker, kWh Analytics, and Munich Re in developing new financing solutions that can expedite the energy transition process.”
READ MORE
Press, GDEV
Relevate Power secures $15 million initial investment from Greenbacker Capital Management and an affiliate of Aegon Asset Management
June 20, 2024Relevate Power, a leader in the redevelopment of run-of-river hydropower assets, secured a $15 million investment in the first close of a significant growth equity raise, led by Greenbacker Development Opportunities Fund ("GDEV") and Aegon Real Assets US. Benjamin Baker, Managing Director of GDEV said, "We are pleased to contribute to this round of funding, reaffirming our support for Relevate Power’s approach to hydropower redevelopment. Relevate’s work is crucial for the ongoing transition to a more sustainable energy system."
READ MORE
GREC, Press
Greenbacker announces additional information regarding the Annual Meeting of Shareholders originally scheduled for May 30, 2024
May 30, 2024Notice is hearby given that the Greenbacker Renewable Energy Company LLC Annual Meeting of Shareholders originally scheduled for May 30, 2024 at 9:00 a.m. Eastern Time was adjourned due to lack of sufficient votes. The date of the Annual Meeting of Shareholders has been rescheduled to Tuesday, July 30, 2024 at 9:00 a.m. Eastern Time.
READ MORE
GREC, Press
Greenbacker delivers first quarter results
May 21, 2024Greenbacker Renewable Energy Company has announced financial results for the first quarter of 2024, including year-over-year increases in revenue, operating capacity, and clean power production, as well as quarterly highlights including the completion of a $437 million financing for Greenbacker’s milestone repower portfolio and the expansion of the firm’s leadership team. The latter included appointing a new CFO and filling the newly created Head of Capital Markets position, which followed the late-2023 addition of the new Head of Infrastructure position. “We’re excited to have the right team in place at the right time, and we look forward to capitalizing on the opportunities we see across the energy transition investment landscape,” said CEO Charles Wheeler.
READ MORESustainable infrastructure can mean sustainable income.
We connect investors seeking steady returns with the long-term renewable energy projects we own and operate. Financial advisors interested in learning more about sustainable infrastructure opportunities for accredited investors can sign up to receive more information.
ACCOLADES
We are honored to be part of the IA 50, one of the most recognized databases of impact investment fund managers.