Greenbacker is a leader in green energy investment, with approximately $3.6 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.
¹Total 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 September 30, 2023.
NEWS & TRENDS
Sustainable Infrastructure, Press
Greenbacker Capital Management’s largest clean energy asset to date enters commercial operationFebruary 14, 2024
Greenbacker Capital Management announced that its largest operating asset to date has entered commercial operation. The 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 began delivering solar energy on January 24, 2024, helping contribute to Meta’s 100% renewable energy and net zero goals. In addition to representing a company milestone, the financing for the project also marked one of the first tax equity transactions to utilize the solar production tax credit newly expanded by the Inflation Reduction ActREAD MORE
Sustainable Infrastructure, GREC, Press, GREC II
Greenbacker announces new Chief Financial Officer, expands team with new Head of Infrastructure and Head of Capital MarketsFebruary 1, 2024
Greenbacker is pleased to announce the appointment of Christopher Smith, CFA as CFO, effective February 1, 2024. Greenbacker also welcomes Daniel De Boer as Head of Infrastructure and Carl Weatherley-White as Head of Capital Markets. These newly created roles, integral to the firm's growth, underscore Greenbacker's expanding strategy, capability, and commitment to investing in the energy transition.READ MORE
Real Estate, Sustainable Real Estate, News & Trends, Investment Insights, Resources
The power play: Distributed energy resourcesJanuary 29, 2024
Today there is an unparalleled opportunity to create value by hosting and monetizing multiple onsite distributed energy resources (DERs). Proximity to strategic grid interconnection is key to facilitating the storage and sale of power, which can provide benefits like additional revenue, energy resilience, and rental appeal for both property owners and tenants.READ MORE
News & Trends, Investment Insights, Resources
A landmark COP28 deal for the energy transitionJanuary 23, 2024
History was made at COP28, as 200 countries reached a milestone agreement that prioritizes: “Transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner.” World leaders also announced a host of climate policy support, including billions of dollars for climate-friendly projects and financing, global initiatives to support secure clean energy systems, and pledges from 116 countries to double energy efficiency and triple renewable energy use by 2030.READ MORE
News & Trends, Investment Insights, Resources
The IEA’s World Energy Outlook 2023 – Key takeaways, opportunities, and the impact of the IRADecember 18, 2023
In its annual World Energy Outlook 2023 report, the International Energy Agency highlighted this year’s solar and EV growth surge, among many other clean energy growth trends within the energy transition. The report also describes the challenges ahead and offers guidance on the investments needed to achieve Net Zero Emissions by 2050. Read our key takeaways, and how the IEA’s analysis underscores the opportunity for investors who want to put their capital to work in the energy transition.READ MORE
Corporate Financing, Sustainable Infrastructure, Press
Greenbacker secures $92 million financing for storage and solar portfolioDecember 14, 2023
Greenbacker Capital Management has entered into a $92 million financing agreement with BMO. The financing package—which includes a construction to term loan, tax equity bridge loan, term loan commitment, and letter of credit facility—will be used to support construction of the company’s largest standalone battery energy storage system (BESS) project to date, the 30 MW / 120 MWh Holtville BESS, as well as a number of community solar projects.READ MORE