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

Growth Capital, Sustainable Infrastructure, Press
Revolv secures $25 million in project financing for EV fleets
November 16, 2023Revolv, a leading full-service provider of electric commercial fleets, today announced it has raised $25 million in equity project financing to fund the deployment of fleet electrification projects in the United States. Made possible by a commitment from Greenbacker Capital Management through an affiliated investment vehicle focused on sustainable infrastructure, the new Revolv facility will be the first dedicated non-recourse financing facility for commercial EVs and charging stations in North America.
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GREC, Press
Greenbacker delivers third quarter results
November 14, 2023Greenbacker announces third quarter financial and operational results, including year-over-year increases in clean power operating capacity, production, and revenue, as well as valuation adjustments to address interest rates and rising insurance costs. The Company’s operating capacity increased by 305 MW, including its third largest operating project to date--the 99 MW Fall River solar project in South Dakota.
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Growth Capital, Investment Insights
Greenbacker Principal Quinn Pasloske discusses infrastructure investment opportunities in the energy transition, including the company's first investment in green molecules
October 25, 2023Quinn Pasloske joined the Invested in Climate podcast alongside Ben Hubbard, CEO of Nexus PMG, a Greenbacker Development Opportunities strategy partner. The conversation examined the role of infrastructure investment in the energy transition, particularly in the emission reduction and waste elimination infrastructure sectors, as well as the partnership that led to the strategy entering the green molecule space.
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Growth Capital, Press, GDEV
Greenbacker Development Opportunities expands private equity investment team
October 11, 2023Greenbacker Capital Management is pleased to announce that it has expanded its private equity investment team, hiring Rahul Bhalodia as a managing director of the Greenbacker Development Opportunities strategy. Bhalodia augments the firm’s ability to continue scaling the strategy, which invests in growth-stage sustainable infrastructure development platforms. Additionally, new associates Lea Beylot-Lacroix and Rushabh Nahar will support the strategy’s efforts to identify and partner with leading development teams, fund their growth, and help them scale into mature platforms.
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Sustainable Infrastructure, GREC, Press, GREC II
Greenbacker commits to exclusive, long-term recycling partnership with SOLARCYCLE
September 7, 2023SOLARCYCYCLE was chosen as a partner because the recycler can meet Greenbacker’s rigorous sustainability and compliance goals for retired solar panels, including rapid testing for overall health and potential reuse of panels; low-cost, eco-friendly recycling to extract core materials; and advanced tracking and reporting of sustainability metrics.
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Press
Greenbacker Renewable Energy Company announces leadership transition: Mehul Mehta steps down as Chief Investment Officer, continues to support the company as a consultant
September 1, 2023Greenbacker announced that Mehul Mehta, its Chief Investment Officer, is stepping down from the CIO role and departing the Company effective September 1, 2023.
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