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.


Building the largest solar farm in New York State
NEWS & TRENDS

GREC, Press
Greenbacker delivers first quarter results
June 2, 2025Greenbacker Renewable Energy Company has announced financial results for the first quarter of 2025, including year-over-year increases in IPP revenue, operating capacity, and clean power production, as the company placed over a dozen new solar assets into commercial operation. Highlights included $39 million power purchase agreement revenue, a 17% year-over-year increase, driven by a 14% increase in energy generation across Greenbacker’s combined wind and solar fleet. Company also shared additional detail regarding major construction on its largest asset to date: the 674 MW Cider solar project which, when completed in 2026, is expected to be the largest solar project in New York State.
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GREC, Press
Greenbacker announces update regarding the Annual Meeting of Shareholders scheduled for May 30, 2025
May 29, 2025Notice is hereby given that the Greenbacker Renewable Energy Company LLC Annual Meeting of Shareholders originally scheduled for May 30, 2025, at 1:00 p.m. Eastern Time was adjourned due to lack of sufficient votes to reach quorum. The date of the Annual Meeting of Shareholders has been rescheduled to Thursday, July 31, 2025, at 1:00 p.m. Eastern Time, to allow additional time for shareholders to submit their votes.
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News & Trends, Investment Insights, Resources
Renewables remain most cost-effective and efficient method to meet surging power demand
May 19, 2025In our latest whitepaper, we explore the reasons we believe the clean energy sector is poised to continue its growth trajectory, driven by a number of fundamental forces—including, surging electricity demand, economic competitiveness, swift scalability, and enduring bipartisan support. In our view, these trends create compelling investment opportunities within the energy transition, regardless of political cycle.
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GREC, Press
Construction begins on New York’s largest solar energy project
May 14, 2025Greenbacker today announced the start of major construction activities on its Cider Solar Farm in Genesee County, New York. Cider, which broke ground on early construction activities in late 2024, was the first renewable energy project of its kind to receive a siting permit from the state’s Office of Renewable Energy Siting and Transmission under Section 94-c rules. Upon completion in late 2026, Cider will be New York’s largest solar farm to date. Cider’s initial major construction phase will focus on substantive civil and mechanical activities, including placement of steel piling and racking for solar modules.
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Growth Capital, Press, GDEV
GDEV releases 2024 Energy and Impact Report
May 8, 2025As part of GDEV Management, LLC’s (GDEV) commitment to support sustainable infrastructure and energy technologies, GDEV today released its 2024 Energy and Impact Report. GDEV’s investments scale energy businesses and advance critical infrastructure. With more than $400 million deployed in over a dozen platform investments, GDEV continues to bridge the gap between capital markets and real asset development. Among the report’s notable takeaways, GDEV’s portfolio, includes 12 active sustainable infrastructure platforms and 421 full time employees, generated 652 GWh of clean energy across 45 U.S. states and 3 Canadian provinces.
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GREC, Press
Greenbacker’s Cider solar project awarded North American Solar Deal of the Year
May 6, 2025Greenbacker is proud to announce that its Cider solar project has been named the 2024 North American Solar Deal of the Year by Proximo. The award honors the multi-tranche financing package behind the project, which includes one of the market’s earliest tax credit transfer bridge loans, and underscores Greenbacker’s continued commitment to advancing the energy transition through strong industry partnerships and innovative financing packages. The nearly $1 billion project financing supports the construction and operation of the 674 MWdc utility-scale project—the largest solar project ever built in New York state and the largest clean energy asset in Greenbacker’s portfolio to date.
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