A MARKET LEADER IN SUSTAINABLE INFRASTRUCTURE INVESTING

OUR MISSION

Empowering a sustainable world by connecting individuals and institutions with investments in clean energy.

OUR VISION

Our vision as long-term owner-operators is to stay ahead, anticipate new opportunities, offer adaptable investment solutions, and build durable partnerships to create the future of energy.

Greenbacker is a new kind of energy company.

AN ENERGY BUSINESS

Greenbacker Renewable Energy Company (GREC) is an independent power producer that generates power, invests in power generation technology and sells power to public and private offtakers.

AN INVESTMENT MANAGEMENT FIRM

Greenbacker Capital Management (GCM) manages direct investments in renewable energy, an option usually only available at an institutional scale, pairing individual investors' capital with opportunities to fund profitable sustainable infrastructure projects.

A RENEWABLES INVESTMENT

Our fleet of renewable energy assets includes solar plants, wind farms, and battery storage systems that deliver clean power to meet consumers’ growing energy needs.

AN INFRASTRUCTURE OWNER

We’re long-term owner-operators of high-quality sustainable infrastructure projects that sell renewable power to high-creditworthy utilities, municipalities, and corporations.

AN IMPACT OPPORTUNITY

As a company dedicated to addressing the climate crisis, uplifting our employees, and empowering communities, we're meeting investors’ growing need to align their portfolios with their values.

We believe Greenbacker’s true value lies in empowering a sustainable future and reversing the climate crisis.

— CHARLES WHEELER, CEO, GREENBACKER RENEWABLE ENERGY COMPANY

COMPANY TIMELINE

Preloader
2011

Greenbacker Capital Management (GCM) is founded by financial industry veterans

  • Greenbacker Capital Management (GCM) is founded by financial industry veterans with a mission to create an investment management platform dedicated to investing in real assets like renewable energy power projects and other sustainable infrastructure.
  • GCM files with the SEC for registration of Greenbacker Renewable Energy Corporation (GREC), the first direct placement program focused on investing in solar and wind power projects.
2014

Greenbacker Renewable Energy Company, LLC (GREC) is declared effective by the SEC

  • Greenbacker Renewable Energy Company, LLC (GREC) is declared effective by the SEC as a public company and begins raising capital through broker dealers, RIA’s and family offices
  • GREC makes its first investment, purchasing Sunny Mountain, a portfolio of utility, municipal, commercial and residential solar power facilities comprising 860 kilowatts of generation capacity.
2015

GREC purchases Fairfield Wind, a 10 megawatt wind farm in Montana representing its first commercial wind project.

GREC purchases Fairfield Wind, a 10 megawatt wind farm in Montana representing its first commercial wind project.

2016

The unsubsidized cost of wind and solar power drops below natural gas and all other forms of electricity generation for the first time.

The unsubsidized cost of wind and solar power drops below natural gas and all other forms of electricity generation for the first time.

2017

GREC starts the year by reaching 100 MW of generation capacity with 65 MW of solar power and 35 MW of wind.

GREC starts the year by reaching 100 MW of generation capacity with 65 MW of solar power and 35 MW of wind.

2018

GREC expands into the portfolio’s 20th state, offering geographical diversification from coast to coast.

  • GREC expands into the portfolio’s 20th state, offering geographical diversification from coast to coast.
  • GREC portfolio grows to +350 MW.
2019

GREC closes public share class offering, raising capital exclusively through a private offering under Regulation D of the U.S Securities Act of 1933, as amended

  • GREC closes public share class offering, raising capital exclusively through a private offering under Regulation D of the U.S Securities Act of 1933, as amended.
  • GREC portfolio reaches +500 MM in gross investment value. (Gross investment value reflects the full market value of assets and cash as reported on GREC’s latest quarterly financial statements, as well as project-level debt related to its projects.)
2020

GCM launches Greenbacker Development Opportunities Fund

  • GCM launches Greenbacker Renewable Development Fund
  • GREC expands into battery storage
  • GREC acquires largest pre-operational solar facility to date: Turquoise Solar in Utah 61 MWdc
  • GREC reaches $1 billion in gross investment value.
2021

Turquoise Solar (61 MWdc) reaches commercial operation and becomes GREC’s largest operating clean energy project to date.

  • Turquoise Solar (61 MWdc) reaches commercial operation and becomes GREC’s largest operating clean energy project to date.
2022

GREC completes the acquisition of the management function performed by GCM, becoming a fully integrated and internally managed company.

GREC completes the acquisition of the management function performed by GCM, becoming a fully integrated and internally managed company.

2022

Graphite Solar (104 MWdc) enters commercial operation, replacing Turquoise to become GREC’s largest operational renewables project in company history.

Graphite Solar (104 MWdc) enters commercial operation, replacing Turquoise to become GREC’s largest operational renewables project in company history.