A MARKET LEADER IN SUSTAINABLE INFRASTRUCTURE INVESTING

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Greenbacker was founded in 2011, with the objective of bringing sustainable energy and other infrastructure investment opportunities to market. We invest in a portfolio of income-producing renewable energy facilities and energy-related ventures, with holdings diversified across geography, size, and power source (e.g., solar, wind, energy storage). These projects sell power under long-term contract to high-credit-quality counterparties, including utilities, municipalities, and corporations.

Considering the rising costs of traditional fossil fuels and the ongoing depletion of our finite natural resources, clean renewable energy clearly stands out as the most effective and easily applicable solution to the world’s energy issues.

— CHARLES WHEELER, CEO, GREENBACKER RENEWABLE ENERGY COMPANY

OUR STORY

2011

  • 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 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.

2016

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.

2018

  • 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 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 Renewable Development Fund

 

  • GREC expands into battery storage

 

  • GREC’s largest solar facility reaches commercial operation: Turquoise Solar in Nevada, 61 MWdc

 

  • GREC reaches $1 billion in gross investment value.
2021

  • Turquoise Solar reaches mechanical completion and becomes the largest single operating solar project in GREC portfolio at 61 MWdc.

 

  • GCM celebrates ten years of investing in sustainable infrastructure.

PRESS ROOM

Greenbacker Capital Announces Investment in Commonwealth of Virginia

By GCM | July 28, 2021

Greenbacker’s strategic investment will support a 1-gigawatt pipeline of solar and storage projects in the state

Community Blade Signing Marks Final Phase of Construction for RoxWind, a Greenbacker Renewable Energy Company Project

By GCM | July 26, 2021

RoxWind LLC, a Greenbacker Renewable Energy Company-owned project, invited the Town of Roxbury, ME and interested parties in neighboring communities to attend a turbine blade signing and dedication ceremony.

Greenbacker Renewable Energy Company Acquires 57.5 MW Wind Farm in San Francisco Bay Area

By GCM | June 24, 2021

The company expands its California wind portfolio with purchase of Altamont Winds Project

Greenbacker Renewable Energy Company Acquires New Solar Portfolio in South Dakota

By GCM | June 8, 2021

Company expands its Midwest footprint with a pair of to-be-constructed assets in the Mount Rushmore State

Greenbacker, rPlus Energies and Sundt Construction Break Ground on Major New Solar Project in Carbon County, Utah

By GCM | May 25, 2021

104 Megawatt (dc) / 80 Megawatt (ac) Graphite Solar Plant to power Facebook’s Eagle Mountain Data Center

America Cannot Afford to Sit out the Renewable Energy Transition

By David Sher | May 25, 2021

In May, Real Assets Adviser published an article expressing misgivings about the cost and benefits of a transition to renewable energy. Our response, from Greenbacker Co-CEO David Sher, is posted in the June edition.