About Us - Greenbacker Capital

A MARKET LEADER IN SUSTAINABLE INFRASTRUCTURE INVESTING

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

Company Timeline

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