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

  • 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 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 Renewable Energy Company LLC Announces December 31, 2020 Net Asset Value

By GCM | February 2, 2021

The Company’s Class A and I shares of common stock of $8.55, respectively, decreased by $0.08 cents per share from the prior quarter-end’s valuations.

OYA Solar Closes Development Capital Facility with Greenbacker Capital

By GCM | January 26, 2021

OYA Solar, a solar developer and asset owner, announced today that it has secured financing…

Backing Our Green Future: A Capital Idea

By GCM | January 28, 2021

Talk about your slow starts. The only thing “new” about renewable energy is its sudden emergence as a port in the storm.

Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 104 MWdc

By GCM | December 21, 2020

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased…

Greenbacker Renewable Energy Company LLC Acquires Wind Portfolio Totaling 50 MW

By GCM | December 11, 2020

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased…

Greenbacker Capital Announces Strategic Investment in Owner-Operator of Northeastern Hydroelectric Facilities, Dichotomy Power

By GCM | December 9, 2020

Greenbacker Capital Management, LLC (“Greenbacker Capital” or “Greenbacker”), announced today that, through an affiliated fund…