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.




  • 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.

  • 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.

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


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


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


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


  • GREC portfolio grows to +350 MW.

  • 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.)

  • 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.

  • 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.


Greenbacker Capital names Mehul Mehta as Chief Investment Officer

By GCM | October 7, 2021

Greenbacker Capital Management, LLC, a leader in sustainable infrastructure investment, is pleased to announce that Mehul Mehta has been promoted to the position of Chief Investment Officer, effective October 2021. Since joining Greenbacker in June 2016, Mehul has been essential in shaping the firm’s growth trajectory.

Greenbacker Renewable Energy Company LLC acquires Denver airport solar projects totaling 18.4 MWdc

By GCM | October 4, 2021

New York, NY, October 4, 2021 (GLOBE NEWSWIRE) — Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased two pre-operational solar projects located at Denver International Airport (DEN) from Oak Leaf Energy Partners. The projects, DIA 7 and DIA 8 (12.4 MWdc and 6.0 MWdc, respectively), join several operational solar assets that Greenbacker owns at the airport—including two community solar gardens—adding scale to the company’s national solar operations and increasing its already substantial presence in Colorado.

At Altamont Pass in Alameda County, East Bay Community Energy brings 57 MW of local clean energy online

By GCM | September 27, 2021

The Scott Haggerty Wind Energy Center is home to 23 new 2.5-MW turbines which will…

Greenbacker Renewable Energy Company Acquires 41-MW solar asset in Michigan

By GCM | September 7, 2021

New York, NY, September 7, 2021 (GLOBE NEWSWIRE) — Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it purchased Heathlands, a 41-MW utility-scale solar project from Prism Power Partners LLC (“Prism”).

Greenbacker Capital announces expansion of investment in Clear Energy Renewables

By GCM | August 24, 2021

reenbacker Capital Management, LLC (“Greenbacker Capital” or “Greenbacker”), announced today that, through an affiliated fund (the “Fund”), it is increasing its investment in Clear Energy Renewables (“Clear Energy”), an owner-operator of hydroelectric power generation facilities in New York.

Greenbacker delivers second quarter results

By GCM | August 18, 2021

Greenbacker Renewable Energy Company LLC (“Greenbacker,” “GREC,” or the “Company”)—a leading owner and operator of sustainable infrastructure and energy efficiency projects—recently announced financial results for the three-month period ended June 30, 2021.