Posts by GCM
Tax Equity: A Boost for Investors in Renewable Energy Projects
Tax equity is an essential—and growing—component of renewable energy investing.
Read MoreGreenbacker Renewable Energy Company LLC Announces December 31, 2020 Net Asset Value
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.
Read MoreOYA Solar Closes Development Capital Facility with Greenbacker Capital
OYA Solar, a solar developer and asset owner, announced today that it has secured financing that will support the development and construction of approximately 350-400 MWDC of community solar projects across New York State. The development capital financing transaction was successfully closed with a private equity and credit fund affiliated with Greenbacker Capital Management, LLC., with…
Read MoreBacking Our Green Future: A Capital Idea
Talk about your slow starts. The only thing “new” about renewable energy is its sudden emergence as a port in the storm.
Read MoreGreenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 104 MWdc
Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased a 80 MWac /104 MWdc pre-operational solar project from rPlus Energies LLC (“rPlus”). The project, Graphite Solar I LLC, is located in Carbon County, Utah and has a long-term Power Purchase Agreement (“PPA”) in place with the utility PacifiCorp on…
Read MoreGreenbacker Renewable Energy Company LLC Acquires Wind Portfolio Totaling 50 MW
Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased a 50 MW operating wind farm from RPMA Iowa Wind Development LLC (“RPMA”). The project, Rippey Wind Holding LLC, is located in Greene County, Iowa and has a 25-year Power Purchase Agreement (“PPA”) in place with the investment-grade utility Central…
Read MoreGreenbacker Capital Announces Strategic Investment in Owner-Operator of Northeastern Hydroelectric Facilities, Dichotomy Power
Greenbacker Capital Management, LLC (“Greenbacker Capital” or “Greenbacker”), announced today that, through an affiliated fund (the “Fund”), it has made a strategic investment in Dichotomy Power LLC, an owner and operator of a growing portfolio of hydroelectric power generation stations across the Northeastern United States. The investment is a signal of the importance of hydropower…
Read MorePollinator-Friendly Solar Projects Move Forward with New Initiative Led by Encore Renewable Energy and Greenbacker Capital
Encore Renewable Energy and Greenbacker Capital announced a new agreement for the completion of 14 solar projects aggregating to 28MW of capacity with pollinator-friendly ground cover. This initiative builds on the recently announced partnership and offers a unique opportunity to provide over 200 acres of habitat necessary for increasing the populations of pollinators such as…
Read MoreEncore Renewable Energy to Expand Renewable Energy Work with Commitment from Greenbacker Development Opportunities Fund
Encore Renewable Energy and Greenbacker Capital announced a new partnership that will expand the deployment of solar and energy storage projects on underutilized property with a new source of development capital from Greenbacker’s Development Opportunities Fund, the companies announced today. Greenbacker’s Development Opportunities Fund, part of the family of funds advised by Greenbacker Capital Management, LLC, was…
Read MoreGreenbacker Renewable Energy Company LLC Acquires Solar Portfolio Totaling 80 MW
Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased a to-be-constructed 80 MW solar project from Broad Reach Power LLC. The project, Fall River Solar, is located in Fall River County, South Dakota and has a 20-year Power Purchase Agreement (“PPA”) in place with the investment-grade utility Black Hills…
Read More