The mid-February winter storm in Texas has dramatically underscored the importance of reliable power generation. Record low temperatures, historic snowfall, and icy roads throughout the state led to disruptions in food and vaccine distribution, left millions without power or clean water, and resulted in the loss of dozens of lives. Some have found it politically…

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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…

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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…

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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…

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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…

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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…

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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…

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