GREENBACKER DEVELOPMENT OPPORTUNITIES FUND

GDEV forms durable partnerships with sustainable infrastructure developers operating in high-growth markets across the United States

GDEV provides flexible capital to developers of renewable energy and sustainable infrastructure projects. The fund’s investment team leverages its deep experience in project development, structured finance, and operations to structure financing solutions that optimize risk allocation and alignment with its partners. GDEV also leverages the broader Greenbacker platform, bringing to bear the firm’s robust technical, operational, and capital markets capabilities for the benefit of its investors and portfolio companies.

GDEV invests across a wide range of sustainable infrastructure and renewable energy technologies, including (but not limited to) solar photovoltaic power generation, hydroelectric power generation, wind power generation, energy efficiency, battery storage, and renewable fuels. The fund invests across the capital structure at both the corporate and asset level.

Portfolio

Dichotomy-logo

4Q2020
Strategic investment in Dichotomy Power, an owner-operator of small hydroelectric generating facilities in the Northeast

encore-logo

4Q2020
Strategic investment in Encore Renewable Energy, a developer of solar photovoltaic and battery storage projects in the Northeast

ChambertonEnergyLogo

4Q2020
Strategic investment in Chaberton Energy, a developer of solar photovoltaic projects in the Mid-Atlantic region

CEH

4Q2020
Strategic investment in Clear Energy Investments, an owner-operator of small hydroelectric generating facilities in the Northeast

logo-retina

4Q2020
Strategic investment in OYA Solar, a developer of community solar projects focused on New York

TEAM

BEN BAKER

MANAGING DIRECTOR, GDEV

ANAND GAJJAR

GDEV BOARD MEMBER

RON IERVOLINO

BOARD CO-CHAIR

QUINN PASLOSKE

PRINCIPAL, GDEV

BRUCE USHER

GDEV INVESTMENT COMMITTEE MEMBER

GDEV PORTFOLIO ACTIVITY

Chaberton Energy Announces Investment from Greenbacker Development Opportunities Fund to Provide Development Capital for Renewable Energy Projects in the U.S. Mid-Atlantic