GREENBACKER RENEWABLE ENERGY COMPANY
Greenbacker Renewable Energy Company (GREC) is a publicly reporting, non-traded limited liability company that acquires and manages income-generating renewable energy and other energy-related businesses. Our business objective is to generate attractive risk-adjusted returns for our investors, consisting of both current income and long-term capital appreciation. We do this by acquiring and financing the construction and operation of income-generating renewable energy and sustainable development projects, primarily within North America. GREC invests in a diversified portfolio of income-producing renewable energy power facilities that sell long-term electricity contracts to off-takers with high credit quality, such as utilities, municipalities, and corporations.
PERFORMANCE OVERVIEW
Past performance is not a guarantee of future results.
1 Inception to date (“ITD”) returns are annualized consistent with the IPA Practice Guideline 2018.
2 Reflects the current month’s distribution annualized and divided by the prior month’s Monthly Share Value (MSV). MSV based calculations involve significant professional judgement. The calculated value of our assets and liabilities may differ from our actual realizable value or future value which would affect the MSV as well as any returns derives from MSV, and ultimately the value of your investment. As return information is calculated based on MSV, return information presented will be impacted should the assumptions on which MSV was determined prove to be different.
3 Monthly share value as of September 1, 2021.
4 Returns shown reflect the percentage change in the MSV per share from the beginning of the applicable period, plus the amount of any distribution per share declared in the period. All returns shown assume the reinvestment of distributions, are derived from unaudited financial information and are net of all expenses. The returns have been prepared using unaudited data and valuations of underlying investments in GREC’s portfolio, which are estimates of fair value and form the basis for GREC’s MSV. Valuations based on unaudited reports from the underlying investments may be subject to later adjustments, may not correspond to realized value, and may not accurately reflect the price at which assets could be liquidated.
PORTFOLIO STATISTICS
AS OF 6/30/21
$1.51 B
GROSS INVESTMENT VALUE¹
2.09 GW
RATED SYSTEM CAPACITY²
302
NUMBER OF ASSETS²
16.5 YEARS
WEIGHTED AVERAGE REMAINING TERM LENGTH
34
STATES, PROVINCES, TERRITORIES AND DISTRICTS
2021 portfolio metrics are unaudited and subject to change.
¹Gross investment value (GIV) reflects the fair market value of our assets and cash as reported on GREC's latest quarterly financial statements, as well as project-level debt related to our projects. GIV amounts are unaudited and subject to change.
²Prior to 3Q20 the Company did not formally track total asset and capacity statistics for projects the Company had contracted to acquire but had not yet closed.
TEAM
ELLE BRUNSDALE
INVESTMENTS ASSOCIATE
MIKE DUDUM
INVESTMENTS ASSOCIATE
JACQUELINE FEDIDA
INVESTMENTS ASSOCIATE
NEERAV JASHNANI
INVESTMENTS ASSOCIATE
DONAL MAHONEY
INVESTMENTS ASSOCIATE
SPENCER MASH
EVP, STRUCTURED FINANCE | EXECUTIVE COMMITTEE
MEHUL MEHTA
EVP, INVESTMENTS | EXECUTIVE COMMITTEE
BAILEY PLUMMER
VP, INVESTMENTS
BEN TILLAR
VP, INVESTMENTS
CHARLES WHEELER
CO-CEO | BOARD MEMBER | EXECUTIVE COMMITTEE
DELLA XU
INVESTMENTS ANALYST
MANDY YANG
INVESTMENTS ANALYST
Investor Center
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Trustee Certification
Public Share - Account Update
For account-related inquiries, contact our Transfer Agent at (833) 404-4104
New investor inquiries: EMAIL
For completed Greenbacker paperwork:
Regular Mail
PO Box 219255
Kansas City, MO 64121-9255
Overnight Mail
430 W 7th St Ste 219255
Kansas City, MO 64105-1407
The shares of limited liability company interests of Greenbacker Renewable Energy Company LLC, a Delaware limited liability company, have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or approved by the Securities and Exchange Commission (the “SEC”) or any state securities agency. This is a private offering made only pursuant to exemptions provided by Section 4(a)(2) of the Securities Act, Rule 506(b) of Regulation D promulgated thereunder and applicable state securities laws. Neither the SEC nor any state agency has passed upon the value of the shares, made any recommendations as to their purchase, approved or disapproved this offering. Any representation to the contrary is a criminal offense.
Greenbacker Renewable Energy Company LLC is a publicly reporting, non-traded, limited liability company that acquires and manages income-generating renewable energy projects and other energy-related businesses.