Battery storage developers, and project owners like Greenbacker, are able to capitalize on multiple revenue models—as well as several incentive programs—to maximize returns. This applies to energy storage projects that act in concert with renewable generation or on their own to help stabilize the grid.
David Sher, Co-CEO of Greenbacker, talks about the trends transforming the future of the renewable energy asset class
Greenbacker continues to scale its Midwestern wind portfolio, entering a new market with its first wind energy asset in Illinois. Once complete, the 54 MW Panther Creek wind farm will be the company’s largest wind project in the region.
Greenbacker has entered into a senior credit agreement with KeyBank N.A. and Fifth Third Bank. The transaction is one of Greenbacker’s largest standalone debt financings to date, providing a construction loan facility to build two of the biggest solar projects in company history.
The upward repricing follows a record first half for Greenbacker’s renewable energy fleet, and reflects continued momentum in the company’s growth and execution of its business metrics, as well as in the renewable energy asset class as a whole.
Greenbacker Renewable Energy Company announces significant operating results and business updates for the second quarter of 2022.
Greenbacker Renewable Energy Company LLC is pleased to announce that Spencer Mash has been promoted to the positions of Chief Financial Officer, Secretary, and Treasurer effective August 1, 2022. Since co-founding Greenbacker in 2011, Mash has been a key member of the company’s management team.
The partnership will expand RENEW’s capacity to scale its platform and execute on its project pipeline of distributed generation, microgrids, and energy efficiency assets. RENEW helps commercial and industrial building owners upgrade to energy-saving systems and reduce their carbon footprint, with projects that include HVAC retrofits, lighting updates, building management system upgrades, and onsite clean energy generation and battery storage.
With a power capacity of 104 MWdc / 80 MWac, Graphite Solar is now the largest operational asset in Greenbacker’s clean energy fleet. The project delivers renewable energy to a nearby Meta data center and numerous benefits to the community.
Greenbacker announces additional information regarding the Annual Meeting of Shareholders originally scheduled for May 31, 2022 and rescheduled for July 20, 2022
Notice is hereby given that the Greenbacker Renewable Energy Company LLC Annual Meeting of Shareholders originally scheduled for May 31, 2022 and rescheduled to July 20, 2022 were both adjourned due to lack of sufficient votes. The date of the Annual Meeting of Shareholders has been rescheduled to August 11, 2022 at 9:00 a.m. Eastern Time.
Greenbacker celebrated its Mt. Arlington Landfill solar project reaching commercial operation at a ribbon-cutting ceremony hosted by the community and attended by federal, state, and local officials.
Greenbacker announces additional information regarding the Annual Meeting of Shareholders originally scheduled for May 31, 2022
Notice is hereby given that the Greenbacker Renewable Energy Company LLC Annual Meeting of Shareholders originally scheduled for May 31, 2022 at 9:00 a.m. Eastern Time was adjourned due to lack of sufficient votes. The date of the Annual Meeting of Shareholders has been rescheduled to July 20, 2022 at 9:00 a.m. Eastern Time.