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INSIGHTS

The power play: Distributed energy resources

Today there is an unparalleled opportunity to create value by hosting and monetizing multiple onsite distributed energy resources (DERs). Proximity to strategic grid interconnection is key to facilitating the storage and sale of power, which can provide benefits like additional revenue, energy resilience, and rental appeal for both property owners and tenants.

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A landmark COP28 deal for the energy transition

An historic agreement at the 11th hour At last month’s COP28, the...
Electric car charging with wind turbines and solar panel

The IEA’s World Energy Outlook 2023 – Key takeaways, opportunities, and the impact of the IRA

The energy transition’s momentum has been galvanized by record-breaking investments and deployment,...
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Greenbacker – Invest4Impact Replay 2023

We were excited to join RIA Channel's line-up for their Invest4Impact Symposium....
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An open letter on the resilient nature of Greenbacker’s sustainable infrastructure investments

We recently wrote a piece on how the sustainable infrastructure asset class...
Technician fitting solar panels to a house roof.

The Case for Infrastructure and Renewables Outlook 2023

While markets have performed well so far in 2023, as of this...

PRESS ROOM

David Zackowitz Head of Real Estate Greenbacker

Greenbacker hires new Head of Real Estate Investments

By GCM | August 17, 2023

Greenbacker Capital Management is pleased to announce that David Zackowitz has been hired as the firm’s new Head of Real Estate Investments. He will lead GCM’s fourth sustainability driven investment strategy, focused on acquiring commercial and residential property where the company can reduce emissions and energy use intensity, as well as add additional sources of renewable power.

Greenbacker delivers second quarter results

By GCM | August 15, 2023

Greenbacker announces second quarter financial results, a 508 MW year-over-year increase in fleet capacity, and a 17% increase in power production, highlighting the company’s continued growth as its projects generated over 765,000 megawatt-hours of clean energy for communities across the country.

Greenbacker solar power clean energy investment

Greenbacker partners with RBC Community Investments to complete one of clean energy industry’s first solar PTC deals

By GCM | August 10, 2023

The $148 million financing commitment—one of the first ever tax equity deals to utilize the solar production tax credit—will help finance Greenbacker Capital Management’s largest solar power project to date: the 240 MWdc Appaloosa Solar project in Iron County, Utah.

Greenbacker waste-to-value low-carbon infrastructure Nexus facility

Waste-to-value and low-carbon infrastructure leader Nexus PMG raises $50 million to accelerate its services and development efforts

By GCM | July 11, 2023

Nexus PMG has announced a $50 million growth equity round, led by an affiliate of Greenbacker Capital Management. The growth equity infusion will drive services expansion, and accelerate in-house development platforms focused on renewable natural gas and sustainable aviation fuel production.

Greenbacker battery energy storage

Greenbacker acquires largest standalone energy storage project to date

By GCM | June 21, 2023

With a total power capacity of 30 MW and the ability to store up to 120 MWh of energy, the to-be-constructed Holtville BESS project can store enough energy to power over 4100 homes for a 24-hour period. It’s also now the largest standalone battery storage asset in Greenbacker’s clean energy fleet.

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Greenbacker announces additional information regarding the Annual Meeting of Shareholders originally scheduled for May 31, 2023

By GCM | June 1, 2023

Notice is hereby given that the Greenbacker Renewable Energy Company LLC Annual Meeting of Shareholders originally scheduled for May 31, 2023 at 9:00 a.m. Eastern Time was adjourned due to lack of sufficient votes, and has been rescheduled to July 13, 2023 at 9:00 a.m. Eastern Time.

• Peak Power develops software to optimally operate battery assets to provide energy services to the grid

Peak Power raises $35 million to ramp up expansion of its energy storage optimization software into the US

By GCM | May 18, 2023

Led by Greenbacker Capital Management, the financing will accelerate Peak Power’s expansion of its energy storage platform, which includes optimization software and turnkey project development solutions for commercial and industrial customers and energy storage project developers across New York, Massachusetts, Virginia, and California.

rPlus Energies and Appaloosa Solar 1 project partners launch the ‘Local First – Appaloosa Solar 1 Scholarship’, committing $120,000 to students of Iron County, UT

By GCM | May 17, 2023

The $120,000 scholarship is specifically for students residing in Iron County, UT—home to Greenbacker’s 240 MWdc Appaloosa solar project—who plan to pursue their career goals locally. The Local First scholarship series assists communities in meeting their workforce needs by providing tuition for local certificate and degree programs.

Greenbacker delivers first quarter results

By GCM | May 16, 2023

Greenbacker announces first quarter financial results and a 730 MW year-over-year increase in fleet capacity. This expansion encompassed 52 new assets and included a new milestone for the company, which closed on its largest solar-plus-storage project to date.

Greenbacker-ImpactAssets-50-Fund-Manager-2023

Greenbacker named to ImpactAssets 50 2023 impact fund managers list

By GCM | April 5, 2023

Greenbacker has been named to the ImpactAssets 50 2023 list, recognized for its track record in sustainable energy investment and projects that support green jobs. Said CEO Charles Wheeler, “As we continue to deliver for our investors, we’re proud to be part of this community of impact-driven fund managers whose business activities are changing our world for the better.”