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.
Greenbacker Principal Quinn Pasloske discusses infrastructure investment opportunities in the energy transition, including the company’s first investment in green molecules
Greenbacker acquires three to-be-constructed community solar projects in New York. Once completed, the portfolio will help contribute to a more equitable clean energy transition by expanding the state’s access to cheaper solar power.
Greenbacker acquires sponsor position in 200 MWac / 240 MWdc solar plant in Utah. Construction commences with groundbreaking ceremony for project that will supply Meta with renewable energy.
Greenbacker has purchased a portfolio of up to nine pre-operational solar projects. When completed, the projects will lower power bills for local farmers and give new life to brownfield sites restricted from most uses.
Greenbacker has expanded its fleet of clean energy projects into Virginia, a growing market for renewables. The 4 MWdc to-be-constructed solar project is located on an active soybean farm, where it will expand the harvest to include clean power.
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.