STAY CURRENT

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.

Concept Save the world save environment The world is in the grass of the green bokeh background

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,...
quinn thumbnail
Invest4Impact thumbnail

Greenbacker – Invest4Impact Replay 2023

We were excited to join RIA Channel's line-up for their Invest4Impact Symposium....
Aerial view of huge solar farm in the desert

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

Greenbacker secures $76 million credit agreement with Fifth Third Bank and PNC Capital Markets

By GCM | April 19, 2022

Greenbacker has entered into a senior credit agreement of $76.3 million with Fifth Third Bank and PNC. Morgan Stanley Renewables Inc. served as tax equity investor. Greenbacker will use the credit facility to expand its Celadon portfolio of solar projects, which comprises 36 projects totaling 107 MWdc of clean energy–generation capacity.

Greenbacker delivers annual results

By GCM | March 31, 2022

Greenbacker has announced record growth in 2021, raising almost $1 billion in new investor capital and delivering substantial expansion across fleet size, production, revenue, capital deployed, and portfolio value.

Greenbacker Capital’s debut private equity fund closes near its funding cap

By GCM | March 8, 2022

Greenbacker announced today that its Greenbacker Development Opportunities Fund I, LP has completed fundraising, nearly reaching its $150 million hard cap. The Fund provides flexible capital and access to Greenbacker’s best-in-class technical asset management team for growth-stage clean energy companies.

Greenbacker acquires financial interest in 150 MW operating solar portfolio in Minnesota

By GCM | March 3, 2022

Greenbacker has purchased a 49% financial interest in the 150-MW operating Aurora solar portfolio from BlackRock Global Renewable Power Fund II. The portfolio, which comprises 16 solar projects in the Minneapolis-St. Paul area, represents one of Greenbacker’s single largest acquisitions to date. With this transaction, GREC continues to scale up its national clean energy investments and build out its presence in a state with a proven track record of supporting renewables.

Greenbacker acquires solar and storage portfolios across Illinois, Maine, and New York

By GCM | March 1, 2022

The acquisition from Borrego consists of two pre-operational solar portfolios and a pre-operational energy storage portfolio in NYC. The solar portfolios are mostly made up of community solar projects, contributing to more equitable renewable energy access, while the storage portfolio represents GREC’s first assets under development in the standalone battery storage space, a sector critical to greater grid resilience.

Greenbacker acquires 20 MWdc pre-operational solar portfolio in Washington

By GCM | February 8, 2022

The portfolio’s three 6.7-MWdc projects are Greenbacker’s first assets in Washington, a state with ambitious clean energy targets and strong support for renewables.

Greenbacker acquires 16.3 MWdc operating rooftop solar portfolio in Massachusetts

By GCM | February 2, 2022

The 16-project rooftop solar portfolio utilizes area atop buildings and parking structures—space that would otherwise be left idle—to help the Greater Boston area run on cheaper clean energy.

Greenbacker acquires 6.5 MWdc pre-operational solar project in Vermont

By GCM | January 27, 2022

The South Street solar project is now GREC’s largest solar asset in Vermont. Once completed, 100% of the clean energy it produces will be allocated to Middlebury College.

Greenbacker Capital announces investment in floating solar developer Noria Energy

By GCM | January 25, 2022

With this investment, Greenbacker enters the floatovoltaics market, an emerging area of the renewable energy asset class with unique environmental and power production advantages.

OYA Solar announces corporate investment to accelerate company growth

By GCM | January 18, 2022

The transaction was led by Greenbacker Capital Management, LLC investing through an affiliated fund. Proceeds of the expanded investment will be used to accelerate the development and construction of OYA’s 3GW+ pipeline across the Northeast and mid-Atlantic and to fund acquisitions. “We are grateful for Greenbacker’s continued confidence and support in us as a disciplined, rapidly growing renewable energy platform,” says Manish Nayar, CEO and Founder of OYA Solar.