INSIGHTS
A landmark COP28 deal for the energy transition
The IEA’s World Energy Outlook 2023 – Key takeaways, opportunities, and the impact of the IRA
Greenbacker Principal Quinn Pasloske discusses infrastructure investment opportunities in the energy transition, including the company’s first investment in green molecules
Greenbacker – Invest4Impact Replay 2023
An open letter on the resilient nature of Greenbacker’s sustainable infrastructure investments
The Case for Infrastructure and Renewables Outlook 2023
PRESS ROOM
Greenbacker announces commercial operation of solar farm in New Jersey
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.
Greenbacker announces investment in commercial solar and storage platform Sunrock Distributed Generation
Sunrock DG develops smaller-scale commercial solar projects that allow businesses, municipalities, and non-profits to access the financial and environmental benefits of solar power. Partnering with Greenbacker will increase Sunrock DG’s capacity to provide financing for small and medium businesses transitioning to solar. It will also enable Sunrock DG to expand its pipeline of middle-market commercial solar and storage projects.
rPlus Energies, Greenbacker Renewable Energy Company & Sundt Renewables Commit $75,000 to Carbon County, UT Students in Pilot ‘Local First Scholarship’
The inaugural scholarship supports local workforce needs by providing tuition to students who pursue a certificate or degree from Utah State University Eastern and plan to work in the Carbon County area after graduation.
Greenbacker Renewable Energy Company LLC announces completion of management acquisition
Greenbacker Renewable Energy Company LLC (“GREC”) today announced that it has successfully completed the acquisition of the management function currently being performed by Greenbacker Capital Management, LLC, an SEC registered investment adviser, and certain affiliated companies into GREC’s wholly owned subsidiary, Greenbacker Renewable Energy Corporation. Management believes the transaction will provide a number of potential benefits, including offering new opportunities to pursue exciting prospects to create value for shareholders.
Greenbacker delivers first quarter results
Greenbacker announces substantial year-over-year expansion in operating capacity, fleet size, production, revenue, and investments value, with net assets reaching a record high of over $1.5 billion.
Greenbacker acquires 55 MW operating wind project in New York
Greenbacker has purchased the Howard wind project, a 55.4 MW operational wind farm, from BlackRock. Howard is now the second largest asset in the company’s wind fleet and also marks Greenbacker’s first wind project in New York, where it supports local green energy jobs and produces enough clean energy to power approximately 12,500 homes a year.
Greenbacker acquires three New York solar projects totaling 50 MWac
Greenbacker announced today that it has purchased three pre-operational, utility-scale solar projects in New York from Hecate Energy. The projects, which are slated to reach commercial operation in 2023, will deliver 50 MWac of solar power to consumers in the tri-state area, generating enough clean energy to power nearly 10,000 homes.
Greenbacker secures $76 million credit agreement with Fifth Third Bank and PNC Capital Markets
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
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.