Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Greenbacker Acquires 55 MW Empire State Wind Project (M&A)
Greenbacker
Date: 2022-05-09
In the Empire State, NYC-based Greenbacker Renewable Energy Company LLC is reporting that, through a wholly owned subsidiary, it has purchased the Howard Wind Farm, an operating wind project in Setuben County from the BlackRock Global Renewable Power Fund II. Howard includes an existing renewable energy credit contract with an investment-grade offtaker.

The 55.4 MW Howard project began commercial operation of 2011 and generates sufficient power for roughly 12,500 New York homes a year. The Howard Wind Farm is Greenbacker's first wind asset in New York State.

According to the release, Greenbacker's fleet of sustainable infrastructure projects includes over 2.6 GW of generating capacity (including Howard and assets that are to be constructed). Since 2016, Greenbacker's real assets have produced more than 3.7 million MWh of clean energy and abated over 2.7 million metric tons of carbon. (Source: Greenbacker, Website PR, 5 May, 2022) Contact: Greenbacker Renewable Energy, Charles Wheeler, CEO, (646) 720-9463, generalenquires@greenbackerreneableenergy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker,  Wind,  BLackrock,  


Greenbacker Snares NY Battery Storage, Solar Projects (M&A)
Greenbacker,Borrego
Date: 2022-03-11
NYC-based Greenbacker Renewable Energy Company reports the purchase of a portfolio of two standalone lithium-ion operational battery energy storage system (BESS) sites and two solar portfolios of up to seven projects each, all pre-operational, from San Diego-based developer Borrego.

The front-of-the-meter storage assets are both in New York and have a combined power/capacity of 10MW/40MWh, with scheduled delivery date of H1 2023. They will participate in New York State's BESS Value of Distributed Energy Resources (VDER) programme which credits operators for electricity they discharge into the grid. The state has a target of 6GW of energy storage deployed by 2030. (Source: Greenbacker, Mar., 2022) Contact: Borrego, Brendan Neagle, EVP Project Finance , www.borregoenergy.com; Greenbacker Renewable Energy, Charles Wheeler, CEO, (646) 720-9463, generalenquires@greenbackerreneableenergy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker,  Borrego,  Solar,  Energy Storage,  BESS,  


Greenbacker Snares NY Battery Storage, Solar Projects (M&A)
Greenbacker Renewable Energy,orrego
Date: 2022-03-04
NYC-based Greenbacker Renewable Energy Company reports the purchase of a portfolio of two standalone lithium-ion operational battery energy storage system (BESS) sites and two solar portfolios of up to seven projects, all pre-operational, from San Diego-based developer Borrego.

The front-of-the-meter storage assets are both in New York and have a combined power/capacity of 10MW/40MWh, with scheduled delivery date of H1 2023. They will participate in New York State's BESS Value of Distributed Energy Resources (VDER) programme which credits operators for electricity they discharge into the grid. The state has a target of 6GW of energy storage deployed by 2030. (Source: Greenbacker, Mar., 2022)Contact: Borrego, Brendan Neagle, EVP Project Finance , www.borregoenergy.com; Greenbacker Renewable Energy, Charles Wheeler, CEO,(646) 720-9463, generalenquires@greenbackerreneableenergy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker,  Solar,  Energy Storage,  BESS,  Borrego,  


Greenbacker Snares Pre-Operational WA. Solar Portfolio (M&A)
Greenbacker Renewable Energy
Date: 2022-02-14
NYC-headquartered sustainable infrastructure and energy efficiency initiatives specialist Greenbacker Renewable Energy Company LLC is reporting its Seattle-based utility-scale solar developer TUUSSO Energy has acquired a pre-operational solar portfolio of 20MWdc through a wholly-owned subsidiary.

The three 6.7 MWdc projects in the portfolio are Greenbacker’s first investments in Washington, State. The projects, which have PPA in place, are in Kittitas County and slated to begin commercial operations in 2022. (Source: Greenbacker, Renewable Energy. PR, 12 Fib., 2022) Contact: Greenbacker Renewable Energy, Charles Wheeler, CEO,(646) 720-9463, generalenquires@greenbackerreneable energy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker Renewable Energy,  Solar,  


Greenbacker Invests in Floating Solar Developer Noria Energy (M&A)
Greenbacker, Noria Energy
Date: 2022-02-11
NYC-headquartered sustainable infrastructure investor Greenbacker Capital Management, LLC is reporting an equity investment in California-based floating solar -- "flotovoltaics" -- developer Noria Energy.

Floating solar projects, which are developed on calm water surfaces such as hydroelectric dam reservoirs, wastewater treatment ponds, can reduce algae growth, slow evaporation and benefit from a cooling effect from the water beneath, leading to greater and more efficient clean energy generation.

According to National Renewable Energy Laboratory (NREL), installing floating solar on the 24,000+ man-made reservoirs in the US could meet about 10 pct of the country's annual electricity needs.

Noria designed, engineered, and co-developed the nation's largest floating solar array, a 4.8-MW installation at the water reclamation facility in Healdsburg, CA. Noria also offers behind-the-meter solar projects both on land and floating. (Source: Noria Energy, Website, Feb. 2022) Contact: Noria Energy, Jonathan Wank, CEO, noriaenergy.com; Greenbacker Renewable Energy, Charles Wheeler, CEO,(646) 720-9463, generalenquires@greenbackerreneable energy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Noria nergy,  Greenbacker,  Solar,  Floating Solar,  


Greenbacker Acquires Bay State Operating Solar Portfolio (M&A)
Greenbacker Renewable Energy
Date: 2022-02-04
NYC-headquartered Greenbacker Renewable Energy Company LLC is reporting a wholly owned subsidiary has purchased a 16.3-MWdc operational solar portfolio in Massachusetts from large-scale solar developer ECA Solar and Alliance Fund II, a sustainable infrastructure fund sponsored by North Sky Capital and sub-advised by GoldenSet Capital Partners LLC.

The portfolio includes 16 rooftop solar projects all of which came on line between Q3,2018 and Q2 of 2020 and have long-term off-take contracts in place with a mixture of businesses, utilities, municipalities and local government agencies.

With this acquisitions, Greenbacker's portfolio of sustainable infrastructure projects includes roughly 2.6 GW of generating capacity that have produced approximately 3.4 million MWh of clean energy and abated 2.4 million metric tons of carbon. (Source: Greenbacker Renewable Energy, Website, PR. Feb., 2022) Contact: ECA Solar, Todd Fryatt, Pres., 508.460.2068, tf@ecasolar.com, www.ecasolar.com; Greenbacker Capital, Greenbacker Renewable Energy, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker Renewable Energy,  Rooftop Solar,  


Greenbacker's RoxWind Wind Farm Now Online (Ind. Report)
Greenbacker
Date: 2022-01-07
NYC, New York-based Greenbacker Renewable Energy Company LLC , a leading owner and operator of sustainable infrastructure and energy efficiency projects, is reporting its 15.3-MW RoxWind Wind Farm in Maine entered commercial operation on November 30, 2021. The facility is expected to produce nearly 50,300 MWh per year of clean energy -- sufficient power for 4,500 homes per year.

Originally developed by Palmer Capital, RoxWind's four, 3.8 MW turbines generate renewable energy for four investment-grade municipal utilities via long-term off-take agreements. RoxWind is Greenbacker's first and largest sustainable infrastructure asset in Maine. (Source: Greenbacker, Website PR, Jan., 2022) Contact: Greenbacker Renewable Energy, Charles Wheeler, CEO,(646) 720-9463, generalenquires@greenbackerreneable energy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker,  Wind,  


Greenbacker Snares Minnesota Wind Assets (M&A)
Greenbacker Renewable Energy, PRC Wind
Date: 2021-10-29
New York, New York-headquartered Greenbacker Renewable Energy Company LLC, an owner and operator of sustainable infrastructure and energy efficiency projects, reports that through a wholly owned subsidiary it has purchased two operating wind assets in Murray County, Minnesota, from Minneapolis-headquartered PRC Wind.

With these projects -- Ridgewind (25.3 MWdc) and WindShare (5.4 MWdc) -- Greenbacker now owns three wind farms in Minnesota, as well as three operating wind assets nearby in Iowa. These include Hawkeye, Elk, and Rippey, which have clean power–generating capacities of 37.5 MWdc, 42.5 MWdc, and 50.0 MWdc, respectively. (Source: Greenbacker, PR, Website, 27 Oct., 2021) Contact: PRC Wind, (612) 331-1486, www.projectresources.net; Greenbacker Renewable Energy, (833) 404-4104, www.greenbackercapital.com/greenbacker-renewable-energy-company/Greenbacker

More Low-Carbon Energy News Wind. Greenbacker ,  


Greenbacker Acquires 41-MW Michigan Solar Asset (M&A Report)
Greenbacker,Prism Power Partners
Date: 2021-09-10
NYC-based Greenbacker Renewable Energy Company LLC reports a wholly owned subsidiary has purchased Heathlands, a 41-MW utility-scale solar pre-construction solar project in Manistee County, Michigan, from Prism Power Partners LLC. The Heathlands solar facility was designed with the option to add co-located battery energy storage systems onsite.

The Heathlands project has a long-term PPA with an investment-grade offtaker and is slated to enters commercial operations in Q4, 2022.

With the acquisition -- Greenbacker's third from Prism -- Greenbacker will own approximately 2.18 GW of generating capacity (including assets that are to be constructed), comprising 1.82 GW of utility-scale and distributed solar facilities, 330.1 MW of wind facilities, 16.0 MW of battery storage, and 12.0 MW of biomass facilities Prism Power Partners is an experienced renewable energy project developer focused on leveraging strong relationships with host communities and electric load-serving entities throughout the Midwest, including Michigan. Prism's team has developed over 250 solar projects and over 100 MW of energy storage across North America. (Source: Greenbacker, PR., Sept., 2021) Contact: Greebacker Capital, www.greenbackercapital.com; Prism Power Partners, Randall Wood Managing Director, (312) 330-5014, randy@prismpowerpartners.com, www.prismpowerpartners.com

More Low-Carbon Energy News Prism PowerBattery Energy STorage,  Solar+Storage,  Partners,  Solar,  Community Solar,  Greenbacker,  


Greenbacker Acquires 57.5 MW Calif. Wind Farm Project (M&A)
Greenbacker Renewable Energy
Date: 2021-06-25
New York, New York-based Greenbacker Renewable Energy Company LLC (GREC), an owner and operator of sustainable infrastructure and energy efficiency projects, reports its purchase -- through a subsidiary company -- of the Altamont Winds Project from funds managed by Castlelake, L.P.. The 57.5MW Altamont Winds Project in Alameda County is Greenbacker's second wind asset in California and raises company's total nationwide wind energy capacity to just over 300 MW.

The Altamont Winds Project, which is in final stages of commissioning, has a long-term PPA with East Bay Community Energy, a community choice aggregator (CCA). CCA allow residents, businesses, and municipalities to procure power from an alternative supplier, while still using the transmission and distribution services of their local electric utility provider.

With this acquisition, Greenbacker will own approximately 1.18 GW of generating capacity (including assets that are to be constructed), comprising 855.4 MW of utility-scale and distributed solar facilities, 300.1 MW of wind facilities, 16.0 MW of battery storage, and 12.0 MW of biomass facilities. (Source: Greenbacker Renewable Energy, Website PR, June, 2021) Contact: Greenbacker Renewable Energy, Charles Wheeler, CEO,(646) 720-9463, generalenquires@greenbackerreneable energy.com, www.greenbackerrenewableenergy.com

More Low-Carbon Energy News Greenbacker Renewable Energy,  Wind,  


GREC Larimer Solar+Storage Project Now Online (Ind. Report)
Greenbacker Renewable Energy,Tesla,Platte River Power Authority
Date: 2021-04-05
Kansas City, Missouri-based Greenbacker Renewable Energy LLC (GREC) reports its Rawhide Prairie Solar +Storage project with 2-MWh Tesla battery bank connected to a 22-MW solar array is now online in Larimer County, Colorado.

The 150-acre Rawhide Prairie Solar site at the Platte River Power Authority's Rawhide Energy Station will deliver solar output to Platte River under a 20-year power purchase agreement.The project brings Platte River's total solar capacity to 52 MW. The utility is committed to 100 pct non-carbon energy portfolio by 2030. (Source: GREC, PR, CleanTech, April, 2021) Contact: Platte River Power Authority, Jason Frisbie, CEO, www.prpa.org; Greenbacker Renewable Energy, Charles Wheeler, 888-292-3178, generalenquires@greenbackerreneable energy.com, www.greenbackerrenewableenergy.com; Tesla, www.tesla.com/en_CA/powerwall

More Low-Carbon Energy News Greenbacker Renewable Energy,  Solar,  Solar+Storage,  Tesla,  Platte River Power Authority,  


Greenbacker Acquires Planned South Dakota solar Project (M&A)
Greenbacker Renewable Energy
Date: 2020-11-18
Greenbacker Renewable Energy has, through a wholly-owned subsidiary, purchased a to-be-constructed 80-MW solar project from Houston-headquartered Broad Reach Power. The project, Fall River Solar, is located in Fall River County, South Dakota and has a 20-year PPA in place with the investment-grade utility Black Hills Power. Greenbacker will oversee the construction which is expected to reach commercial operation in Q4 2022.

With this acquisition, Greenbacker will own roughly 753.5 MW of generating capacity (including assets that are to be constructed), comprising 529.8 MW of utility-scale and distributed solar facilities, 192.6MW of wind facilities, 19.1 MW of battery storage and 12.0MW of biomass facilities, according to the company. (Source: Greenbacker Renewable Energy , PR, Nov., 2020) Contact: Greenbacker Renewable Energy, Charles Wheeler, CEO, generalinquiries@greenbackercapital.com, www.greenbackercapital.com; Broad Reach Power, Steve Vavrik, CEO, www.broadreachpower.com

More Low-Carbon Energy News Greenbacker Renewable Energy,  Solar,  Broad Reach Power,  


Greenbacker Acquires Rights to 15.3-MW Maine Wind Project (M&A)
Greenbacker Renewable Energy
Date: 2020-03-18
Kansas City, Missouri-based Greenbacker Renewable Energy Co LLC is reports the purchase of the rights to the 15.3-MW RoxWind wind project in Maine . The RoxWind project, which is expected to come online in Q3, 2021, was developed by Palmer Management Corp Horseshoe Valley Wind, and Solaya Energy.

With this project, Greenbacker's first wind asset in Maine, the company's portfolio has expanded to 543.1 MW, including to-be-constructed assets. Of these, wind accounts for 192.5 MW, while 338.6 MW are utility-scale and distributed solar plants. (Source: Greenbacker Renewable Energy, Renewables, 17 Mar., 2020)) Contact: Greenbacker Renewable Energy, 888-292-3178 www.greenbackerrenewableenergy.com

More Low-Carbon Energy News Greenbacker Renewable Energy ,  


Greenbacker Acquiring Empire State Solar Portfolio (M&A, Ind Report)
Hecate Energy, Greenbacker Renewable Energy
Date: 2020-01-08
Kansas City, Missouri-based Greenbacker Renewable Energy Company, an externally managed energy company that acquires and manages income-generating renewable energy and energy efficiency projects and other energy-related businesses, reports that through a wholly-owned subsidiary, it has signed the rights to a 110 MW portfolio of solar projects located in Greene and Albany counties, New York, from Chicago-based Hecate Energy. Closings to take place throughout 2020 and the facilities are slated to be fully operational in 2021.

The portfolio will sell a portion of the renewable energy credits generated to an investment grade off taker through a 20-year fixed price contract and will sell the remaining portion of energy and Renewable Energy Certificate (REC) attributes generated to two utilities through fixed price 20-year contracts. (Source: Greenbacker Renewables, Energy Global, 7 Jan., 2020) Contact: Greenbacker Renewable Energy, 888-292-3178 www.greenbackerrenewableenergy.com;Hecate Energy LLC, Chris Bullinger, CEO, Solutions@HecateEnergy.com, www.hecateenergy.com

More Low-Carbon Energy News Hecate Energy,  Greenbacker Renewable Energy,  Solar ,  


Greenbacker Confirms Multi-state Solar Portfolio Acquisition (M&A)
Greenbacker Renewable Energy
Date: 2019-10-23
New York-based Greenbacker Renewable Energy Company LLC reports the acquisition of the rights to 31.3 MW of commercial and industrial (C&I) portfolio solar projects including the rights to a 25.6-MW photovoltaic (PV) C&I portfolio from IGS Solar, consisting of projects in the states of California, Colorado, Massachusetts, New Jersey and Washington DC. All the project have off-take agreements in place and will be switched on between the last quarter of 2019 and third quarter of 2020.

The acquisitions grow Greenbacker's power generation capacity to about 552 MW, including 172.3 MW of wind, 367.7 MW of solar and 12 MW of biomass. (Source: Greenbacker Renewable Energy, Renewables Now, 18 Oct., 2019) Contact: Greenbacker Renewable Energy, 888-292-3178, www.greenbackerrenewableenergy.com

More Low-Carbon Energy News Greenbacker Renewable Energy ,  

Showing 1 to 15 of 15.