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
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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
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The Company is currently working to arrange back leverage financing as well as tax equity financing. Once operational, the SE Solar Portfolio will sell all power generated to an investment grade utility off taker through a 15-year fixed price PPA.
With the addition of the SE Solar Portfolio assets, the Company will own approximately 278.7 MW of generating capacity (including assets in development and construction) comprising 61.5 MW of wind facilities and 217.2 MW of commercial and residential solar facilities.
(Source: : Greenbacker Renewable Energy Company LLC, PR, 26 Nov., 2018) Contact: Greenbacker Renewable Energy Co. LLC., Charles Wheeler, CEO, (888) 292-3718, www.greenbackerrenewableenergy.com; SunEnergy1, David Sher, (917) 309-1234, www.sunenergy1.com
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