Greenbacker

08/28/2025

During the second quarter, Greenbacker advanced its strategic priorities through the sale of a portfolio of non-core projects, the continued buildout of its largest project to date—including the early delivery of one million solar modules to mitigate tariff risk and secure cost savings—and the addition of 74 MW of new generation capacity and 16 MWh of energy storage. These actions reflect Greenbacker’s commitment to scaling clean energy and optimizing its fleet, while further strengthening the company’s financial position to support long-term growth, profitability, and value creation in the asset class.

Greenbacker has announced operational updates and financial results for the second quarter of 2025, during which the company executed on strategic non-core asset sales, flagship project progress, and proactive project management to further strengthen its financial position for long-term growth and p...

08/13/2025

Greenbacker has sold a 64-project operating solar portfolio to CleanCapital as part of our broader strategy to accelerate the energy transition with scaled projects. This transaction reflects our commitment to optimizing our project fleet for long-term growth by focusing on larger-scale clean energy development, executing on high-impact projects, and constructing our fleet of pre-operating projects to build a more resilient energy future.

“As Greenbacker continues to scale, we are optimizing our portfolio to focus on higher-capacity clean energy projects that deliver greater impact and efficiencies across our fleet,” said Daniel de Boer, Interim CEO of Greenbacker.

Greenbacker today announced the sale of a 51.2 MW portfolio of 64 operating solar assets to CleanCapital, a leading independent power producer specializing in distributed clean energy. This transaction reflects Greenbacker’s broader strategy to optimize its project fleet for long-term growth with ...

07/23/2025

We recently shared an updated brand framework and redesigned website that reflect the disciplined structure and strategic clarity we’ve built from the inside out.

Explore how our new identity supports Greenbacker’s evolving role in powering the hashtag : https://www.greenbackercapital.com/

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07/15/2025

We’re proud to unveil ’s new brand identity and redesigned website—designed to reflect our sharpened focus, clearer organizational narrative, and role as a long-term investor in essential energy infrastructure. This updated brand expression clarifies how we connect individual and institutional capital with direct investments in the .

Explore our new site: https://www.greenbackercapital.com

06/03/2025

Greenbacker has announced results for the first quarter of 2025, including year-over-year increases in power purchase agreement revenue, operating capacity, and clean power production, as the company placed over a dozen new solar assets into commercial operation. Highlights included $39 million PPA revenue, a 17% year-over-year increase, driven by a 14% increase in energy generation across Greenbacker’s combined wind and solar fleet. The company also shared detail regarding how its proactive approach to tariff risk management delivered cost savings of $19 million on a 1 GW order of solar modules.

“Greenbacker and other clean energy industry participants have been successfully navigating the evolving trade landscape for over a decade,” said Daniel De Boer, Greenbacker’s interim CEO. “The steps we’ve taken to mitigate tariff-related risk across our portfolio deliver results, protect returns, and add stability to our investment platform. This disciplined approach is a core part of how we create long-term value for our investors.”

Greenbacker Renewable Energy Company has announced financial results for the first quarter of 2025, including year-over-year increases in IPP revenue, operating capacity, and clean power production, as the company placed over a dozen new solar assets into commercial operation. Highlights included $3...

04/22/2025

☀️ This , we're proud to highlight Greenbacker’s largest project to date: Our 674 MWdc Cider solar farm, once completed, is slated to produce more than one million megawatt-hours of zero-emission power annually. This is equivalent to offsetting the annual emissions of more than 150,000 vehicles. A meaningful step toward a more future.

03/05/2025

We are thrilled to share that our Cider Solar project has been awarded the 2024 North American Solar Deal of the Year by Proximo Infra. This innovative multi-tranche financing package—which includes one of the market’s earliest tax credit transfer bridge loans—supports the construction and operation of a landmark project acquired from our development partner Hecate. Along with being the largest Greenbacker asset to date, the 674 MWdc / 500 MWac utility-scale Cider, which broke ground in November, will also be the largest utility-scale solar project in the state of New York.

01/27/2025

Greenbacker has closed on $950 million in financing to support the acquisition, construction, and operation of the largest solar project in New York. After acquiring this landmark project from Hecate Energy LLC, one of the largest renewables developers in the US, we partnered with six of the world’s leading project finance banks and financial institutions to secure $869 million in construction-to-term, letter of credit, and tax equity bridge loan financing and with a global investment manager for an additional $81 million development loan facility.

When complete, the 674 MWdc “Cider” utility-scale solar farm will power over 120,000 homes as our largest project to date.

“Greenbacker has called New York home for 14 years, and we’re proud to be both the owner of the largest solar energy project in the state’s history and a driving force in accelerating its ambitious clean energy goals,” said Charles Wheeler, CEO of Greenbacker. “This substantial achievement—the result of successful collaboration across a group of top-tier institutions, including our long-time development partner Hecate—will create hundreds of green jobs, deliver affordable clean power, and help continue to build a sustainable future for New Yorkers.”

This milestone underscores our commitment to empowering the and supporting sustainable and resilient infrastructure. Read the full announcement:

Greenbacker has secured $950 million in financing to support the acquisition, construction, and operation of its largest clean energy project to date. After acquiring the project from Hecate Energy LLC, one of the largest renewables developers in the US, Greenbacker partnered with six of the world.....

12/20/2024

A message from Greenbacker Co-Founder David Sher this holiday season:

2024 was a milestone year for Greenbacker, from bringing online the largest solar plant in company history to pioneering one of the first clean energy deals to leverage new policies under the IRA. These amazing achievements were possible thanks to our investors, project partners, and the incredible dedication of Greenbackers across our organization. As I reflect on these successes, I’m energized by our momentum and excited for the opportunities ahead in 2025. Wishing everyone a joyful holiday season and a Happy New Year.

12/13/2024

The heads of Greenbacker’s private equity, infrastructure, and real estate strategies—Ben Baker, Dan De Boer, and David Zackowitz—explore 2025 energy transition opportunities, including: surging energy demand, the rising importance of grid resilience for homes and businesses, and the increasing need for datacenters to access outsized quantities of power.

The heads of Greenbacker’s private equity, infrastructure, and real estate strategies—Ben Baker, Dan De Boer, and David Zackowitz—explore 2025 energy transition opportunities, including: surging energy demand, the rising importance of grid resilience for homes and businesses, and the increasin...