We’re excited to announce the sale of a 237 MW portfolio of solar generation and storage assets to Altus Power, Inc., a long-term owner and operator of U.S. commercial-scale solar projects. This portfolio—spanning 100+ projects across 18 states—reflects our commitment to fleet optimization and sharpening our focus on scaled renewable energy infrastructure that drives sustainable growth. “This transaction advances Greenbacker’s strategic focus on larger, utility-scale projects that drive greater efficiency and long-term value creation, while strengthening the U.S. energy system,” said Daniel de Boer, CEO of Greenbacker #EnergyTransition #RenewableEnergy #Solar #CleanEnergy #Greenbacker https://lnkd.in/emXqmQAu
Greenbacker
Financial Services
New York, NY 19,647 followers
Empowering a sustainable world by connecting individuals and institutions with energy transition investments.
About us
As a multi-strategy investment manager and independent power producer, Greenbacker Renewable Energy Company (Greenbacker) is empowering a sustainable world by connecting individuals and institutions with opportunities to put their capital to work building the infrastructure of the energy transition. We are strategically positioned to harness the opportunity set across the energy transition investment landscape, driven by increasing demand for power, greater need for grid resilience, and decarbonization and energy independence goals. Greenbacker Capital Management (GCM), our investment management segment—with its full suite of capital raising, marketing, and investor services capabilities—offers direct investments to individual and institutional investors. GCM advises several energy-transition focused strategies, spanning sustainable infrastructure, credit, private equity, and qualified opportunity zones. Leveraging our integrated insight from owning and operating infrastructure assets, GCM identifies areas to deploy capital into real assets and companies across the sustainability asset class. Greenbacker IPP acquires, owns, and operates hundreds of clean energy infrastructure assets across the U.S. With projects ranging across size, geography, and power sources—including solar, wind, and energy storage—our IPP business delivers real asset opportunities that generate revenue by producing and selling clean power across the most resilient areas of the economy. Since our founding in 2011, we’ve grown to over 150 employees in four office (NYC, Montpelier, Denver, and Portland, ME) and other individual locations across the U.S. As we develop scalable and resilient energy infrastructure, we're creating jobs, stimulating economic growth, strengthening domestic supply chains, and meeting the country’s rising power needs with scalable homegrown clean energy. Please visit www.greenbackercapital.com to learn more about our mission, team, and portfolios.
- Website
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https://greenbackercapital.com/
External link for Greenbacker
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Renewable Energy Projects, Solar Energy Projects, Wind Energy Projects, Co-Generation Projects, Energy Efficiency, and Investment Management
Locations
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Primary
Get directions
New York, NY, US
Employees at Greenbacker
Updates
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Greenbacker reported third quarter results, including $52 million in IPP operating revenue, a 3% year-over-year increase driven by wind and solar PPA revenue. The company produced 693,000 MWh of clean energy—enough to power approximately 64,000 U.S. homes for one year—and achieved a major construction milestone at its flagship Cider solar project. Greenbacker also placed 20 new assets into operation, year-over-year, adding 64 MW of solar generation capacity and 6 MWh of energy storage to its operating fleet. “Greenbacker’s performance this quarter underscores the strength of our core operating fleet and the resilience of our business model,” said Daniel de Boer, CEO of Greenbacker. “Our teams not only drove revenue growth but also achieved critical milestones on flagship projects that will power communities for decades to come. These results reflect our commitment to accelerating the energy transition and creating long-term value for our shareholders.” Read the full press release here: https://lnkd.in/ebEgqK2x #GreenbackerInvestments #GreenbackerPortfolio #SustainableInfrastructure
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Greenbacker reposted this
In a new partnership with Schneider Electric, Sunrock Distributed Generation is helping to speed the deployment of solar, microgrids and resilient energy solutions. The Accelerating Resilient Infrastructure Initiative aims to unlock $7.5 billion in financing for U.S. energy resilience projects. 📖Read more about the initiative from Latitude Media’s Bianca Giacobone: https://lnkd.in/ersh6WvA
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Greenbacker reposted this
Nicely done! Worth the 7 minutes for anyone wondering why GDEV Management and Relevate Power care so much about small hydro.
💧 We restore, upgrade, and operate America’s legacy hydropower assets — delivering clean energy that communities can count on. This video captures how Relevate Power blends deep operational expertise with local partnerships to bring century-old dams back to life — safely, reliably, and sustainably. From regulatory fluency to boots-on-the-ground execution, we’re proving that waterpower can be done differently — with transparency, trust, and long-term impact. 🎥 Watch to see how Relevate Power is powering rural America with 24/7 clean energy. With thanks to GDEV Management for helping to tell our story. #Hydropower #CleanEnergy #RelevatePower #EnergyRestoration #InfrastructureRenewal #CommunityImpact #EnergyTransition #Waterpower
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Greenbacker reposted this
At GDEV, we look for businesses that combine commercial innovation with disciplined execution. Lightshift Energy is doing just that by leading the development of energy storage systems across the U.S. 🔽Check out this video that dives into how Lightshift’s projects deliver real, measurable value by developing long term partnerships and scaling efficiently. #EnergyStorage #RenewableEnergy #GDEV #LightshiftEnergy
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Greenbacker reposted this
Relevate Power is fostering economic growth and protecting local ecosystems by restoring aging hydropower assets to deliver clean energy to surrounding communities.💧 Watch below to learn more about Relevate’s strategy of revitalizing existing hydropower infrastructure, delivering strong returns for investors and providing measurable impact on local communities – which aligns perfectly with GDEV’s ethos. #Hydropower #RenewableEnergy #GDEV #CleanEnergy #RelevatePower
💧 We restore, upgrade, and operate America’s legacy hydropower assets — delivering clean energy that communities can count on. This video captures how Relevate Power blends deep operational expertise with local partnerships to bring century-old dams back to life — safely, reliably, and sustainably. From regulatory fluency to boots-on-the-ground execution, we’re proving that waterpower can be done differently — with transparency, trust, and long-term impact. 🎥 Watch to see how Relevate Power is powering rural America with 24/7 clean energy. With thanks to GDEV Management for helping to tell our story. #Hydropower #CleanEnergy #RelevatePower #EnergyRestoration #InfrastructureRenewal #CommunityImpact #EnergyTransition #Waterpower
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Greenbacker reposted this
Last week, GDEV and over 60 representatives from our portfolio companies, LPs, and strategic partners convened in New York for our Annual General Meeting, which also celebrated our 5-year anniversary. The week was filled with meaningful panels and roundtable discussions on GDEV’s role in meeting the accelerating energy demand. A few highlights from the week include: ⚡Company Spotlight: Lightshift Energy, a developer, owner and operator of battery energy storage projects across the U.S., has seen incredible success while navigating policy uncertainty around storage incentives. The market needs firm and fast capacity to keep up with AI-driven load growth from data centers, positioning Lightshift well for continued success and growth. 🔎Case Study: The “Platform Building 3V Infrastructure” case study took a detailed look at how GDEV worked with 3V Infrastructure to build the business from the ground up – scaling from concept to 150 level 2 EV chargers at 30+ sites. The discussion showcased how platform-building is a core pillar of GDEV’s approach: identifying whitespace in a market, backing exceptional teams to address those needs, and scaling quickly to meet emerging industry demand. 🗣️Panels: A special thank you to each of our panelists for providing compelling discussions about the future of energy infrastructure. Sessions included: 🔷"Macro Environment & Geopolitics” discussing rates and their impact on the infrastructure industry. Panelists included Michael Fisher, Joshua Goldberg, Joseph Romeo and moderator Michael Kasper, CFA. 🔷"Navigating Policy Uncertainty as Developers” discussing how to navigate the uncertainties of both tariffs and One Big, Beautiful Bill Act. Panelists included Mike Doniger, David Hancock, Jordan Ruttenberg and moderator Timothy Beach. 🔷"Building the Grid of the Future” discussing how AI load growth will exacerbate already rising power demand and energy prices. Panelists included Mary Kate Carter, Alexandra DaCosta, Derek Lim Soo, Andrew Kessler and moderator Todd Alexander. As we look ahead to GDEV’s sixth year, we are excited to double down on our role as a leading middle-market DER specialist partnering with winning teams to build the future of energy infrastructure!
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Greenbacker reposted this
Milestones worth celebrating: Last week marked five years since the launch of the Greenbacker Development Opportunities Fund (GDEV Management), and we were honored to have our President and COO Mike Doniger join Tim Beech, Jordan Ruttenberg, and David Hancock for a panel discussion at their annual general meeting in NYC. The conversation tackled the pressing questions facing developers today—from navigating the complexities of H.R.1 and its impact on the Investment Tax Credit for solar, to identifying the biggest challenges and opportunities in the current development landscape. Being GDEV's first investment holds special meaning for us. Their early confidence in our vision helped us grow into who we are today, and we're grateful to be part of a portfolio of developers pushing the industry forward.
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🚚⚡Our construction management team successfully loaded, transported, and delivered main power transformers to our Cider solar project last week. These 400,000-pound giants traveled nearly 1,000 miles across the U.S. to their permanent home, where they will step up the voltage from the solar inverters to grid-ready levels at New York’s largest solar farm. #Greenbackerportfolio #EnergyTransitionInvesting #SustainableInfrastructure
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Greenbacker reposted this
As EV charging becomes a must-have amenity in multifamily homes, 3V Infrastructure is making at-home charging more accessible. 🎉 Through its partnership with The Solomon Organization, 3V will fund, install and operate smart Level 2 EV charging infrastructure powered by SWTCH – providing convenient, at-home charging for thousands of residents across 60 multifamily properties across the U.S. 🔌🚗
3V Infrastructure is partnering with The Solomon Organization to bring EV charging to residents nationwide. We’re rolling out smart Level 2 charging powered by SWTCH at more than 60 multifamily properties across the U.S., providing thousands of residents with reliable, at-home charging. We built 3V to remove the financial and operational barriers to EV charging for property owners. Partnerships like this prove the model works: Solomon residents will get the amenity they want, and Solomon provides it without the capital outlay or operational burden. Read more here 👉🏼 https://lnkd.in/eVmDeGJb
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