Greenbacker

Congratulations to?Perennial Power Holdings, Inc.?which has established a joint venture with our portfolio company?CEP Solar (Commonwealth Energy Partners). ? “Since our initial investment in Commonwealth Energy Partners in 2021, the company has scaled rapidly to advance its pipeline of scale-diversified solar and storage projects in Virginia. We believe Perennial Power’s success in developing and operating renewable infrastructure projects best positions it as the ideal partner to support Commonwealth’s growing pipeline.” - Trixie (Ligon) Blair, Principal at Greenbacker Capital Management’s Development Opportunities Fund I. ? Congrats to the entire Commonwealth Energy Partners team, and we’re excited to see how this joint venture will lead to more solar and storage projects in Virginia! Learn more here: https://lnkd.in/g9a9UUx2

Great to see our portfolio company, Lightshift Energy, recently featured in Canary Media Inc. for their success in enhancing grid resiliency in Massachusetts. As we navigate this year’s active hurricane season, backup power for community facilities—especially schools—has never been more important. That’s exactly why Lightshift is developing a microgrid to support two local schools in Wakefield, MA, to ensure safe and reliable energy access in the event of unexpected outages. Read more from Jeff St. John on how Lightshift is working with Wakefield to install grid-connected battery storage.?

Our portfolio company 3V Infrastructure is already making waves with its agreement?with?Camden Property Trust?to deploy EV charging stations across Camden’s property portfolio. We are thrilled to see the progress the 3V Infrastructure team is making in expanding access to at-home charging across the U.S.? ? Read more about the relationship with 3V and Camden here:?https://lnkd.in/eEGgKhn8

Greenbacker is pleased to announce it has added two new senior business development team?members,?Adam Evans, CAIA, CIMA?,?and?John Hennessey, who broaden Greenbacker’s ability to offer individual and institutional investors the opportunity—across all distribution channels—to participate in the energy transition. "With Greenbacker’s evolving set of strategies, the timing couldn't be better to add these two individuals, and their wealth of experience, to the distribution side of our business,” said Brandon Praznik, Greenbacker’s Executive Vice President of Business Development. “The strategic additions of Adam and John bolster our capital raising efforts as Greenbacker seeks to execute on its growth targets and capitalize on the energy transition opportunity set for our investors.”

We're proud to partner with organizations supporting their local communities, like Keep the Lights on Colorado and Namaste Solar!

During a jam-packed #ClimateWeekNYC, we hosted a happy hour bringing together our team, portfolio and partners. A huge thank you to everyone who swung by to grab a drink or a bite with us. We look forward to continuing conversations in NY again next year about all things renewable energy and sustainable infrastructure.?

Greenbacker owned clean energy projects are hard at work every day, delivering clean energy to communities across the country (including the pictured 104 MW Graphite Solar asset in Carbon County, Utah). To date, our fleet has produced clean energy equivalent to 7.4 million metric tons of carbon abatement. #climateweek #cleanenergy?

Don’t miss Benjamin Baker, Managing Director of Greenbacker Development Opportunities Fund, on a panel hosted by talisman during NY Climate Week. Ben will explore the critical topic of scaling climate infrastructure in today’s evolving political and economic landscape. ?? What: This is a must-attend event for infrastructure investors, founders, and industry leaders looking to learn more about what’s on the horizon for green infrastructure. ??Speakers: Experts from OIC, Moelis & Company, Planeteer Capital and Talisman Advisory Partners ?? Event Details: Thursday, September 26, 5-8 PM ET in New York City Register here for the last remaining tickets to the panel and Q&A session: https://lu.ma/x0vsvjuo

S&P Global recently asked Greenbacker’s Head of Capital Markets Carl Weatherley-White to share his thoughts on how the Fed’s recent rate cut would impact renewables financing. “For Greenbacker Capital Management … interest rates do not ‘make or break deals’ because … of financing hedges” managing director Carl Weatherley-White said.”

Last week, Greenbacker Development Opportunity Fund Managing Director Benjamin Baker took the stage at IJGlobal’s #REFFWallStreet in New York for a panel on financing distributed generation for residential solar.? During the panel alongside Encore Renewable Energy, Nautilus Solar Energy, LLC, Scale Microgrids and S2G Ventures, Ben weighed in on:? ??The demand and pace of deployment for residential solar;? ??Why inflation has boosted community solar; and ??How community solar can be used to connect distribution lines. Thank you to the organizers at IJ Global for hosting us at the beautiful Metropolitan Club in New York.?