Greenbacker Renewable Energy Company LLC announced today that through a wholly-owned subsidiary it signed a definitive agreement on August
“With the cost of solar power declining, the industry is experiencing remarkable growth as communities and businesses throughout America seek to reduce their use of fossil fuels in favor of clean, affordable, renewable energy,” stated Charles Wheeler, CEO of Greenbacker. “We are excited to add these high-quality assets to our portfolio and their long term contractual power purchase agreements help provide stability and predictability of future cash flows.”
Greenbacker is a publicly registered, non-traded limited liability company that expects to acquire a diversified portfolio of income-producing renewable energy power plants, energy efficiency projects and other sustainable investments.
Photo: Installation by Colorado Solar Inc.