Once just regarded as small rooftop solar assets, the distributed generation sector is becoming the target of #infrastructurefunds in the US. We find out why. Zak Bentley #Renewables #GPs #Energy #EnergyTransition
Greenbacker
Financial Services
New York, NY 14,585 followers
Empowering a sustainable world by connecting individuals and institutions with investments in clean energy.
About us
Greenbacker Renewable Energy Company is an independent power producer (IPP) and a leading climate-focused investment manager (IM), whose mission is to empower a sustainable world by connecting individuals and institutions with investments in clean energy. Since our founding in 2011, we’ve grown to over 180 employees in four offices—New York City, Portland, ME, Denver, CO, and Montpelier, VT—and other individual locations across the US, and have positioned ourselves as a market leader in energy transition, renewable energy, and sustainable infrastructure investments. Greenbacker’s IPP business segment acquires, owns, and operates income-producing clean energy infrastructure projects (e.g., solar energy, wind power, energy storage) in communities across the country. These assets sell power under long-term contracts to high-credit-quality counterparties, including utilities, municipalities, and corporations. As of 2023, our IPP fleet comprises over 450 projects, representing 3.4 gigawatts of total clean energy production and storage capacity. Within our IM business segment, Greenbacker Capital Management (GCM) serves as the registered investment adviser to five funds focused on green power generation and the energy transition, including private equity investment in growth-stage clean energy companies, across a wide range of sustainable infrastructure and renewables sectors. Greenbacker is committed to the full inclusion of all qualified individuals. As part of this commitment, Greenbacker will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Nicole Giangiulio (nicole.giangiulio@greenbackercapital.com). Please visit www.greenbackercapital.com to learn more about our company, mission, team, and portfolios.
- Website
-
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
-
Primary
230 Park Ave
Suite 1560
New York, NY 10169, US
Employees at Greenbacker
Updates
-
Join us in extending a warm welcome to Ron Stimmel, who has joined Noria Energy as CEO to supercharge growth and strategic partnerships as the global floating solar PV market continues to grow. “Ron’s strategic vision and expertise will be invaluable as we continue to grow and evolve in the floating solar market,” Greenbacker Principal and Noria board member Quinn Pasloske said. “We are confident that under his leadership, Noria is well positioned to grow and drive innovative advancements.” More on how Noria is spearheading the next generation of renewable energy projects to generate long-term value for businesses and communities:
Noria Energy Appoints Ron Stimmel as Chief Executive Officer to Lead the Company’s Next Phase of Strategic Growth and Innovation
globenewswire.com
-
And that’s a wrap! Greenbacker Principal Quinn Pasloske joined Reuters Global Energy Transition 2024 to discuss the sweet spot of energy transition investing. Alongside Apollo Global Management, Inc., Blackstone, HASI and Weil, Gotshal & Manges LLP, Quinn shared Greenbacker’s approach to finding the next investments in battery storage, waste-to-value, biofuels, utility-scale solar and more. “While your stable assets are more accretive now, there's a lot more capital piling into that that is driving the top of the range down,” Quinn told the audience. “We are having to evolve in our thinking and go after some of these leading-edge industries and asset classes that we think are going to be in vogue in two or three years.” Thank you to Reuters for the invite; we’re already counting down to next year’s event! 🌍 #GET24
-
-
Greenbacker's employee resource group, GreenbackQueer, recently sponsored an interoffice celebration in honor of Pride month. At the end of the workday, Greenbackers across all office locations enjoyed refreshments, including the historically significant "Anita Bryant" cocktail. GreenbackQueer supports LGBTQIA+ interests, culture, and community, and aims to create space for both members of (and allies to) the queer community at Greenbacker.
-
-
Greenbackers at our Vermont office recently participated in the annual Green Up Vermont Day event, where volunteers dedicated their time to promote stewardship of natural landscape and waterways. This is the fifth year Greenbacker has participated, and the team collected approximately 1,000 pounds of trash to help beautify Roxbury Mountain Road. #VTO
-
-
With the first close of its equity raise, hydropower redeveloper Relevate Power secures $15M led by Greenbacker and Aegon Real Assets, an affiliate of Aegon Asset Management to triple its footprint by the end of 2024.
Relevate Power Secures $15 Million Initial Investment from Greenbacker Capital Management and an affiliate of Aegon Asset Management
globenewswire.com
-
Greenbacker is proud to partner with Donahue & Sons to help manage the pollinator habitat and other vegetation planted among the panels at our #solarenergy assets, including the 2 MW Catholic Charities solar farm in Washington, DC pictured here. Donahue & Sons are a family-owned and operated business, whose approach to land maintenance and management aligns with Greenbacker's goal to be a good steward of the environment, which includes implementing agrivoltaics at sites across our fleet. #pollinatorweek
-
-
Greenbackers at the NYC office recently took part in the J.P. Morgan Corporate Challenge! This was the 45th running of the event in Manhattan, where participants raced through a 3.5-mile course in Central Park. Proceeds raised by the event were donated to the Central Park Conservancy.
-
-
With the demand for green fuels rapidly increasing, Nexus PMG has invested in Saola Energy, a leading provider of advanced technology and engineering solutions for manufacturers in the renewable fuels industry, to scale offerings for biofuels including ethanol.
Low-Carbon Infrastructure Advisory Firm Nexus PMG and Saola Energy Scale Offerings to Meet Green Fuel Market Demand
prnewswire.com