Greenbacker concludes financing for 50.8 MW US wind projects
Date
December 13, 2019
Type
Projects
Subtype
Financial close
Countries
(USA) United States of America
Subsectors
Onshore Wind
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Greenbacker Renewable Energy Company LLC, on November 22, 2019, has completed a US$68,000,000 debt financing agreement with Bayerische Landesbank (BayernLB). The debt will be placed on a portfolio of three operating wind assets, two of which were previously unlevered.
The portfolio consists of the 10 MW Georgia Mountain Community Wind asset, the 10 MW Fossil Gulch asset, and the recently acquired 30.8 MW Community Wind South asset.
Pricing details for the agreement were not disclosed.
