Greenbacker concludes financing for 50.8 MW US wind projects

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

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.

List of the country updates

Country updates

  • December 12, 2019

    PPA approved for $1bn solar and storage project in USA

    Quinbrook Infrastructure Partners ("Quinbrook"), a global investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management, announ...

    Read more
  • December 12, 2019

    ALLETE Clean Energy starts operation of 106 MW wind project in North Dakota

    ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE, has completed the development of its Glen Ullin Energy Center located about 40 miles west of Bismarck, North Dakota. The wind project produces...

    Read more
  • December 11, 2019

    University of Illinois signs PPA for 12.1 MW solar project of Capital Dynamics and Sol Systems

    Prairieland Energy Inc (PEI), a University of Illinois-related organization, has signed a 20-year power purchase agreement (PPA) with Capital Dynamics and Sol Systems for the energy produced of t...

    Read more
  • December 10, 2019

    PSO gains approval for North Central Wind Energy project

    Public Service Company of Oklahoma (PSO) has reached a settlement agreement with the Public Utility Division Staff of the Oklahoma Corporation Commission (OCC), OklahomaAttorney General...

    Read more
  • December 06, 2019

    Consumers Energy commissions 76 MW Cross Winds III wind farm in Tuscola County

    Consumers Energy' Cross Winds Energy Park Phase III in Tuscola County has begun serving customers and contributing 76 new megawatts of clean, renewable energy in Michigan. Consumers Energy's Clean En...

    Read more

Share this update