Greenbacker Renewable Energy Company LLC (GREC), through a wholly-owned subsidiary, purchased a to-be-constructed 80 MW solar project from Broad Reach Power LLC.
The project, Fall River Solar, is located in Fall River County, South Dakota, and has a 20-year Power Purchase Agreement (PPA) in place with the investment-grade utility Black Hills Power, Inc. (BHP).
Greenbacker will oversee the construction of the project which is expected to reach COD in Q4 2022.