Tag: Greenbacker Renewable Energy
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VPPs are an emerging investment asset class
The fast pace of recent solar + storage-based virtual power plant (VPP) rollouts across the country is leading to the emergence of new asset class for institutional investors, say players in the field. Virtual power purchase agreements (VPPA) have all the security of a traditional utility PPA, but depending on the system design, the benefits… View Article
— Solar Builder magazine
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Advantage Capital Solar Partners completes financing on two C&I solar projects (Colorado and Maryland)
Advantage Capital Solar Partners III completed solar investment tax credit financing on two commercial and utility (C&I) solar projects, representing 5 megawatts in generating capacity in Colorado and Maryland. “We are proud to partner with Greenbacker, a leading renewable energy owner and operator,” stated Carl Weatherley-White, managing director and headRead More
— Solar Builder magazine
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McCarthy Building Companies begins construction on Turquoise Solar project in Nevada
McCarthy Building Companies Inc. recently began construction on a large-scale solar tracker project in Sparks, Nev. The Turquoise Solar project encompasses a 61 MWdc solar farm located on approximately 180 acres in Washoe County, Nev. Greenbacker Renewable Energy Company, a utility-scale solar energy development company, received the green light to proceedRead More
— Solar Builder magazine
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Greenbacker and Encore Renewable Energy reach agreement on a 14 project solar portfolio sale
Through a wholly-owned subsidiary, Greenbacker Renewable Energy Company LLC signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phasedown scheduledRead More
— Solar Builder magazine
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Under Armour goes solar via 3-MW Sol Systems, Greenback project
Under Armour joins the ranks of corporations prioritizing renewable energy and sustainability goals. Increasingly, top U.S. corporations like Under Armour are choosing solar to power their operations, save on electricity, and reduce their carbon emissions. In fact, corporations drove nearly 25% of the total amount of solar energy capacity thatRead More
— Solar Builder magazine