Aug. 16, 2021

Greenbacker Renewable Energy Company Acquires New York Solar Projects totaling 40 MWac

Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it purchased two utility-scale solar projects from Hecate Energy LLC (“Hecate”). The acquisitions of Hecate Energy Albany 1 LLC (“Albany 1”) and Hecate Energy Albany 2 LLC (“Albany 2”), both 20 MWac, showcase Greenbacker’s continued expansion into New York—a market where supportive policy and recent developments provide a compelling backdrop for renewable energy investment.

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