Greenbacker Capital Management's largest clean energy asset to date enters commercial operation [Yahoo! Finance]
PACIFICORP(OREG) 6 PR (PPWLO)
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Source: Yahoo! Finance
Greenbacker's 240 MWdc / 200 MWac utility-scale solar project Greenbacker's largest operating solar asset Greenbacker's 240 MWdc / 200 MWac utility-scale solar project NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greenbacker Capital Management (“GCM” or, together with its affiliates, “Greenbacker”), a leading renewable energy asset manager, announced today that its 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 (“Appaloosa”) project has entered commercial operation in Iron County, Utah. With more than twice the power generation capacity of its sister project— Greenbacker Renewable Energy Company's 104 MWdc / 80 MWac Graphite Solar in Carbon County, Utah—Appaloosa is now Greenbacker's largest operational clean energy asset to date. While the project represents a new milestone for GCM and minority owner rPlus Energies, LLC (“rPlus”), it's also a landmark for the clean energy industry. The financing for Appaloosa marked one of the first tax equity transactions to utilize the
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