This comes after the IPP received siting permit and a formal notice to proceed with construction from the New York Office of Renewable Energy Siting and Transmission (ORES).
Independent power producer (IPP) Greenbacker Renewable Energy Company has secured US$950 million in aggregate financing to support the acquisition, construction and operation of a 500MWac solar PV power plant being pursued in the state of New York, US.
Renewables asset manager Greenbacker Capital Management (GCM) has completed a US$148 million tax equity financing commitment with RBC Community Investment.
The New York renewables asset manager will refocus on C&I and utility-scale assets after offloading 27.6MW of rooftop PV to San Francisco's Spruce Finance.
Greenbacker Renewable Energy Company, through a wholly-owned subsidiary, has signed the rights to an approximately 110MW portfolio of solar projects located in Greene and Albany counties, New York, from Hecate Energy.
The firm’s new acquisitions were unveiled just one day after reports emerged that it plans to sell a 39MW utility-scale North Carolina PV portfolio to London-headquartered US Solar Fund.
Innergex's Phoebe Solar project in western Texas will be one of the largest solar farms in the US, with 250MW capacity split between Shell Energy North America and the merchant market.
Duke Energy Florida has completed an 8.8MW PV project in Suwannee County, Florida — with the project featuring nearly 44,000 solar panels developed over 28 hectares of land.
India is reaching out to its renewables R&D contributors to create a roadmap, Dominion has purchased a solar power system in Virginia, TerraForm Power has an extension to regain compliance with its Nasdaq listing.
