Global Infrastructure SherpaU.S. Bank Provides Tax Equity for Greenbacker Renewable Energy Company's Solar Portfolio
U.S. Bank provided tax equity financing to Greenbacker Renewable Energy Company to support its portfolio of solar energy projects. This investment will help Greenbacker expand its renewable energy footprint.
Source Intelligence
The Cider solar project is located in Genesee County, New York. Quote: "a 674 MWdc / 500 MWac utility-scale solar farm located in Genesee County, New York."
"Greenbacker Renewable Energy Company LLC (“Greenbacker”), an energy transition-focused investment manager and independent power producer, today announced the successful closing of the $440 million Tax Equity Commitment from U.S. Bank and M&T Bank for the Cider solar project"
"Greenbacker completes $440 million tax equity financing for the 674 MW Cider solar project — the largest in New York State"
"Greenbacker completes $440 million tax equity financing for the 674 MW Cider solar project — the largest in New York State"