Greenbacker Capital

OverviewSuggest Edit

Greenbacker Capital is a renewable energy company that funds solar, wind, co-generation, and other alternative energy projects.
TypePrivate
Founded2010
HQPortland, ME, US
Websitegreenbackercapital.com
Employee Ratings5

Latest Updates

Employees (est.) (Nov 2021)137(+3%)
Revenue (FY, 2020)$24.4 M(+31%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Greenbacker Capital

Richard Butt

Richard Butt

Chief Financial Officer, Executive Committee
Michael Cunningham

Michael Cunningham

Vice President, Technical Accounting
Paul del Mar

Paul del Mar

Director, Special Projects
Spencer Mash

Spencer Mash

Executive Vice President, Structured Finance and Executive Committee
Jeff Denovan

Jeff Denovan

Vice President, Construction
Bailey Plummer

Bailey Plummer

Vice President, Investments
Show more

Greenbacker Capital Office Locations

Greenbacker Capital has offices in Portland, Denver, Kansas City, Montpelier and in 1 other location
Portland, ME, US (HQ)
30 Danforth St #206
Denver, CO, US
1001 Bannock St
Kansas City, MO, US
430 W 7th St, Kansas City
Kansas City, MO, US
Kansas City
Montpelier, VT, US
64 Main St
New York, NY, US
230 Park Ave #1560
Show all (6)

Greenbacker Capital Financials and Metrics

Summary Metrics

Founding Date

2010
Show all financial metrics

Greenbacker Capital Revenue

Greenbacker Capital's revenue was reported to be $24.43 m in FY, 2020
USD

Revenue (Q1, 2021)

6.2m

Cash (30-Jun-2020)

19.5m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

38.3k1.9m8.2m13.4m19.5m18.8m24.4m

Cost of goods sold

2.4m

Gross profit

17.1m

Gross profit Margin, %

88%
Quarterly
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Accounts Payable

237.4k114.0k95.8k(23.5k)327.0k(307.9k)162.4k

Cash From Operating Activities

(2.7m)(47.1m)(61.2m)(73.7m)(91.5m)(139.2m)(104.7m)

Short-term Borrowings

(10.1m)(6.3m)(13.7m)(14.3m)(16.6m)

Dividends Paid

2.0m6.7m(11.4m)(17.7m)(25.9m)(31.0m)
Show all financial metrics

Greenbacker Capital Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Greenbacker Capital Online and Social Media Presence

Embed Graph

Greenbacker Capital News and Updates

Greenbacker Capital names Mehul Mehta as Chief Investment Officer

Leader in deal origination is promoted for contributions to firm’s five-year growth Leader in deal origination is promoted for contributions to firm’s five-year growth

Greenbacker Capital Announces Investment in Commonwealth Energy Partners

Greenbacker’s Strategic Investment Will Support a 1-Gigawatt Pipeline of Solar and Storage Projects in the Commonwealth of Virginia Greenbacker’s Strategic Investment Will Support a 1-Gigawatt Pipeline of Solar and Storage Projects in the Commonwealth of Virginia

Community Blade Signing Marks Final Phase of Construction for RoxWind, a Greenbacker Renewable Energy Company Project

Maine wind farm is dedicated to local renewable energy proponent and political figure, John G. Richardson, Jr. Maine wind farm is dedicated to local renewable energy proponent and political figure, John G. Richardson, Jr.

Greenbacker Renewable Energy Company Acquires 57.5 MW Wind Farm in San Francisco Bay Area

New York, NY, June 24, 2021 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (GREC), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it purchased the Altamont Winds Project from funds m…

Greenbacker, rPlus Energies and Sundt Construction Break Ground on Major New Solar Project in Carbon County, Utah

New York, NY, May 25, 2021 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company (Greenbacker), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that rPlus Energies, a Utah-based developer of modern power plants, recently broke ground on…

Greenbacker Delivers Annual Results, Highlighting First-Quarter Expansions and New Investment

New York, NY, May 21, 2021 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (“Greenbacker” or the “Company”) a leading investment vehicle holding sustainable infrastructure investments for registered investment adviser firms, wirehouses, independent broker-dealers, family offices, and …
Show more

Greenbacker Capital Blogs

Greenbacker Delivers Third Quarter Results

A number of positive trends were evident, both on a quarter-over-quarter basis and on a year-over-year basis. The post Greenbacker Delivers Third Quarter Results appeared first on Greenbacker Capital.

Borrego’s EPC Team Partners with Greenbacker on Two Utility-Scale Solar Projects in Montana and South Dakota

Borrego, a leading developer, EPC and O&M provider for large-scale renewable energy projects throughout the United States, announced today that it has been selected by Greenbacker Renewable Energy Company LLC (GREC or Greenbacker), a leading owner and operator of sustainable infrastructure and e…

Greenbacker Renewable Energy Company LLC acquires pair of operational wind assets in Minnesota totaling 30.7 MWdc

With these projects—Ridgewind (25.3 MWdc) and WindShare (5.4 MWdc)—Greenbacker continues to expand its presence in the state and diversify its wind portfolio in the Midwest. The post Greenbacker Renewable Energy Company LLC acquires pair of operational wind assets in Minnesota totaling 30.7 MWdc app…

David Sher, Co-CEO of Greenbacker, talks about the trends transforming the future of the renewable energy asset class

David Sher discusses the opportunities he sees shaping the future of the renewable energy industry and the crucial role direct investment in sustainable infrastructure will play in addressing the climate crisis. The post David Sher, Co-CEO of Greenbacker, talks about the trends transforming the futu…

At Altamont Pass in Alameda County, East Bay Community Energy Brings 57 MW of Local Clean Energy Online

The Scott Haggerty Wind Energy Center is home to 23 new 2.5-MW turbines which will power more than 47,000 homes in EBCE’s district each year Livermore, California, September 27, 2021 — Today at Altamont Pass in Livermore, California, East Bay Community Energy (EBCE), one of California’s most success…

Greenbacker Renewable Energy Company Acquires 41-MW solar asset in Michigan

New York, NY, September 7, 2021 (GLOBE NEWSWIRE) -- 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 Heathlands, a 41-MW…
Show more

Greenbacker Capital Frequently Asked Questions

  • When was Greenbacker Capital founded?

    Greenbacker Capital was founded in 2010.

  • Who are Greenbacker Capital key executives?

    Greenbacker Capital's key executives are Richard Butt, Michael Cunningham and Paul del Mar.

  • How many employees does Greenbacker Capital have?

    Greenbacker Capital has 137 employees.

  • What is Greenbacker Capital revenue?

    Latest Greenbacker Capital annual revenue is $24.4 m.

  • What is Greenbacker Capital revenue per employee?

    Latest Greenbacker Capital revenue per employee is $178.3 k.

  • Who are Greenbacker Capital competitors?

    Competitors of Greenbacker Capital include Sunlight Financial, Enyo Renewable Energy and NEOSUN.

  • Where is Greenbacker Capital headquarters?

    Greenbacker Capital headquarters is located at 30 Danforth St #206, Portland.

  • Where are Greenbacker Capital offices?

    Greenbacker Capital has offices in Portland, Denver, Kansas City, Montpelier and in 1 other location.

  • How many offices does Greenbacker Capital have?

    Greenbacker Capital has 6 offices.