Greenbacker Secures $76 Million Credit Agreement With Fifth Third Bank And Pnc Capital Markets
Amount Raised
$76 Million
Round Type
Debt Financing
New YorkEnergyRenewable EnergySolarBiomass EnergyDescription
Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading owner and operator of sustainable infrastructure and energy efficiency projects, has entered into a senior credit agreement of $76.3 million with joint lead arrangers Fifth Third Bank, National Association, and PNC Capital Markets LLC. Morgan Stanley Renewables Inc. served as tax equity investor. Fifth Third Bank also served as administrative agent.
Quick answer
Greenbacker raised $76 Million in a Debt Financing round, dated April 19, 2022. Greenbacker is based in New York, United States.
- How much did Greenbacker raise?
- Greenbacker raised $76 Million in a Debt Financing round on April 19, 2022.
- What does Greenbacker do?
- Greenbacker Renewable Energy Company LLC is a leading independent power producer and renewable energy asset manager.
- Where is Greenbacker based and how big is it?
- Greenbacker is based in New York, United States.
- Who are the decision-makers at Greenbacker?
- Fundz holds 1 contact at Greenbacker. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Greenbacker that raised within 45 days of this round, from Fundz verified event records.
- Engie raised $800M (Funding Round) on March 31, 2022.
- Sunrock Distributed Generation raised $10M on May 27, 2022.
- RE Royalties Ltd raised $1.3M (Seed) on May 26, 2022.
- Naked Energy raised $1.9M (Seed) on May 20, 2022.
- Altius Renewable Royalties Corporation raised an undisclosed amount on May 4, 2022.
- Eos Energy Enterprises raised $200M (Funding Round) on April 28, 2022.
Who to call at Greenbacker, and when
A new round usually means Greenbacker is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Greenbacker raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Greenbacker, from your own LinkedIn network
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Related People
Greenbacker raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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