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Greenbacker Secures $76 Million Credit Agreement With Fifth Third Bank And Pnc Capital Markets

Greenbacker Secures $76 Million Credit Agreement With Fifth Third Bank And Pnc Capital Markets

04/19/22, 10:21 AM
Money raised
$76 million
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.

Company Info

Company
Greenbacker
Additional Info
Greenbacker manages capital for investors in the sustainable infrastructure sector. We invest in projects that generate clean electricity while promoting efficiency and energy independence.