Greenbacker Capital Management’s largest clean energy asset to date enters commercial operation
NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greenbacker Capital Management (“GCM” or, together with its affiliates, “Greenbacker”), a leading renewable energy asset manager, announced today that its 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 (“Appaloosa”) project has entered commercial operation in Iron County, Utah.
- NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greenbacker Capital Management (“GCM” or, together with its affiliates, “Greenbacker”), a leading renewable energy asset manager, announced today that its 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 (“Appaloosa”) project has entered commercial operation in Iron County, Utah.
- With more than twice the power generation capacity of its sister project— Greenbacker Renewable Energy Company’s 104 MWdc / 80 MWac Graphite Solar in Carbon County, Utah—Appaloosa is now Greenbacker’s largest operational clean energy asset to date.
- While the project represents a new milestone for GCM and minority owner rPlus Energies, LLC (“rPlus”), it’s also a landmark for the clean energy industry.
- The project began delivering solar energy on January 24, 2024, helping contribute to Meta’s 100% renewable energy and net zero goals.