![\"\"](\"https://greenbackercapital.com/wp-content/uploads/2021/11/4A3A6612-1024x683.jpg\")
Acquisition is among the company\u2019s largest to date
\n\n\n\nNew York, NY, March 3, 2022 — Greenbacker Renewable Energy Company LLC (\u201cGREC\u201d or \u201cGreenbacker\u201d), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased a 49% financial interest in the 150-MW operating Aurora solar portfolio from BlackRock Global Renewable Power Fund II (\u201cBlackRock\u201d). The portfolio, which comprises 16 solar projects in the Minneapolis-St. Paul area, represents one of Greenbacker\u2019s single largest acquisitions to date.
\n\n\n\nWith this transaction, GREC continues to scale up its national clean energy investments and build out its presence in a state with a proven track record of supporting renewables. Over the last 15 years, renewable energy\u2013generated electricity usage has increased from 6% to 24% in Minnesota,1 which has the goal of making renewables 25% of its total energy use by 2025.2
\n\n\n\n\u201cAurora represents a huge stride in expanding our presence in the renewable energy asset class,\u201d said Charles Wheeler, CEO of GREC. \u201cWe\u2019re very happy that our successful collaboration with BlackRock and Enel Green Power North America is contributing to Minnesota\u2019s important clean energy goals, and we look forward to partnering with them again in the future.\u201d
\n\n\n\nAurora has a long-term power purchase agreement in place with a creditworthy offtake counterparty. Projects with high-credit-quality offtakers contribute to Greenbacker\u2019s strategy of owning renewable energy assets with reliable long-term revenue. All of Aurora\u2019s component projects reached commercial operation between the fourth quarter of 2016 and second quarter of 2017, and each has a clean power\u2013generating capacity between five and 15 MWdc.
\n\n\n\nThe project\u2019s original developer, Enel Green Power North America, holds the remaining 51% majority ownership.
\n\n\n\nGreenbacker\u2019s fleet of sustainable infrastructure projects comprises approximately 2.6 GW of generating capacity (including Aurora and assets that are to be constructed). Since 2016, Greenbacker\u2019s real assets have produced approximately 3.4 million megawatt-hours3 of clean energy, abating 2.4 million metric tons of carbon.4 Today these projects support 3,200 green jobs.5
\n\n\n\n1 Governor Walz, Lieutenant Governor Flanagan, House and Senate DFL Energy Leads Announce Plan to Achieve 100 Percent Clean Energy in Minnesota by 2040, Minnesota state website, January 21, 2021.
\n\n\n\n2 State of Minnesota progress on clean energy goals published in Department of Commerce report, Minnesota state website, June 10, 2021.
\n\n\n\n3 Data is as of September 30, 2021.
\n\n\n\n4 Carbon abatement is calculated using the EPA Greenhouse Gas Equivalencies Calculator which uses the AVoided Emissions and geneRation Tool (AVERT) US national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. Data is as of September 30, 2021.
\n\n\n\n5 Green jobs are calculated from the International Renewable Energy Agency‘s measurement that one megawatt of renewable power supports 3.8 jobs. Data is as of September 30, 2021.
\nThe post Greenbacker acquires financial interest in 150 MW operating solar portfolio in Minnesota appeared first on Greenbacker Capital.
\n", "content_text": "Acquisition is among the company\u2019s largest to date\n\n\n\nNew York, NY, March 3, 2022 — Greenbacker Renewable Energy Company LLC (\u201cGREC\u201d or \u201cGreenbacker\u201d), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased a 49% financial interest in the 150-MW operating Aurora solar portfolio from BlackRock Global Renewable Power Fund II (\u201cBlackRock\u201d). The portfolio, which comprises 16 solar projects in the Minneapolis-St. Paul area, represents one of Greenbacker\u2019s single largest acquisitions to date.\n\n\n\nWith this transaction, GREC continues to scale up its national clean energy investments and build out its presence in a state with a proven track record of supporting renewables. Over the last 15 years, renewable energy\u2013generated electricity usage has increased from 6% to 24% in Minnesota,1 which has the goal of making renewables 25% of its total energy use by 2025.2\n\n\n\n\u201cAurora represents a huge stride in expanding our presence in the renewable energy asset class,\u201d said Charles Wheeler, CEO of GREC. \u201cWe\u2019re very happy that our successful collaboration with BlackRock and Enel Green Power North America is contributing to Minnesota\u2019s important clean energy goals, and we look forward to partnering with them again in the future.\u201d\n\n\n\nAurora has a long-term power purchase agreement in place with a creditworthy offtake counterparty. Projects with high-credit-quality offtakers contribute to Greenbacker\u2019s strategy of owning renewable energy assets with reliable long-term revenue. All of Aurora\u2019s component projects reached commercial operation between the fourth quarter of 2016 and second quarter of 2017, and each has a clean power\u2013generating capacity between five and 15 MWdc.\n\n\n\nThe project\u2019s original developer, Enel Green Power North America, holds the remaining 51% majority ownership.\n\n\n\nGreenbacker\u2019s fleet of sustainable infrastructure projects comprises approximately 2.6 GW of generating capacity (including Aurora and assets that are to be constructed). Since 2016, Greenbacker\u2019s real assets have produced approximately 3.4 million megawatt-hours3 of clean energy, abating 2.4 million metric tons of carbon.4 Today these projects support 3,200 green jobs.5\n\n\n\n1 Governor Walz, Lieutenant Governor Flanagan, House and Senate DFL Energy Leads Announce Plan to Achieve 100 Percent Clean Energy in Minnesota by 2040, Minnesota state website, January 21, 2021.\n\n\n\n2 State of Minnesota progress on clean energy goals published in Department of Commerce report, Minnesota state website, June 10, 2021.\n\n\n\n3 Data is as of September 30, 2021.\n\n\n\n4 Carbon abatement is calculated using the EPA Greenhouse Gas Equivalencies Calculator which uses the AVoided Emissions and geneRation Tool (AVERT) US national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. Data is as of September 30, 2021.\n\n\n\n5 Green jobs are calculated from the International Renewable Energy Agency‘s measurement that one megawatt of renewable power supports 3.8 jobs. Data is as of September 30, 2021.\nThe post Greenbacker acquires financial interest in 150 MW operating solar portfolio in Minnesota appeared first on Greenbacker Capital.", "date_published": "2022-03-03T09:58:37+00:00", "date_modified": "2022-08-30T20:12:15+00:00", "authors": [ { "name": "GCM", "url": "https://greenbackercapital.com/author/chris-larsongreenbackercapital-com/", "avatar": "https://secure.gravatar.com/avatar/4c3ca5eedec27f29c7289294aef1d410?s=512&d=mm&r=g" } ], "author": { "name": "GCM", "url": "https://greenbackercapital.com/author/chris-larsongreenbackercapital-com/", "avatar": "https://secure.gravatar.com/avatar/4c3ca5eedec27f29c7289294aef1d410?s=512&d=mm&r=g" }, "tags": [ "Minnesota", "GREC", "Press" ], "summary": "Greenbacker has purchased a 49% financial interest in the 150-MW operating Aurora solar portfolio from BlackRock Global Renewable Power Fund II. The portfolio, which comprises 16 solar projects in the Minneapolis-St. Paul area, represents one of Greenbacker\u2019s single largest acquisitions to date. With this transaction, GREC continues to scale up its national clean energy investments and build out its presence in a state with a proven track record of supporting renewables." }, { "id": "https://greenbackercapital.com/?p=3028", "url": "https://greenbackercapital.com/2021/11/greenbacker-announces-acquisition-of-11-3-mwdc-solar-project-in-minnesota/", "title": "Greenbacker announces acquisition of 11.3 MWdc solar project in Minnesota", "content_html": "\nProject sites showcase company\u2019s land stewardship goals with plans for sheep grazing and pollinator planting
\n\n\n\nNew York, NY, November 8, 2021 (GLOBE NEWSWIRE) \u2014 Greenbacker Renewable Energy Company LLC (\u201cGREC\u201d or \u201cGreenbacker\u201d), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased a pre-operational 11.3-MWdc solar project from OneEnergy Renewables (\u201cOneEnergy\u201d). The Fillinona project, which is located on four separate sites across Minnesota, builds out Greenbacker\u2019s operations in a state with robust clean energy goals.
\n\n\n\nThe project illustrates Greenbacker\u2019s holistic approach to land management at its renewable energy assets. Two of its sites, Stockton and Fountain, will have pollinator-friendly vegetation planted beneath the solar panel arrays, to help support declining pollinator populations and contribute to a healthy local biosphere. The other two sites, Hazel (near Lanesboro) and Rushford Village, will be planted to provide grazing for nearby farmers\u2019 sheep.
\n\n\n\nLand for the project is leased from local farm families and towns, generating reliable income for the landowners over the project\u2019s life. Two of the sites are also part of an agreement to sell renewable energy credits to Stonyfield Organic, the country\u2019s leading organic yogurt manufacturer, which has committed to having its dairy supply chain run on 100% renewable electricity by 2025.
\n\n\n\nFillinona is slated to reach commercial operation in the fourth quarter of 2021, producing clean power for Fillmore and Winona counties in southeastern Minnesota. On October 25, 2021, the offtaker utility, MiEnergy Cooperative, hosted an event at the Rushford Village site to commemorate the project\u2019s mechanical completion.
\n\n\n\nThe project was developed and constructed by OneEnergy, a seasoned developer of community and utility-scale solar projects, and represents Greenbacker\u2019s largest direct partnership with the company.
\n\n\n\n\u201cWorking on this project with OneEnergy and Stonyfield, two firms focused on healthy people and a healthy planet, has been a natural fit,\u201d said Charles Wheeler, CEO of GREC. \u201cEnvironmental health is a top priority for us\u2014one that goes hand in hand with being responsible custodians of the land our projects occupy.\u201d
\n\n\n\n\u201cOneEnergy is excited to bring the Fillinona projects into operation and advance our partnership with Greenbacker and MiEnergy\u201d said Eric Udelhofen, Development Director of OneEnergy. \u201cWe appreciate the trust our landowner and community partners have placed in us to see the projects from initial concept to operations, and we look forward to remaining involved as they transition to serving their communities with a dual purpose: clean energy production and ecosystem services.\u201d
\n\n\n\nEach of Fillinona\u2019s four sites have the same long-term power purchase agreement (PPA) with MiEnergy, a rural electric cooperative whose consumers will soon start receiving locally generated clean energy from the project.
\n\n\n\n\u201cIn cooperation with Dairyland Power Cooperative, we\u2019ve been able to enter into this PPA for local, renewable energy within our electric service territory,\u201d said Brian Krambeer, MiEnergy president and CEO. \u201cThe strategic location of the arrays will provide wholesale power cost savings that will benefit all members of our cooperative.\u201d
\n\n\n\nGreenbacker\u2019s fleet of sustainable infrastructure projects comprises approximately 2.2 GW of generating capacity (this includes both Fillinona and assets that are to be constructed). Since 2016, Greenbacker\u2019s real assets have generated 3.0 million megawatt-hours1 of clean energy, abating 2.1 million metric tons of carbon.2 Today these projects support 2,700 green jobs.3
\n\n\n\n1 As of June 30, 2021.
\n\n\n\n2 Carbon abatement is calculated using the EPA Greenhouse Gas Equivalencies Calculator which uses the AVoided Emissions and geneRation Tool (AVERT) US national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. As of June 30, 2021.
\n\n\n\n3 Green jobs are calculated from the International Renewable Energy Agency\u2018s measurement that one megawatt of renewable power supports 3.8 jobs. As of June 30, 2021.
\nThe post Greenbacker announces acquisition of 11.3 MWdc solar project in Minnesota appeared first on Greenbacker Capital.
\n", "content_text": "Project sites showcase company\u2019s land stewardship goals with plans for sheep grazing and pollinator planting\n\n\n\nNew York, NY, November 8, 2021 (GLOBE NEWSWIRE) \u2014 Greenbacker Renewable Energy Company LLC (\u201cGREC\u201d or \u201cGreenbacker\u201d), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased a pre-operational 11.3-MWdc solar project from OneEnergy Renewables (\u201cOneEnergy\u201d). The Fillinona project, which is located on four separate sites across Minnesota, builds out Greenbacker\u2019s operations in a state with robust clean energy goals.\n\n\n\nThe project illustrates Greenbacker\u2019s holistic approach to land management at its renewable energy assets. Two of its sites, Stockton and Fountain, will have pollinator-friendly vegetation planted beneath the solar panel arrays, to help support declining pollinator populations and contribute to a healthy local biosphere. The other two sites, Hazel (near Lanesboro) and Rushford Village, will be planted to provide grazing for nearby farmers\u2019 sheep.\n\n\n\nLand for the project is leased from local farm families and towns, generating reliable income for the landowners over the project\u2019s life. Two of the sites are also part of an agreement to sell renewable energy credits to Stonyfield Organic, the country\u2019s leading organic yogurt manufacturer, which has committed to having its dairy supply chain run on 100% renewable electricity by 2025.\n\n\n\nFillinona is slated to reach commercial operation in the fourth quarter of 2021, producing clean power for Fillmore and Winona counties in southeastern Minnesota. On October 25, 2021, the offtaker utility, MiEnergy Cooperative, hosted an event at the Rushford Village site to commemorate the project\u2019s mechanical completion.\n\n\n\nThe project was developed and constructed by OneEnergy, a seasoned developer of community and utility-scale solar projects, and represents Greenbacker\u2019s largest direct partnership with the company.\n\n\n\n\u201cWorking on this project with OneEnergy and Stonyfield, two firms focused on healthy people and a healthy planet, has been a natural fit,\u201d said Charles Wheeler, CEO of GREC. \u201cEnvironmental health is a top priority for us\u2014one that goes hand in hand with being responsible custodians of the land our projects occupy.\u201d\n\n\n\n\u201cOneEnergy is excited to bring the Fillinona projects into operation and advance our partnership with Greenbacker and MiEnergy\u201d said Eric Udelhofen, Development Director of OneEnergy. \u201cWe appreciate the trust our landowner and community partners have placed in us to see the projects from initial concept to operations, and we look forward to remaining involved as they transition to serving their communities with a dual purpose: clean energy production and ecosystem services.\u201d\n\n\n\nEach of Fillinona\u2019s four sites have the same long-term power purchase agreement (PPA) with MiEnergy, a rural electric cooperative whose consumers will soon start receiving locally generated clean energy from the project.\n\n\n\n\u201cIn cooperation with Dairyland Power Cooperative, we\u2019ve been able to enter into this PPA for local, renewable energy within our electric service territory,\u201d said Brian Krambeer, MiEnergy president and CEO. \u201cThe strategic location of the arrays will provide wholesale power cost savings that will benefit all members of our cooperative.\u201d\n\n\n\nGreenbacker\u2019s fleet of sustainable infrastructure projects comprises approximately 2.2 GW of generating capacity (this includes both Fillinona and assets that are to be constructed). Since 2016, Greenbacker\u2019s real assets have generated 3.0 million megawatt-hours1 of clean energy, abating 2.1 million metric tons of carbon.2 Today these projects support 2,700 green jobs.3\n\n\n\nEric Udelhofen, OneEnergy Renewables\u2019 Director of Development, speaks at Fillinona\u2019s Rushford Village site about the clean energy and ecological benefits the project will provide. Photo courtesy of OneEnergy.\n\n\n\n1 As of June 30, 2021.\n\n\n\n2 Carbon abatement is calculated using the EPA Greenhouse Gas Equivalencies Calculator which uses the AVoided Emissions and geneRation Tool (AVERT) US national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. As of June 30, 2021.\n\n\n\n3 Green jobs are calculated from the International Renewable Energy Agency\u2018s measurement that one megawatt of renewable power supports 3.8 jobs. As of June 30, 2021.\nThe post Greenbacker announces acquisition of 11.3 MWdc solar project in Minnesota appeared first on Greenbacker Capital.", "date_published": "2021-11-08T19:13:56+00:00", "date_modified": "2022-05-12T15:42:52+00:00", "authors": [ { "name": "GCM", "url": "https://greenbackercapital.com/author/chris-larsongreenbackercapital-com/", "avatar": "https://secure.gravatar.com/avatar/4c3ca5eedec27f29c7289294aef1d410?s=512&d=mm&r=g" } ], "author": { "name": "GCM", "url": "https://greenbackercapital.com/author/chris-larsongreenbackercapital-com/", "avatar": "https://secure.gravatar.com/avatar/4c3ca5eedec27f29c7289294aef1d410?s=512&d=mm&r=g" }, "image": "https://greenbackercapital.com/wp-content/uploads/2021/11/10-Stockton_crop.jpg", "tags": [ "Minnesota", "GREC", "Press" ], "summary": "The Fillinona project, located on four sites across Minnesota, builds out Greenbacker\u2019s operations in a state with robust clean energy goals and illustrates the company's holistic approach to land management." }, { "id": "https://greenbackercapital.com/?p=3016", "url": "https://greenbackercapital.com/2021/10/greenbacker-acquires-pair-of-operational-wind-assets-in-minnesota-totaling-30-7-mwdc/", "title": "Greenbacker acquires pair of operational wind assets in Minnesota totaling 30.7 MW", "content_html": "\nThe company continues to scale up its operating wind fleet and deepen industry relationships in the Midwest
\n\n\n\nNew York, NY, October 27, 2021 (GLOBE NEWSWIRE) \u2014 Greenbacker Renewable Energy Company LLC (\u201cGREC\u201d or \u201cGreenbacker\u201d), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased two operating wind assets in Murray County, Minnesota, from PRC Wind. With these projects\u2014Ridgewind (25.3 MWdc) and WindShare (5.4 MWdc)\u2014Greenbacker continues to expand its presence in the North Star State and diversify its wind portfolio in the Midwest.
\n\n\n\nGreenbacker now owns three wind farms in Minnesota, including CWS (30.8 MWdc) in neighboring Nobles County, all of which are operational. Greenbacker also has three operating wind assets nearby in Iowa. These include Hawkeye, Elk, and Rippey, which have clean power\u2013generating capacities of 37.5 MWdc, 42.5 MWdc, and 50.0 MWdc, respectively.
\n\n\n\nAs Greenbacker continues to build out its operating wind portfolio in the area, the company benefits from greater economies of scale, helping it to generate cheaper clean energy for consumers. By deepening its relationships with regional service providers, Greenbacker can continue to optimize operations and maintenance expenses, both for these new assets and for its others in the region. The Ridgewind and WindShare projects also allow Greenbacker to build a relationship with PRC Wind, a company that has developed approximately 3.0 GW of wind energy projects since its founding in 1997.
\n\n\n\n\u201cWe\u2019re excited to expand the renewable energy options available to Minnesotans,\u201d said Charles Wheeler, CEO of GREC. \u201cOur successful collaboration with PRC Wind\u2014whose wind industry expertise was a substantial asset to this project\u2014has enabled us to continue scaling up our wind operations and delivering clean, cheaper power to consumers in the Midwest.\u201d
\n\n\n\n\u201cAt PRC, our mission is to develop renewable energy projects at scale,\u201d said Paul White, Founder and CEO of PRC Wind. \u201cWe are thrilled that the wind farms we built will now benefit from Greenbacker\u2019s strong ownership and asset management program.\u201d
\n\n\n\nRidgewind is an 11-turbine system that entered commercial operation in January 2011. It has a power purchase agreement in place with Xcel Energy \u2013 Minnesota. The company has a target to reduce carbon emissions 80% by 2030 (from 2005 levels) corporate-wide and a vision to deliver 100% carbon-free electricity to its customers by 2050. (Greenbacker has also collaborated with Xcel Energy on renewable energy projects in the past). WindShare, a three-turbine system that currently operates on a fully merchant basis, reached commercial operation in April 2006.
\n\n\n\nIncluding the acquisition of these projects, Greenbacker\u2019s fleet of sustainable infrastructure projects comprises approximately 2.2 GW of generating capacity (including assets that are to be constructed). Since 2016, Greenbacker\u2019s real assets have generated 3.0 million megawatt-hours1 of clean energy, abating 2.1 million metric tons of carbon.2 Today these projects support 2,700 green jobs.3
\n\n\n\n1 Data is as of June 30, 2021.
\n\n\n\n2 Carbon abatement is calculated using the EPA Greenhouse Gas Equivalencies Calculator which uses the AVoided Emissions and geneRation Tool (AVERT) US national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. Data is as of June 30, 2021.
\n\n\n\n3 Green jobs are calculated from the International Renewable Energy Agency\u2018s measurement that one megawatt of renewable power supports 3.8 jobs. Data is as of June 30, 2021.
\nThe post Greenbacker acquires pair of operational wind assets in Minnesota totaling 30.7 MW appeared first on Greenbacker Capital.
\n", "content_text": "The company continues to scale up its operating wind fleet and deepen industry relationships in the Midwest\n\n\n\nNew York, NY, October 27, 2021 (GLOBE NEWSWIRE) \u2014 Greenbacker Renewable Energy Company LLC (\u201cGREC\u201d or \u201cGreenbacker\u201d), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased two operating wind assets in Murray County, Minnesota, from PRC Wind. With these projects\u2014Ridgewind (25.3 MWdc) and WindShare (5.4 MWdc)\u2014Greenbacker continues to expand its presence in the North Star State and diversify its wind portfolio in the Midwest.\n\n\n\nGreenbacker now owns three wind farms in Minnesota, including CWS (30.8 MWdc) in neighboring Nobles County, all of which are operational. Greenbacker also has three operating wind assets nearby in Iowa. These include Hawkeye, Elk, and Rippey, which have clean power\u2013generating capacities of 37.5 MWdc, 42.5 MWdc, and 50.0 MWdc, respectively.\n\n\n\nAs Greenbacker continues to build out its operating wind portfolio in the area, the company benefits from greater economies of scale, helping it to generate cheaper clean energy for consumers. By deepening its relationships with regional service providers, Greenbacker can continue to optimize operations and maintenance expenses, both for these new assets and for its others in the region. The Ridgewind and WindShare projects also allow Greenbacker to build a relationship with PRC Wind, a company that has developed approximately 3.0 GW of wind energy projects since its founding in 1997.\n\n\n\n\u201cWe\u2019re excited to expand the renewable energy options available to Minnesotans,\u201d said Charles Wheeler, CEO of GREC. \u201cOur successful collaboration with PRC Wind\u2014whose wind industry expertise was a substantial asset to this project\u2014has enabled us to continue scaling up our wind operations and delivering clean, cheaper power to consumers in the Midwest.\u201d\n\n\n\n\u201cAt PRC, our mission is to develop renewable energy projects at scale,\u201d said Paul White, Founder and CEO of PRC Wind. \u201cWe are thrilled that the wind farms we built will now benefit from Greenbacker\u2019s strong ownership and asset management program.\u201d\n\n\n\nRidgewind is an 11-turbine system that entered commercial operation in January 2011. It has a power purchase agreement in place with Xcel Energy \u2013 Minnesota. The company has a target to reduce carbon emissions 80% by 2030 (from 2005 levels) corporate-wide and a vision to deliver 100% carbon-free electricity to its customers by 2050. (Greenbacker has also collaborated with Xcel Energy on renewable energy projects in the past). WindShare, a three-turbine system that currently operates on a fully merchant basis, reached commercial operation in April 2006.\n\n\n\nIncluding the acquisition of these projects, Greenbacker\u2019s fleet of sustainable infrastructure projects comprises approximately 2.2 GW of generating capacity (including assets that are to be constructed). Since 2016, Greenbacker\u2019s real assets have generated 3.0 million megawatt-hours1 of clean energy, abating 2.1 million metric tons of carbon.2 Today these projects support 2,700 green jobs.3\n\n\n\n1 Data is as of June 30, 2021.\n\n\n\n2 Carbon abatement is calculated using the EPA Greenhouse Gas Equivalencies Calculator which uses the AVoided Emissions and geneRation Tool (AVERT) US national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. Data is as of June 30, 2021.\n\n\n\n3 Green jobs are calculated from the International Renewable Energy Agency\u2018s measurement that one megawatt of renewable power supports 3.8 jobs. Data is as of June 30, 2021.\nThe post Greenbacker acquires pair of operational wind assets in Minnesota totaling 30.7 MW appeared first on Greenbacker Capital.", "date_published": "2021-10-27T18:43:19+00:00", "date_modified": "2022-02-23T19:12:16+00:00", "authors": [ { "name": "GCM", "url": "https://greenbackercapital.com/author/chris-larsongreenbackercapital-com/", "avatar": "https://secure.gravatar.com/avatar/4c3ca5eedec27f29c7289294aef1d410?s=512&d=mm&r=g" } ], "author": { "name": "GCM", "url": "https://greenbackercapital.com/author/chris-larsongreenbackercapital-com/", "avatar": "https://secure.gravatar.com/avatar/4c3ca5eedec27f29c7289294aef1d410?s=512&d=mm&r=g" }, "image": "https://greenbackercapital.com/wp-content/uploads/2021/11/Ridgewind-1-scaled.jpg", "tags": [ "Minnesota", "GREC", "Press" ], "summary": "With these projects\u2014Ridgewind (25.3 MWdc) and WindShare (5.4 MWdc)\u2014Greenbacker continues to expand its presence in the North Star State and diversify its wind portfolio in the Midwest." } ] }