Greenbacker Renewable Energy purchased 6 solar projects in coastal states

Greenbacker Renewable Energy announced that it has purchased the rights to the 21.2-MW DG Solar Portfolio of six distributed solar projects from a Clearway Energy Group subsidiary. The portfolio projects, which are located in California, New Jersey and Maryland, are expected to reach commercial operation between June 2019 and March 2020. DG Solar Portfolio consists of 5.5 MW in California, 2.7 MW in New Jersey and 13.0 MW in Maryland and is a mix of ground-mount and rooftop systems. The portfolio is contracted with facility power purchase agreements for 20 to 25 years.

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