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citybizlist : New York : Greenbacker Renewable Energy Acquires Wind Portfolio Totaling 50 MW

12/11/20 Greenbacker Renewable Energy Company LLC announced today that, through a wholly-owned subsidiary, it purchased a 50 MW operating wind farm from RPMA Iowa Wind Development LLC.. The project, Rippey Wind Holding LLC, is located in Greene County, Iowa and has a 25-year Power Purchase Agreement in place with the investment-grade utility Central Iowa Power Cooperative. The project reached commercial operations in 2012. “We’re excited to expand our wind portfolio in Iowa with RPMA.” said Charles Wheeler, CEO of Greenbacker. “GREC has experienced phenomenal growth as we near the end of 2020 and Rippey is one of our largest wind projects, typifying this acceleration of acquisitions.”

Greenbacker Renewable Energy Company LLC Acquires Wind Portfolio Totaling 50 MW

Share: New York, NY, Dec. 11, 2020 (GLOBE NEWSWIRE) Greenbacker Renewable Energy Company LLC ( GREC ) announced today that, through a wholly-owned subsidiary, it purchased a 50 MW operating wind farm from RPMA Iowa Wind Development LLC ( RPMA ). The project, Rippey Wind Holding LLC, is located in Greene County, Iowa and has a 25-year Power Purchase Agreement ( PPA ) in place with the investment-grade utility Central Iowa Power Cooperative ( CIPCO ). The project reached commercial operations in 2012. We re excited to expand our wind portfolio in Iowa with RPMA. said Charles Wheeler, CEO of Greenbacker. GREC has experienced phenomenal growth as we near the end of 2020 and Rippey is one of our largest wind projects, typifying this acceleration of acquisitions.

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