GREENBACKER RENEWABLE ENERGY COMPANY LLC ANNOUNCES DECEMBER 31, 2020 NET ASSET VALUE
New York, NY, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (the “Company”) announced that on January 29, 2021 its Board of Directors approved the December 31, 2020 net asset value per share for the Company’s Class A and I shares of common stock of $8.55, respectively, representing a decrease of $0.08 cents per share from the prior quarter-end’s valuations. The Board of Directors also approved the December 31, 2020 net asset value per share for the Company’s Class C shares of common stock of $8.30, representing a decrease of $0.08 cents per share from the prior quarter-end’s valuations. In addition, the Board of Directors also approved the December 31, 2020 net asset value per share for the Company’s Class P-A shares of common stock of $8.65, representing a decrease of $0.02 cents per share from the prior quarter end’s valuation. Finally, the Board of Directors also approved the December 31, 2020 net asset value per share for the Company’s Class P-I shares of common stock of $8.96, representing a decrease of $0.06 cents per share from the prior quarter end’s valuation.
*About Greenbacker Renewable Energy Company*
Greenbacker Renewable Energy Company LLC is a publicly reporting, non-traded limited liability company that acquires and manages income -generating renewable energy and energy efficiency projects, and other energy-related businesses. The projects in which we invest, such as solar and wind facilities, sell power under long-term contract to high credit worthy counterparties such as utilities, municipalities, and corporations. For more information, please visit www.greenbackercapital.com
*Forward-Looking Statements*
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in the Company‘s expectations.
Media Contact:
Greenbacker
Joseph Kuo / Chris Clemens
Haven Tower Group
424 317 4851 or 424 317 4854*
*mediarelations@greenbackercapital.com