Greenbacker sells 51 MW distributed solar portfolio, advancing strategic focus on scaled clean energy projects

NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Greenbacker, an energy transition-focused investment manager and independent power producer, today announced the sale of a 51.2 MW portfolio of 64 operating solar assets to CleanCapital, a leading independent power producer specializing in distributed clean energy. This transaction reflects Greenbacker's broader strategy to optimize its project fleet for long-term growth with selective sales of non-core assets and a sharpened focus on larger-scale clean energy projects. The sale also supports greater operational efficiency, allowing the firm to reallocate resources toward the construction of higher-impact projects across its pre-operating portfolio.

"As Greenbacker continues to scale, we are optimizing our portfolio to focus on higher-capacity clean energy projects that deliver greater impact and efficiencies across our fleet," said Dan de Boer, Interim CEO of Greenbacker. "This sale reflects our approach to portfolio management and our commitment to accelerating the energy transition through investments that strengthen the U.S. energy system. We're pleased to partner on this transaction with CleanCapital—an experienced partner that shares our focus on delivering reliable, clean power to communities across the country."

"As energy demand across the country surges, distributed generation (DG) solar continues to be a critical resource providing affordable, resilient, and emissions-free energy to local businesses and communities," said Jon Powers, President of CleanCapital. "The acquisition of these assets from a trusted counterparty like Greenbacker reflects CleanCapital's commitment to and specialization in DG-scale solar and energy storage projects, and we look forward to continuing to grow our portfolio through both operating and development-stage asset acquisitions." 

The sale follows Greenbacker's recent milestone financing of nearly $1 billion to support the construction of its ...