Greenbacker acquires 16.3-MWp rooftop solar bundle in Massachusetts

• Greenbacker Renewable Energy Company LLC has gotten a 16.3-MW direct current (DC) portfolio of roof solar photovoltaic (PV) plants in Massachusetts for a concealed sum.

The renewable energy investment firm stated on Wednesday it has actually purchased the assets from commercial-scale solar programmer ECA Solar and also Alliance Fund II, a sustainable infrastructure fund sponsored by North Sky Capital.

The obtained portfolio consists of 16 rooftop systems, with 2 of them also including car park arrays. Namely, those are the Holliston as well as Wilmington sites, with capacities of 1.9 MW DC and 1.2 MW DC, specifically. The continuing to be plants drop within the 0.3 MW DC-4.2 MW DC range.

The capacity was brought online between the third quarter of 2018 and also the 2nd quarter of 2020. The plants' outcome is contracted under long-lasting take care of businesses, utilities, communities and city government companies. All plans benefit from supportive state renewable energy policies, the customer stated.

Greenbacker has a portfolio of 2.6 GW of clean energy assets, consisting of projects that are to be built.