Solar Builder: Greenbacker and Encore Renewable Energy reach agreement on a 14 project solar portfolio sale
Through a wholly-owned subsidiary, Greenbacker Renewable Energy Comapny LLC signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phasedown scheduled for the end of the year.