Greenbacker Renewable Energy has bought a 55MW operating wind project in the US from BlackRock’s second global renewable power fund.
Greenbacker said it has acquired the Howard project in New York from the BlackRock Global Renewable Power Fund II for an undisclosed sum.
The Howard project marks Greenbacker’s first wind asset in New York.
Charles Wheeler, CEO of Greenbacker Renewable Energy Company, said: “We’re very pleased that our successful ongoing collaboration with BlackRock has allowed us to enter a new wind market with Howard—which is not only our first wind asset in New York, but also the second-largest project in our entire wind fleet.”
Greenbacker’s largest wind asset is the 57.5MW Altamont in California.
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