UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 8, 2016
Commission file number: 000-55610
GREENBACKER RENEWABLE ENERGY COMPANY LLC
(Exact Name of Registrant as Specified in its Charter)
| | | |
| Delaware | | 80-0872648 |
(State or Other Jurisdiction of
Incorporation or Organization) | | (I.R.S. Employer Identification No.) |
369 Lexington Avenue, Suite 312
New York, NY 10017
Tel (646) 237-7884
(Address, including zip code and telephone number, including area code, of registrants Principal Executive Office)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| | ☐ | Written communications pursuant to Rule 425 under the Securities Act. |
| | ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act. |
| | ☐ | Pre-commencement communications pursuant to Rule 14d-2b under the Exchange Act. |
| | ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. |
_____________________________________________________________________________________________
Item 8.01. Other Events.
Greenbacker Renewable Energy Company LLC (“Greenbacker”) announced today that through a wholly-owned subsidiary it acquired a 25MW operating wind generation facility located in Montana, the Greenfield Wind Farm (the “Project”). The Project is being sold by Greenfield Wind LLC, which is majority owned and managed by Foundation Windpower, LLC, an experienced wind developer based in San Francisco, CA. The total consideration for the Project is approximately $34,700,000. In conjunction with this acquisition, the $26,045,471 Turbine Supply loan provided by Greenbacker to Greenfield Wind LLC in June 2016 was repaid in full. The Project totals 25,000 kW comprising 13 GE 2.3-107 MW wind turbines. The Project is located in Teton County, MT and sells power directly to the local public utility, NorthWestern Energy, an investment grade utility company.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| | | |
Exhibit
Number | | Description |
| | |
| | | |
| | |
| 99.1 | | Press release dated November 8, 2016 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | |
| Date: November 8, 2016 | | | | Greenbacker Renewable Energy Company LLC |
| | | | |
| | | | | By: | | /s/ Charles Wheeler |
| | | | | Name: | | Charles Wheeler |
| | | | | Title: | | Chief Executive Officer, President and
Director |
INDEX TO EXHIBITS
| | | |
Exhibit
Number | | Description |
| | |
| | | |
| | |
| 99.1 | | Press release dated November 8, 2016 |
