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 1, 2017 (October 31, 2017)
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.) |
11 East 44th Street, 12th Floor
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 1.01. | Entry into a Material Definitive Agreement. |
Greenbacker Renewable Energy Company LLC Acquires Two Operating Solar Facilities, Comprising 7.7 Megawatts of Generating Capacity, in North Palm Springs, California
Greenbacker Renewable Energy Company LLC announced on October 31, 2017 that, through a wholly-owned subsidiary, it purchased North Palm Springs Investments, LLC (“Golden Horizons Portfolio”) for approximately $7,700,000. The Golden Horizons Portfolio consists of two operating solar photovoltaic (“PV”) systems comprising 7.7 MW located in North Palm Springs, California. LDK Solar USA, Inc., the seller of the Golden Horizons Portfolio, was represented by FTI Capital Advisors, LLC, a capital markets and banking advisor, in connection with the sale. The projects were placed in service throughout 2011 and sell power to Southern California Edison through a 20-year power purchase agreement (“PPA”) with 14 years currently remaining.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| | | |
Exhibit
Number | | Description |
| | |
| 99.1 | | Press release dated November 1, 2017 |
| | |
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 1, 2017 | | | | Greenbacker Renewable Energy Company LLC |
| | | | |
| | | | | By: | | /s/ Charles Wheeler |
| | | | | Name: | | Charles Wheeler |
| | | | | Title: | | Chief Executive Officer, President and
Director |
INDEX TO EXHIBITS
