February 4 (Renewables Now) – Greenbacker Renewable Vitality Firm LLC has acquired a 16.3-MW direct present (DC) portfolio of rooftop photo voltaic photovoltaic (PV) crops in Massachusetts for an undisclosed sum.
The renewable vitality funding agency mentioned on Wednesday it has bought the belongings from commercial-scale photo voltaic developer ECA Photo voltaic and Alliance Fund II, a sustainable infrastructure fund sponsored by North Sky Capital.
The acquired portfolio consists of 16 rooftop methods, with two of them additionally incorporating parking zone arrays. Specifically, these are the Holliston and Wilmington websites, with capacities of 1.9 MW DC and 1.2 MW DC, respectively. The remaining crops fall inside the 0.3 MW DC-4.2 MW DC vary.
The capability was introduced on-line between the third quarter of 2018 and the second quarter of 2020. The crops’ output is contracted beneath long-term offers with companies, utilities, municipalities and native authorities companies. All schemes profit from supportive state renewable vitality insurance policies, the customer mentioned.
Greenbacker has a portfolio of two.6 GW of fresh vitality belongings, together with tasks which might be to be constructed.