Greenbacker Renewable Energy Company LLC Announces June 30, 2017 Net Asset Value Per Share and Revised Share Offering Prices

NEW YORK--()--Greenbacker Renewable Energy Company LLC (the “Company”) announced today that its Board of Directors (“Board of Directors”) approved the June 30, 2017 net asset value per share for Class A and I shares of common stock of $8.63, respectively, a decrease of $0.01 per share from the prior quarter end’s valuation. In addition, the Board of Directors approved the June 30, 2017 net asset value per share for Class C shares of common stock of $8.41, an increase of $0.01 per share from the prior quarter. Due to the changes in net asset value per share, the Company revised the per share offering price for each class of shares effective August 4, 2017, to the following - $9.724 per Class A share, $9.078 per Class C share and $8.932 per Class I share.

Due to the change in the share offering prices, the Company’s Board of Directors authorized cash distributions payable on September 1, 2017, October 2, 2017 and November 1, 2017 to shareholders of record as of August 31, 2017, September 30, 2017, and October 31, 2017, respectively, of $0.00166902 per share, per day for Class A and I shares and $0.00162648 per share, per day for Class C shares.

About Greenbacker Renewable Energy Company

Greenbacker Renewable Energy Company is a publicly registered, non-traded limited liability company that expects to acquire a diversified portfolio of income-producing renewable energy power plants, energy efficiency projects and other sustainable investments.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in the Company’s expectations.

Contacts

Greenbacker Renewable Energy Company LLC
David Sher, Director
917-309-1234

Release Summary

Greenbacker Renewable Energy Company LLC Announces June 30, 2017 Net Asset Value Per Share and Revised Share Offering Prices

Contacts

Greenbacker Renewable Energy Company LLC
David Sher, Director
917-309-1234