Cider Solar portfolio — 674 MWdc / 500 MWac utility-scale solar, Genesee County, New York (NYISO Zone A)
Greenbacker completes $400M+ in strategic portfolio refinancings, loan extensions, and construction loan upsizing on the Cider Solar portfolio (674 MWdc / 500 MWac, Genesee County, NY). The original $950M project financing closed January 2025 (fin-2025-006). This refinancing demonstrates Greenbacker's ability to access capital markets for its operating portfolio. Greenbacker describes the transaction as reflecting 'strong banking relationships and capital markets execution.'
$400M
Deal Value
500MW
Capacity
Solar
Technology
NY
Location
Deal Details
- Deal Type
- Portfolio Refinancing
- Seller / Sponsor
- Greenbacker Renewable Energy Company (GREC)
- Buyer / Financier
- Multiple lenders (undisclosed)
- Deal Value
- $400M+
- Stage
- Operational
- ISO/RTO
- NYISO
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