Publications

Energy - JUNE 25, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Greenbacker Renewable Energy Co. acquires wind farm in San Francisco Bay Area

by Released

Greenbacker Renewable Energy Co. has purchased the Altamont Winds Project from funds managed by Castlelake.

At 57.5 megawatts, it is the single largest asset in Greenbacker’s wind portfolio. The Altamont Winds Project — Greenbacker’s second wind asset in California — boosts the company’s total nationwide wind energy capacity to slightly more than 300 megawatts.

Located in Alameda County, the project harnesses wind from the Altamont Pass, an area home to operating wind assets since the 1980s. The project is also near the Bay Area load pocket, giving it strategic value from the perspective of future energy usage and capacity needs.

The Altamont Winds Project, which is in final stages of commissioning, has a long-term power-purchase agreement (PPA) with East Bay Community Energy, a community choice aggregator (CCA). CCAs allow residents, businesses and municipalities to procure power from an alternative supplier, while still using the transmission and dis

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.