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Sign in Sign up for a FREE subscriptionLooking under the hood of Greenbacker’s new energy transition real estate strategy
Up until Greenbacker Capital Management announced its newly launched energy transition real estate strategy, it had been primarily focused on investments in renewable power infrastructure and equity opportunities in energy transition-focused operating companies.
Recognizing the growing need for powered real estate, two Blackstone alums, David Zackowitz and Evan Sherman, joined the company and are working to make Greenbacker a key player in the energy transition real estate sector.
“Today, roughly two-thirds of global greenhouse gas emissions come from a combination of the real estate sector and the transportation sector,” said Zackowitz, head of real estate investments. “The push to decarbonize these sectors will ultimately result in what we refer to as the electrification of literally everything.
“This huge push to electrification … the key to that is making sure