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8-K - 8-K - Greenbacker Renewable Energy Co LLCs101049_8k.htm

EXHIBIT 99.1

 

Greenbacker Renewable Energy Company Declares Distributions

New York, NY – May 7, 2015 - Greenbacker Renewable Energy Company LLC (the “Company”) announced today that its Board of Directors authorized cash distributions of $0.0016438 per share, per day, on each outstanding Class A, C and I share of common stock commencing on July 1, 2015 and ending on September 30, 2015. The distributions will be payable on August 3, 2015, September 1, 2015 and October 1, 2015 to shareholders of record as of July 31, 2015, August  31, 2015 and September 30, 2015, respectively.

 

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.

 

 

Media Contact:

David Sher

Director, Greenbacker Renewable Energy Company LLC

917-309 -1234