Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - Greenbacker Renewable Energy Co LLC | s103108_ex99-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 29, 2016
Commission file number: 333-178786-01
GREENBACKER RENEWABLE ENERGY COMPANY LLC
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 80-0872648 | |
| (State
or Other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
369 Lexington Avenue, Suite 312
New York, NY 10017
Tel (646) 237-7884
(Address, including zip code and telephone number, including area code, of registrants Principal Executive Office)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act. |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act. |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2b under the Exchange Act. |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. |
Item 8.01. Other Events.
Greenbacker Renewable Energy Company LLC (the “Company”) announced today that its Board of Directors (“Board of Directors”) approved the March 31, 2016 net asset value per share for the Company’s Class A, C and I shares of common stock, which reflected an increase of $0.02 per share, per class, respectively, from the prior quarter end’s valuation. Because this increase was above the Company’s current net proceeds per share for its initial public offering, the Company has revised the per share offering price for each class of shares effective May 6, 2016, to the following - $10.068 per Class A share, $9.640 per Class C share and $9.248 per Class I share.
Due to the increase in the share offering prices, the Company’s Board of Directors authorized an increase in the cash distributions payable on June 1, 2016 and July 1, 2016 to shareholders of record of Class A, C and I shares as of May 31, 2016 and June 30, 2016, respectively, to $0.00166172 per share, per day to maintain the current annual distribution rates.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit |
Description | |
| 99.1 | Press release dated April 29, 2016 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 29, 2016 | Greenbacker Renewable Energy Company LLC | |||||
| By: | /s/ Charles Wheeler | |||||
| Name: | Charles Wheeler | |||||
| Title: | Chief
Executive Officer, President and Director | |||||
INDEX TO EXHIBITS
Exhibit |
Description | |
| 99.1 | Press release dated April 29, 2016
| |