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EX-99.1 - PRESS RELEASE DATED FEBRUARY 2, 2021 - Greenbacker Renewable Energy Co LLCea134401ex99-1_greenbacker.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):  February 2, 2021 (January 29, 2021)

Commission file number: 000-55610

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.)

 

11 East 44th Street, 12th Floor

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.

 

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

 

 

 

 

 

 

Item 8.01. Other Events.

Greenbacker Renewable Energy Company LLC (the “Company”) announced that on January 29, 2021 its Board of Directors approved the December 31, 2020 net asset value per share for the Company’s Class A and I shares of common stock of $8.55, respectively, representing a decrease of $0.08 cents per share from the prior quarter-end’s valuations. The Board of Directors also approved the December 31, 2020 net asset value per share for the Company’s Class C shares of common stock of $8.30, representing a decrease of $0.08 cents per share from the prior quarter-end’s valuation. In addition, the Board of Directors also approved the December 31, 2020 net asset value per share for the Company’s Class P-A shares of common stock of $8.65, representing a decrease of $0.02 cents per share from the prior quarter end’s valuation. Finally, the Board of Directors also approved the December 31, 2020 net asset value per share for the Company’s Class P-I shares of common stock of $8.96, representing a decrease of $0.06 cents per share from the prior quarter end’s valuation.

  

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number  
Description
     
99.1   Press release dated February 2, 2021

 

1 

 

 

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: February 2, 2021       Greenbacker Renewable Energy Company LLC
       
        By:  

/s/ Charles Wheeler

        Name:   Charles Wheeler
        Title:   Chief Executive Officer, President and
Director

 

2 

 

 

INDEX TO EXHIBITS

Exhibit Number  
Description
     
99.1   Press release dated February 2, 2021

 

 

3