Greenbacker Renewable Energy Co LLC 8K

MN8 Energy Holdings LLC agreed to acquire Greenbacker Renewable Energy Company LLC in a cash-and-equity merger valued at up to $375 million, creating a top-tier U.S. renewable power platform exceeding 6 GW of capacity, with closing targeted for Q4 2026 pending approvals.

On July 22, 2026, MN8 Energy Holdings LLC and Greenbacker Renewable Energy Company LLC announced that they entered into a definitive merger agreement under which MN8 will acquire Greenbacker in a cash-and-equity transaction valued at up to approximately $375 million, consisting of $350 million payable at closing plus up to $25 million of contingent cash payments tied to specified commercial milestones; upon closing, expected in the fourth quarter of 2026 subject to shareholder and regulatory approvals, Greenbacker shareholders will receive consideration valued at approximately $1.71 per share (with an option, subject to a cap and proration, to elect cash, MN8 equity, or a mix), the combined company will have more than 6 GW of operating and under-construction renewable capacity across 33 states, and Jon Yoder will remain President and CEO of the combined platform, which is expected to realize up to $20 million in annual run-rate cost savings by the end of 2028 and generate approximately $501 million of run-rate Combined Adjusted EBITDA plus Principal and Interest, including assets under construction.

Filing Facts

CIK

1563922

Ticker

-

Form

8K

Source Type

sec

Accession

0001753926-26-001215

Alert Tier

8