AcquisitionJul 22, 2026Pending
🇺🇸 United States
GRGreenbacker Renewable Energy Company LLCMEMN8 Energy Holdings LLC
Power & Utilities › Electric & Gas Utilities
Equity value$375MEquity value
AnnouncedJul 22, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
MN8 Energy agreed to acquire Greenbacker Renewable Energy Company in a merger for cash and MN8 equity, valued at up to about $375 million including up to $25 million of milestone-contingent cash. Greenbacker shareholders can elect cash, MN8 equity or a combination, subject to a cash cap.
Deal rationale
The combination creates a top-three U.S. clean power platform with over 6 GW across 33 states, positioned to capture rising power demand from data centers and electrification.
AI-generated from the SEC filingPendingPower & Utilities › Electric & Gas UtilitiesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $375M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
JPJ.P. Morgan
Sell-side
MSMorgan StanleyWFWells Fargo
Parties
Acquirer
MEMN8 Energy Holdings LLC
- Headquarters
- United States
- Ticker
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