NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) — Greenbacker Capital Management, LLC (“GCM” or “Greenbacker”), a leading renewable energy asset manager, is pleased to announce that it has expanded its private equity investment team, keeping up with its growing activity in the middle market of sustainable infrastructure. Most notably, Rahul Bhalodia has joined the firm as a managing director of the Greenbacker Development Opportunities (“GDEV”) strategy. Bhalodia’s addition augments the firm’s ability to continue scaling the strategy, which invests in growth-stage sustainable infrastructure development platforms.
Greenbacker Capital Management LLC is an SEC registered investment adviser that provides advisory and oversight services related to project development, acquisition, and operations in the renewable energy, energy efficiency, and sustainability industries. For more information, please visit https://greenbackercapital.com.Greenbacker Development Opportunities is a middle-market private equity strategy that invests in growing sustainable infrastructure platforms serving high-value markets across the US. The strategy is managed by Greenbacker Capital Management, LLC. For more information, please visit https://greenbackercapital.com/greenbacker-development-opportunities.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 Greenbacker 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. Greenbacker undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in its expectations.Chris Larson
Media Communications
646.569.9532
[email protected]
(GlobeNewsWire)