The board of Greenbacker Renewable Energy Company LLC, a publicly registered, non-traded limited liability company, has approved a December 31, 2019 net asset value per share for the company’s classes of common stock.
Class A and I shares of common stock have a NAV per share of $8.56, a decrease of $0.06 per share from the prior quarter’s valuation.
The board also approved a $8.38 NAV per share for Class C shares, a decrease of $0.06 per share from the prior quarter’s valuation.
The NAV per share is based on the estimated value of the company’s assets less the estimated value of its liabilities divided by the number of shares outstanding, all as of December 31, 2019.
Greenbacker Renewable Energy Company acquires and manages income-generating renewable energy and energy efficiency projects, and other energy-related businesses.