Greenbacker completes $440 million tax equity financing for the 674 MW Cider solar project — the largest in New York State
NEW YORK, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC ("Greenbacker"), an energy transition-focused investment manager and independent power producer, today announced the successful closing of the $440 million Tax Equity Commitment from U.S. Bank and M&T Bank for the Cider solar project ("Cider"), a 674 MWdc / 500 MWac utility-scale solar farm located in Genesee County, New York. While this tax equity financing represents the final source of funding required to fully finance the project, it follows a series of successfully completed financings and significant construction milestones already achieved to date. The tax equity financing — provided by U.S. Bank a
