UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Events
Every month, Greenbacker Renewable Energy Company LLC (the “Company”) voluntarily publishes the net asset value (“NAV”) per share for each of the Company’s share classes. NAV is intended to be a calculation of the estimated fair value of the assets in our portfolio, less our outstanding liabilities. The Company has initiated a re-underwriting process pursuant to which it is further evaluating the expected future performance of the assets relative to their historical performance, while also taking into account the impact of current market conditions on the portfolio (the “Re-Underwriting Process”). As a result, the Company anticipates making changes to the models that are used to value the projects in its portfolio and, beginning with NAV as of December 31, 2024, will not be reporting a monthly NAV until the Re-Underwriting Process is complete.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: February 4, 2025 | Greenbacker Renewable Energy Company LLC | |
| By: | /s/ Charles Wheeler | |
| Name: | Charles Wheeler | |
| Title: | Chief Executive Officer, President and Director | |