Greenbacker Renewable Energy Co. Lawsuit Investigation Update

Greenbacker Renewable Energy Suspends Redemptions and Distributions — Featured by top securities fraud attorneys, The White Law Group

Have You Suffered Losses Investing in Greenbacker Renewable Energy Co.?

The White Law Group is investigating potential securities lawsuits involving brokerage firms that may have unsuitably recommended Greenbacker Renewable Energy Company (GREC) to retail investors.

What is Greenbacker Renewable Energy Co.?

Greenbacker Renewable Energy Company (GREC) is a publicly reporting, non-traded limited liability company that acquires and manages income-generating renewable energy and energy-related businesses, primarily across North America. The company operates through its affiliate, Greenbacker Capital Management LLC, with a focus on large-scale solar and wind projects. The company filed a Form D to raise capital from investors in 2020.

Net Asset Value Continues Decline

• As of December 31, 2024, GREC reported a net asset value (NAV) of approximately $1 billion (about $5.03 per share), with values varying by share class.
• Shares were originally sold at $10 per share, but recent secondary market transactions on Lodas Markets have reportedly shown shares trading for as little as $2.20 per share.
• The company also announced a leadership transition in 2025, including changes to the CEO and Chair roles.

Greenbacker Suspends Distributions into 2025

On May 12, 2024, GREC announced a suspension of monthly distributions for the remainder of 2024, citing the need to reallocate capital toward large-scale projects, including its 674 MWdc Cider Solar Farm in New York.

Update (August 2025): The suspension, effective after May 1, 2024, remains in place into 2025, with no new announcements resuming payments. Investors relying on regular income from their Greenbacker investment remain impacted.

Greenbacker Renewable Energy Co.: Redemptions Limited

In September 2023, Greenbacker’s board indefinitely suspended its share repurchase program (SRP). Repurchases are only allowed in cases of death, disability, or incompetence of the shareholder. This lack of liquidity has left many investors unable to exit their positions, forcing them to rely on the limited secondary market, where shares are often sold at steep discounts.

The Trouble with Reg D Private Placements

Greenbacker Renewable Energy was sold to investors under Regulation D private placement exemptions. These types of investments often come with high fees and commissions (7–10%), limited liquidity, and greater risk exposure than traditional investments.

Broker-dealers have a duty to ensure that any recommendation is suitable based on the client’s age, net worth, risk tolerance, and investment objectives. Firms that failed in this duty may be held liable for investor losses through FINRA arbitration claims.

Class Action Lawsuit vs. Individual FINRA Arbitration

• Class actions may be useful when individual losses are small and issues are uniform across many investors.
• Individual arbitration is often more effective when losses exceed $100,000, as investors maintain more control over their case and can tailor claims to their specific circumstances.

The White Law Group is pursuing FINRA arbitration claims on behalf of investors who suffered losses in high-risk Greenbacker investments.

Recovery of Greenbacker Investment Losses

If your financial advisor recommended Greenbacker Renewable Energy Company and you suffered losses, you may be entitled to recover damages through a FINRA arbitration claim.

Call The White Law Group at 888-637-5510 for a free consultation with a securities attorney. Our firm works on a contingency fee basis, meaning you pay nothing unless we recover money for you. You can also visit whitesecuritieslaw.com to learn more.

FAQs about Greenbacker Renewable Energy Co.

1. Is Greenbacker Renewable Energy Company still paying distributions?
No. GREC suspended distributions after May 1, 2024, and as of August 2025, distributions have not resumed.

2. Can I sell my Greenbacker shares?
Redemptions are suspended except in limited cases (death, disability, or incompetence). Shares may be sold on the secondary market, often at a steep discount to the original offering price or reported NAV.

3. How can investors recover losses in Greenbacker Renewable Energy?
Investors may file a FINRA arbitration claim against the brokerage firm that recommended the investment if it was unsuitable for their portfolio or if the firm failed to conduct adequate due diligence.

About The White Law Group

The White Law Group, LLC is a national securities fraud and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington. We have represented thousands of investors across the country in claims against brokerage firms, recovering millions of dollars for victims of investment fraud.

Disclaimer: This information is for educational purposes only and does not constitute legal advice. Past results do not guarantee future outcomes.

Last updated: August 22, 2025