Greenbacker Renewable Energy Co. has purchased three solar projects in southwestern Colorado from OneEnergy Renewables totaling 12 MWdc. The acquisition comprises the Rocky Ford (2.6 MWdc), Totten (2.8 MWdc) and Montezuma (6.5 MWdc) solar facilities, which are all slated to enter into commercial operation in mid-2023.

Greenbacker currently owns several dozen solar energy projects, including one solar-plus-storage asset, in Colorado, representing more than 115 MWdc of solar energy projects, of which over 100 MWdc are operational.

The projects are part of Greenbacker’s second portfolio-level acquisition with OneEnergy, a deal that also includes solar energy assets in Wisconsin, Maryland, and Iowa. Each project has a long-term power purchase agreement in place with high-credit-quality utility co-op offtakers.

OneEnergy will continue to be involved with these three projects as the engineering, procurement and construction services provider.