Enertis Applus+ Advises MN8 Energy in Strategic Acquisition of Greenbacker Renewable Energy Company

Enertis Applus+, a global engineering consultancy firm with extended expertise in the renewable energy and storage sectors, served as independent technical advisor to MN8 Energy in its acquisition of Greenbacker Renewable Energy Company LLC. This landmark transaction will create one of the largest clean power platforms in the United States, with more than 6 GW of operating and under-construction renewable energy and battery energy storage (BESS) capacity across 33 states.

 As part of the transaction, Enertis Applus+ supported MN8 Energy through a multi-phase technical due diligence process covering Greenbacker's wind portfolio, comprising 19 assets in various stages of operation. Given its scale and complexity, Enertis Applus+ conducted an in-depth technical review focused on asset performance, operational risks, and long-term outlook.

 The services provided included operational performance assessments, energy yield forecasting, operations and maintenance (O&M) and technology reviews, and long-term operating expenditure (OPEX) forecasting. Enertis Applus+ also performed site visits, drone-based blade inspections, SCADA reviews, technical useful life assessments. Findings from the field investigations were then incorporated into updated energy yield and OPEX forecasts.

 “We value the opportunity to have supported MN8 Energy in this landmark transaction,” said Iñaki Herrero, Managing Director, North America, at Enertis Applus+. “This acquisition brings together a highly diversified portfolio of renewable energy and energy storage assets. Our team was pleased to bring our extensive expertise and provide the technical insights and independent assessments needed to support MN8 Energy’s evaluation of the wind portfolio.”

The transaction represents another milestone in Enertis Applus+ extensive track record of supporting investors, developers, lenders, and asset owners in complex renewable energy acquisitions and financing transactions in the United States and globally.

Enertis Applus+ | https://enertisapplus.com/