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FINANCIAL_SERVICESAPPROVED

Town of Oakfield Regular Town Board Meeting Minutes 2026-04-14

Oakfield Approves Greenbacker Solar Financing Structure

Town of OakfieldGREENBACKER RENEWABLE ENERGY CORPORATIONApril 14, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Oakfield authorized Greenbacker Renewable Energy Corporation’s tax equity financing arrangement for the Cider Solar Project by consenting to the associated transfer of beneficial interests. The approval confirms Greenbacker’s continued control and responsibility for construction and operation.

Contract Details

Vendor

GREENBACKER RENEWABLE ENERGY CORPORATION

Agency

Town of Oakfield, NY

Contract Type

FINANCIAL_SERVICES

Document Date

April 14, 2026

Contract Term

Tax Equity Transaction financing period for Cider Solar Project; consent granted April 14, 2026

Renewal Info

One-time consent for the described Tax Equity Transaction; any future qualifying change in control under the HCBA would require additional Town consent.

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