Pine Gate Renewables develops, owns and operates utility-scale solar and energy storage projects across the United States. The company was founded in 2016 and is headquartered in Asheville, N.C. Pine Gate has closed more than $7 billion in project financing and capital investment and its operational fleet includes over 100 solar facilities accounting for more than two gigawatts of installed capacity. It currently has over 30 gigawatts of projects in development. The company says the new investment will accelerate its work as a national developer, owner and operator of clean energy projects and position it as a national market leader. Pine Gate plans to support financing of an incremental three gigawatts of clean energy infrastructure by 2025. Pine Gate Renewables focuses on project development and strategic financing of utility-scale solar and battery storage throughout the United States. The company develops, owns and operates renewable energy-generating projects and aims to expand its national presence. Headquartered in Asheville, North Carolina, Pine Gate owns and operates over 1 gigawatt of renewable energy projects and has more than 20 gigawatts in active development. The company has raised over $1 billion in corporate and project capital financing in the past six months. Pine Gate plans to use new capital to fund construction and development of renewable energy projects and support general working capital needs. The Generate partnership is positioned to accelerate Pine Gate’s growth and market expansion.

Total raised

$1.1B

Funding rounds

3

Latest round

Equity

Latest activity

Apr 2024