Pine Gate closes USD-650m investment to back 3 GW of clean energy
- Admin
- Apr 29, 2024
- 1 min read
Pine Gate Renewables, a US-based solar and energy storage developer, announced the closure of a USD-650-million investment for expanding 3 GW of clean energy infrastructure by 2025. This financial boost involves contributions from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP), and HESTA, an Australian superannuation fund. The investment strengthens Pine Gate's existing partnership with Generate Capital and brings new institutional investors on board, enhancing future clean energy project financing.
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