N.C.–Generate Capital, a leading sustainable infrastructure investment and operating platform, today announced it has made a strategic growth investment in Pine Gate Renewables, a leading renewable energy developer for utility-scale solar and storage.
The investment includes a $200 million equity investment and an additional $300 million commitment to a long-term asset partnership for solar project financing. The investment will provide Pine Gate with additional capital to fund construction and development of renewable energy projects and meet other general working capital purposes. Generate will also join Pine Gate’s Board of Directors.
