Amazon buys 1.2GW Sunstone solar-plus-storage project from bankrupt Pine Gate
USD83M
Deal Value
2.4 GW
Capacity
permitted
Stage
Sunstone
Project
Amazon has acquired the 1.2GW Sunstone solar-plus-storage project from bankrupt Pine Gate Renewables. The project includes 1.2GW of solar PV and 1.2GW of battery energy storage system (BESS) capacity, ready to build with permits and approvals in place. Amazon's acquisition was approved by the Bankruptcy Court for the Southern District of Texas for $83 million in cash.
Timeline
Announced
Jan 16, 2026
Signed
Closed
Global Infrastructure Sherpa