Pine Gate Renewables secured a $500 million credit facility to support its continued growth and development of renewable energy projects.
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Counterparts (6)
lead arranger
Bank of America, N.A.
company · 1 deals
Bank of America is a financial institution that provides banking, credit card, loan, and investment services. It also offers corporate and investment banking services, including lending, derivatives, and trading in financial instruments.
KeyBank
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KeyBank is a regional bank that provides financial services, including lending and investment banking, to a variety of sectors. They participate in infrastructure projects through financing and advisory roles.
Fifth Third Bank
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Fifth Third Bank is a diversified financial services company headquartered in Cincinnati, Ohio. They provide commercial lending and other financial services, including project finance, to companies operating in the infrastructure sector.
MUFG
company · 4 deals
Mitsubishi UFJ Financial Group (MUFG) is a global financial group. They provide financial services, including banking, trust banking, and securities, and are involved in sustainability initiatives, including financing for projects that contribute to a carbon-neutral society.
U.S. Bank
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U.S. Bank is a diversified financial services company providing a range of banking, investment, and trust services to individuals, businesses, and institutions. They participate in infrastructure projects through lending and financing activities.
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Source Intelligence
KEY DETAILS
Pine Gate has raised over $1 billion in corporate and project capital financing in the past six months. Quote: Pine Gate owns and operates over 1 GW of renewable energy projects, has more than 20 GW in active development projects throughout the U.S. and has raised over $1 billion in corporate and project capital financing in the past six months.
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Deal Size
Pine Gate Renewables has secured a $500 million investment from Generate Capital, a sustainable infrastructure investment firm.
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Capacity
Pine Gate owns and operates over 1 GW of renewable energy projects
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Location
Pine Gate owns and operates over 1 GW of renewable energy projects, has more than 20 GW in active development projects throughout the U.S.
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Financials
The investment includes a $200 million equity investment and a $300 million commitment for a long-term asset partnership for solar project financing.
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Announcement
June 27, 2022
PARTIES MENTIONED IN SOURCE
P
Pine Gate Renewables
developer
"Pine Gate Renewables , a solar project developer, has secured a $500 million investment from Generate Capital, a sustainable infrastructure investment firm."
G
Generate Capital
investor
"Pine Gate Renewables has secured a $500 million investment from Generate Capital, a sustainable infrastructure investment firm."
F
Foley& Lardner
advisor
"Foley& Lardner acted as legal advisor for Generate Capital"
D
DNV GL
advisor
"DNV GL acted as technical adviser for this transaction."
L
Lazard
advisor
"For Pine Gate, Lazard served as financial adviser"
G
Gibson, Dunn & Crutcher
advisor
"For Pine Gate, Lazard served as financial adviser and Gibson, Dunn & Crutcher as legal adviser."
F
Fundamental Renewables
lender
"Earlier this year, Pine Gate Renewables had secured a $500 million credit facility from Fundamental Renewables to finance the development and construction of its utility-scale solar and storage projects across the U.S."
high quality
Enriched Feb 19, 2026
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