Pine Gate inks $500m credit facility to fuel solar and storage project growth

By Renewable Energy World Pine Gate Renewables said that Fundamental Renewables will provide a $500 million credit facility to Pine Gate to fund the initial construction and development of utility-scale solar projects.

The facility provides Asheville, North Carolina-based Pine Gate with additional capital to develop and build a range of solar and storage projects across the country. Pine Gate today operates 85 solar projects in five states across the U.S., accounting for more than 1 GWdc of energy, with another 19 GW in active development. The company said it currently has more than 700 MWdc in construction.

Fundamental Renewables is the renewable and clean energy investment

Read Full Article Here

For more great articles: Wind Power News –

(Visited 4 times, 1 visits today)



© 2014 RenewaNews