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Pine Gate Renewables announces a $650 million investment from Generate Capital, Healthcare of Ontario Pension Plan (HOOPP) and HESTA

RECENTLY ACQUIREDApr 29, 2024

Amount Raised

$650 Million

Round Type

Venture

CharlotteEnergyRenewable EnergySolar

Investors

Healthcare Of Ontario Pension PlanHestaGenerate Capital

Description

Pine Gate Renewables announced the final closing of a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP) and HESTA. The investment provides funding to accelerate Pine Gate’s work as a national developer, owner, and operator of clean energy projects and will support the financing of an incremental three gigawatts (GW) of clean energy infrastructure by 2025. The scale of the investment validates Pine Gate’s long-term vision for growth, positions the company as a national market leader, and underscores confidence in the clean energy asset class.

Quick answer

Pine Gate Renewables raised $650 Million in a funding round, dated April 29, 2024. Investors: Healthcare Of Ontario Pension Plan, Hesta and Generate Capital. Pine Gate Renewables is based in Charlotte, North Carolina, United States.

How much did Pine Gate Renewables raise?
Pine Gate Renewables raised $650 Million in a funding round on April 29, 2024.
Who invested in Pine Gate Renewables?
Healthcare Of Ontario Pension Plan, Hesta and Generate Capital are named as investors in this round.
What does Pine Gate Renewables do?
Pine Gate Renewables specializes in the development and operation of utility-scale solar energy projects across the United States.
Where is Pine Gate Renewables based and how big is it?
Pine Gate Renewables is based in Charlotte, North Carolina, United States.
Who are the decision-makers at Pine Gate Renewables?
Fundz holds 1 contact at Pine Gate Renewables. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Pine Gate Renewables that raised within 45 days of this round, from Fundz verified event records.

  • Swift Solar raised $27M (Series A) on June 12, 2024.
  • RumiTech raised $250K (Pre-Seed) on June 7, 2024.
  • Aptera Motors raised $134K (Seed) on June 6, 2024.
  • Samara raised $9.8M (Series A) on June 4, 2024.
  • Recurrent Energy raised $500M on June 3, 2024.
  • One Energy Enterprises raised $35M (Series A) on May 28, 2024.

Who to call at Pine Gate Renewables, and when

A new round usually means Pine Gate Renewables is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Pine Gate Renewables

Location

Charlotte, North Carolina, United States

About

Pine Gate Renewables specializes in the development and operation of utility-scale solar energy projects across the United States. The company focuses on sustainable energy development and aims to partner with a variety of stakeholders to enhance renewable energy adoption. Pine Gate Renewables has a diverse portfolio of solar projects and is dedicated to building cleaner energy solutions. They are recognized as a leader in the solar energy sector.

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Pine Gate Renewables raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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