Pine Gate Renewables announces a $650 million total investment from Generate Capital, Healthcare of Ontario Pension Plan (HOOPP) and HESTA
Today, Pine Gate Renewables announced the final closing of a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP) and HESTA.
- Today, Pine Gate Renewables announced the final closing of a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP) and HESTA.
- View the full release here: https://www.businesswire.com/news/home/20240429053782/en/
The transaction extends Generate Capital’s existing partnership with Pine Gate and brings new institutional investors to the solar developer’s platform. - “Pine Gate is proud to expand our partnership with Generate Capital and to benefit from HOOPP’s and HESTA’s deep experience in responsible and innovative investing,” said Ben Catt, Chief Executive Officer at Pine Gate Renewables.
- We look forward to collaborating with Pine Gate and Generate in providing much-needed clean energy to the company’s customers and communities,” said Steve Smith, HOOPP’s Head of Global Infrastructure.