Pine Gate gets $500 million credit facility via Fundamental Renewables

By Marisa Wong

Los Angeles, Jan. 13 – Pine Gate Renewables obtained a $500 million credit facility from Fundamental Renewables, according to a press release.

Pine Gate will use the credit facility to fund the initial construction and development of utility-scale solar projects.

Formerly MMA Energy Capital, Fundamental Renewables is the renewable and clean energy investment arm of Fundamental Advisors LP.

Pine Gate is an Asheville, N.C.-based renewable energy company focused on project development and strategic financing of solar and storage projects throughout the United States.

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