Pine Gate Renewables

Develops and operates utility-scale solar farms

Charlotte, North Carolina, United States

About Pine Gate Renewables

Pine Gate Renewables develops solar farms across the United States, partnering with landowners, communities, and utility companies to create clean energy solutions. They focus on utility-scale solar farm development, managing everything from site selection to maintenance, and sell the generated electricity to utility companies through long-term power purchase agreements (PPAs). This approach provides a stable revenue stream and a reliable source of clean energy. Their goal is to promote renewable energy while benefiting all parties involved.

Charlotte, North CarolinaHeadquarters
2016Year Founded
$1,670MTotal Funding
GROWTH_EQUITY_NON_VCCompany Stage
EnergyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Remote Work Options

Risks

Increased competition from companies like Sunstone Solar challenges market position.
Reliance on large-scale investments may lead to financial instability.
Regulatory risks require extensive permitting and compliance efforts.

Differentiation

Pine Gate Renewables specializes in utility-scale solar and energy storage projects.
They offer comprehensive services from land origination to asset management.
Their focus on community outreach strengthens local partnerships and project acceptance.

Upsides

The Inflation Reduction Act provides tax credits for renewable energy projects.
Advancements in battery storage technology enhance solar-plus-storage project viability.
Corporate commitments to renewable energy increase opportunities for long-term PPAs.

Funding

Total raised$1.67 B
StageGROWTH_EQUITY_NON_VC
PROJECT, REAL ESTATE, INFRASTRUCTURE FINANCE
5/31/2022
$300
DEBT
12/31/2021
$500