Fengate to co-fund development of Maine's Weaver wind project

Fengate Asset Management and Longroad Energy Partners LLC have unveiled a co-development and financing partnership to build the 72.6-megawatt Weaver wind project in Hancock County, Maine. No financial terms were released. Fengate and Longroad, a U.S. renewable energy company, agreed to co-fund the development and construction of Weaver, a late-stage project expected to be commercially operational in Maine by 2020. Fengate is a Canadian investor in infrastructure, private equity and real estate. The Weaver deal marks its fourth clean energy co-development partnership investment in North America.

4 December 2018•3 mins read
Washington, Washington State Investment Board, National Grid, Blackstone, private equity, renewable energy,
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