Greengate Power wins $100 mln commitment from Fengate
Greengate Power Corp, a Calgary-based renewable and clean energy developer, has secured a multi-year, $100 million equity commitment from Fengate Real Asset Investments. The partnership will allow Greengate to develop and eventually build-out its 1,000 megawatt portfolio of late-stage wind and solar projects and acquire projects in Alberta, with the potential to expand across North America. Founded in 2007, Greengate has originated and developed 480 megawatts of producing power assets in its home province and Ontario. Toronto-based Fengate is an infrastructure, private equity and real estate investment firm.
3 April 2018•4 mins read
