
Fengate acquires interest in operational U.S. solar portfolio
Fengate Asset Management (Fengate) is pleased to announce the acquisition of a 50% interest in a 227 MWac portfolio of 12 operating solar projects in the western United States.
The investment is a 50/50 joint-venture with independent power producer, Clearway Energy Inc. (“Clearway” NYSE:CWEN), an existing investment partner of Fengate’s on an operational wind facility.
“This transaction supports our energy transition strategy to acquire core, operating long-term contracted renewable projects for Fengate Infrastructure Yield Fund, and we are proud to partner with Clearway on a second renewables investment,” said Greg Calhoun, Managing Director and Head of Energy Transition at Fengate.
Fengate is managing the investment on behalf of Fengate Infrastructure Yield Fund and its affiliated entities, including an investment by the LiUNA Pension Fund of Central and Eastern Canada.



