Pine Gate Renewables
Pine Gate Renewables was a North Carolina-based developer and owner-operator of utility-scale solar and battery energy storage projects in the United States, operating over 1 gigawatt with a 20+ gigawatt development pipeline before filing for Chapter 11 bankruptcy in November 2025.
- Company typePrivate
- Founded2014
- HeadquartersAsheville, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
Pine Gate Renewables firmographics
Firmographics- Name
- Pine Gate Renewables
- Legal name
- Pine Gate Renewables, LLC
- Website
- https://pgrenewables.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Pine Gate Renewables was a North Carolina-based developer and owner-operator of utility-scale solar and battery energy storage projects in the United States, operating over 1 gigawatt with a 20+ gigawatt development pipeline before filing for Chapter 11 bankruptcy in November 2025.
- Ownership category
- akta.pro rank
Where Pine Gate Renewables is headquartered
LocationHeadquarters
- HQ city
- Asheville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Pine Gate Renewables business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D
Revenue model
- Project Development and Ownership: Developed, owned, and operated utility-scale solar and energy storage projects. Revenue generated through project sales, asset partnerships, and equity investments in renewable energy developments.
- Preferred Equity Financing: Secured preferred equity investments from institutional investors to fund solar project construction and development pipeline expansion
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Pine Gate Renewables product offering
Product offeringCore offering
Pine Gate Renewables developed, owned, and operated utility-scale solar and battery energy storage projects across the United States. The company managed a portfolio of more than 1 gigawatt in operation and over 20 gigawatts in active development pipeline, including flagship projects like the 1,200-MW Sunstone Solar in Oregon with integrated battery storage. It monetized these assets through project sales and asset transfers to strategic acquirers including Amazon, Nofar USA, and Fundamental Advisors.
Differentiator
Problem solved
Functional benefit
Products and services
- Utility-Scale Solar Development Portfolio
- Energy Storage Projects
Quantifiable outcome
- Developed 1.2 GW Sunstone Solar project - Oregon's largest planned solar and storage project
Companies that use Pine Gate Renewables
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Pine Gate Renewables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Pine Gate Renewables partnerships and signals
Strategic signalScale indicators8 records
Recent moves9 records
Expansion highlights5 records
Pine Gate Renewables competitors and assessment
Company assessmentDirect peers
- Lightsource bp: Global utility-scale solar developer and operator with significant US operations developing solar and storage projects. Directly comparable as a privately-backed IPP focused on greenfield utility-scale solar development and project sales to long-term owners.
- Avantus (formerly 8minute Solar Energy): Major US utility-scale solar and storage developer with a large development pipeline. Highly comparable as a privately-held developer competing for utility-scale solar projects and solar+storage integration opportunities.
- Recurrent Energy: Utility-scale solar and battery storage developer and owner-operator with a large US development pipeline. Directly comparable in project development model, solar+storage focus, and asset sale strategy to long-term buyers.
- Cypress Creek Renewables: US utility-scale solar developer that has faced similar financial restructuring and operational pressures as Pine Gate. Highly comparable in business model and recent experience navigating project economics headwinds.
- Origis Energy: Utility-scale solar and energy storage developer with operations across the Americas. Comparable as a privately-held developer pursuing utility-scale solar projects with similar target customers and asset monetization strategies.
- Swift Current Energy: Utility-scale solar and wind developer and operator in North America. Comparable as a developer/owner-operator of utility-scale renewable projects pursuing similar PPA and asset sale channels.
Broad incumbents
- EDF Renewables North America: Major US renewable energy developer and owner-operator with utility-scale solar, wind, and storage portfolios. Overlaps with Pine Gate as a broad incumbent competing for the same utility-scale solar development opportunities and asset buyers.
- Clearway Energy Group: Owner and operator of utility-scale renewable energy and storage assets in the US. Comparable as a large incumbent acquiring utility-scale solar and storage assets from developers, including as a likely buyer for Pine Gate-adjacent assets.
- AES Corporation: Diversified global power company with significant US utility-scale solar and storage development through AES Clean Energy. Comparable as a broad incumbent with both renewable development capabilities and offtake demand from corporate buyers.
- Invenergy: Privately-held US-based developer and operator of utility-scale renewable energy and storage projects. Comparable in scale and integrated developer/owner-operator model, with significant solar+storage development competing for the same utility customers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Pine Gate Renewables social profiles
Digital presencePine Gate Renewables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pine Gate Renewables leadership team
Management profileNumber of profiles
Profiles6 records
Pine Gate Renewables subsidiaries and ownership
Company hierarchySubsidiaries1 record
Pine Gate Renewables funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pine Gate Renewables M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pine Gate Renewables
What does Pine Gate Renewables do?
Pine Gate Renewables developed, owned, and operated utility-scale solar and battery energy storage projects across the United States. The company managed a portfolio of more than 1 gigawatt in operation and over 20 gigawatts in active development pipeline, including flagship projects like the 1,200-MW Sunstone Solar in Oregon with integrated battery storage. It monetized these assets through project sales and asset transfers to strategic acquirers including Amazon, Nofar USA, and Fundamental Advisors.
Is Pine Gate Renewables a public or private company?
Pine Gate Renewables is a private company. It is classified as venture growth investor backed and is currently acquired.
When was Pine Gate Renewables founded?
Pine Gate Renewables was founded in 2014. It employs 251 to 500 people.
Where is Pine Gate Renewables based?
Pine Gate Renewables is headquartered in Asheville, United States, in the North America region.
How does Pine Gate Renewables make money?
Two revenue lines are on record. Project Development and Ownership is the primary driver. The others are preferred Equity Financing.
Who are Pine Gate Renewables's main competitors?
Direct peers on record are Lightsource bp, Avantus (formerly 8minute Solar Energy), Recurrent Energy, Cypress Creek Renewables, Origis Energy and Swift Current Energy. Broad incumbents are EDF Renewables North America, Clearway Energy Group, AES Corporation and Invenergy.
Does Pine Gate Renewables have an API?
No public API is recorded for Pine Gate Renewables.