
Pine Gate Renewables Pursues Strategic Sales Process
Key highlights
- Strategic sales process initiated for renewable assets
- Financial backing secured from current lenders for operations
- Competitive bidding expected to occur in 45 days
- Ongoing support for project partners and operational projects
- Expertise from Alvarez & Marsal for restructuring
Source: PR Newswire
Notable Quote
“ To ensure that our projects continue generating renewable energy, we made the strategic decision to commence this court-supervised sales process. I'm grateful for the hard work and dedication of the Pine Gate team who has been key to helping us drive the renewable energy transition. ”
Ben Catt, CEO at Pine Gate Renewables
Why this matters
This announcement highlights Pine Gate Renewables' proactive approach to navigating financial challenges while ensuring ongoing support for its key projects and stakeholders, reinforcing its commitment to the renewable energy sector. This development is particularly significant for the energy sector.



