Generate Capital, HOOPP and HESTA completed a $650m investment in Pine Gate Renewables.

Generate Capital, a sustainable investment and operating company, Healthcare of Ontario Pension Plan, a defined benefit pension plan, and HESTA, an industry superannuation fund, completed a $650m investment in Pine Gate Renewables, a developer and owner-operator of utility-scale solar and energy storage projects across the United States. “Pine Gate is proud to expand our partnership with Generate Capital and to benefit from HOOPP’s and HESTA’s deep experience in responsible and innovative investing. This landmark transaction unlocks a new era of partnership and value creation at Pine Gate Renewables as we strive towards our mission to generate The Power of Tomorrow," Ben Catt, Pine Gate Renewables CEO.