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Pine Gate Renewables has closed on a $288 million preferred equity investment with funds affiliated with Blackstone Credit & Insurance. 

The investment supports six solar projects across two states totaling 780 MW, backed by corporate offtake agreements.

“Leading Pine Gate’s first preferred equity investment was a significant milestone for our team and the enterprise at large,” says Pine Gate Renewables’ Meghan Comiskey.

“A multi-portfolio transaction with the exceptional partnership of Blackstone enables us to scale our business efficiently as we generate The Power of Tomorrow.”

Stoel Rives advised Pine Gate Renewables on the transaction. Milbank LLP advised Blackstone Credit & Insurance.

The post Pine Gate Renewables Closes $288M Preferred Equity Financing with Blackstone appeared first on Solar Industry.

Pine Gate Nets Equity Position to Support 780 MW Portfolio

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Renewable Energy

Trumpism Has Its Humorous Side

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Apparently, this guy believes that the majority of Americans think poorly of Trump supporters, and wonders if this the message we want to send.

News flash: This is precisely the message we want to send.

I wonder what his doctorate is in.  Filth? Debauchery? White collar felonies?  War crimes?

Trumpism Has Its Humorous Side

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Renewable Energy

What Does “Support” Actually Mean?

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The idiot’s t-shirt shown here raises the question: How do you define the word “support?”

In a certain sense, I support all countries, insofar as the people living in each deserve to live freely.

As an American, I support the United States.  I revere it for its strengths, while I advocate for remedying its considerable set of weaknesses: corruption, injustice, racism, indifference to human suffering, militarism, and greed.

What Does “Support” Actually Mean?

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Renewable Energy

Stupidity and Racism: A Lethal Combination

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BREAKING: Texas Republicans are flailing after a party nominee posted vile racist commentary and refused to take it back.
The firestorm started Sunday when Bo French, the GOP nominee for Texas Railroad Commissioner, posted a photo of University of Texas football fans, “most of them people of color,” writing that “the problem is now obviously far worse than anyone imagined,” according to Politico.
The post appeared to target South Asian students and sent Texas Republicans into a panic over the damage it could do “down the ballot,” including Attorney General Ken Paxton’s struggling Senate bid and Abbott’s own reelection.
Before the Republican party aligned itself with rank stupidity, tacit racism was not really a huge problem.  Now, however, we have the equivalent of mixing alcohol with opiates, a deadly combination, which has made the midterms very tough for the GOP–even in Texas.

Stupidity and Racism: A Lethal Combination

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