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Home·Deals·Utility-scale solar·Nofar USA acquires Pine Gate Renewables
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acquisitionAnnounced · Jan 5, 2026Utility-scale solarSource · MagazinesArticle · Factual
Pine Gate Renewables
Nofar USA
Pine Gate Renewables · Nofar USA

Nofar USA acquires Pine Gate Renewables

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$285M
Target
Pine Gate Renewables
Pine Gate Renewables
Asheville, North Carolina
Acquirer
Nofar USA
Nofar USA
Full Acquisition
Status
Pending

Nofar USA agreed to acquire Pine Gate Renewables. Reported deal value: $285M. Status: Pending. Sector: Utility-scale solar. Target headquarters context: Asheville, North Carolina, United States.

This page summarizes publicly available information about the transaction as of 2026-01-05. Figures and status may change as filings and press coverage update.

Nofar USA expected to acquire Pine Gate Renewables ’ 979 - MW solar portfolio following bankruptcy By | January 5, 2026 Nofar USA , a subsidiary of global independent power producer Nofar Energy, is the successful bidder for the acquisition of a 979 - MW utility - scale solar portfolio developed by , pending approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division

Deal timeline

Announced
Jan 5, 2026 · solarpowerworldonline.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Utility-scale solar with a reported deal value of $285M. Figures and status may change as sources update.

Sources: solarpowerworldonline.com · Primary article · FireStrike proprietary index