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