Fengate acquires interest in operational U.S. solar portfolio

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentHouston, TX, March 31, 2026 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate) is pleased to announce the acquisition of a 50% interest in a 227 MWac portfolio of 12 operating solar projects in the western United States.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThe investment is a 50/50 joint-venture with independent power producer, Clearway Energy Inc. (“Clearway” NYSE:CWEN), an existing investment partner of Fengate’s on an operational wind facility.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article content“This transaction supports our energy transition strategy to acquire core, operating long-term contracted renewable projects for Fengate Infrastructure Yield Fund, and we are proud to partner with Clearway on a second renewables investment,” said Greg Calhoun, Managing Director and Head of Energy Transition at Fengate.Article contentArticle contentFengate is managing the investment on behalf of Fengate Infrastructure Yield Fund and its affiliated entities, including an investment by the LiUNA Pension Fund of Central and Eastern Canada.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentAbout FengateArticle contentFengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies, with more than US$7 billion of capital commitments under management. The firm has been investing in infrastructure since 2006 with a focus on mid-market greenfield and brownfield infrastructure assets in the transportation, social, energy transition and digital sectors. Fengate is one of North America’s most active infrastructure investors and developers with a portfolio of more than 50 assets. Learn more at www.fengate.com.Article contentArticle contentArticle contentArticle contentArticle contentArticle contentFengate Media Fengate Asset Management media@fengate.com Article contentTrending Opinion: Doug Ford hands Donald Trump a trade weapon FP Comment Old Age Security reform is a good idea; arbitrary clawbacks are not Personal Finance Posthaste: The world's biggest stock market is 'geriatric.' Should we be worried? News Posthaste: Gold's fall from grace could be worse than markets expect News Air Canada CEO likely sealed his own fate in failing to learn from first language misstep, governance experts say Airlines Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Opinion: Doug Ford hands Donald Trump a trade weapon FP Comment Old Age Security reform is a good idea; arbitrary clawbacks are not Personal Finance Posthaste: The world's biggest stock market is 'geriatric.' Should we be worried? News Posthaste: Gold's fall from grace could be worse than markets expect News Air Canada CEO likely sealed his own fate in failing to learn from first language misstep, governance experts say Airlines