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.

The investment is a 50/50 joint-venture with independent power producer, Clearway Energy Inc. (NYSE:CWEN), an existing investment partner of Fengate's on an operational wind facility.

Fengate 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.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.