U.S. Developer Pine Gate Renewables Wins Utility-Scale Solar Lease Auction

May 2, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Last week, the U.S. Bureau of Land Management (BLM) announced that Pine Gate Renewables LLC (Asheville, North Carolina), which focuses on developing and financing solar and storage sites in the U.S, won the rights to develop utility-scale solar power on more than 1,000 acres of federal land in Colorado. Industrial Info is tracking more than $600 million worth of solar-generation projects from Pine Gate Renewables that have a medium-to-high likelihood (70% or more) of moving forward as planned.