Fengate Asset Management has closed on a new development partnership with 42 Renewables and the launch of Fengate Distributed Generation Partners.
With a proven management team and unprecedented demand for renewable-energy projects, Fengate Distributed Generation Partners is a new platform focused on acquiring, developing, constructing and operating distributed-generation (DG) solar, DG solar plus battery storage, and DG battery-storage projects. Target market segments include community solar; municipal, university, school district and hospital; commercial and industrial; and small utility-scale projects.
Fengate is managing this partnership on behalf of its infrastructure investors, including an investment fund owned by the LiUNA Pension Fund of Central and Eastern Canada.
