Pine Gate Renewables begins construction works at 101 MW Bowman solar project in US
Pine Gate Renewables has announced the commencement on construction of Bowman Solar, LLC. Bowman is a 101 megawatt project spanning 651 acres in Orangeburg County, South Carolina.
Construction on the 849,840-panel project began in Q2 2019 with commercial operation anticipated for Q1 2020. Financing for Bowman was led by CIT’s Power and Energy group, which arranged the construction and permanent financing facilities, and US Bank, who arranged the tax equity investment. Momentum Energy Advisors assisted Pine Gate Renewables in sourcing, structuring, and executing the debt and tax equity financing.
Bowman will generate enough energy to power approximately 75,000 homes with a greenhouse gas reduction that is equivalent to removing 19,100 gas-powered cars from the road and planting 118,000 trees.
Country updates
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