Solar Firm Pine Gate Turns to Advisers Amid Anti-Green Push

Pine Gate Renewables is consulting advisers as the solar power company wrestles with liquidity constraints amid the Trump administration’s push to derail the clean energy industry, according to people familiar with the situation.

The developer and operator of solar and energy storage projects is working with Lazard Inc. in addition to Latham & Watkins, said the people, who asked not to be identified discussing a private matter. The company has some high profile backers with loans from Brookfield Asset Management Ltd. and Carlyle Group Inc., while Blackstone Inc. provided preferred equity.

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