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.